11002 Emmet StOmaha, NE 68164

Property Details for 11002 Emmet St

Year built

2001

Lot size

1.67 AC

Property size (Sq ft)

13,491 SF

Zone code

CC

Property type

Strip malls

Property subtype

Neighborhood centers

APN

1023530102

APU

1023530102

Description

This exceptional single-story retail strip center, located at 11002 Emmet St in Omaha, Nebraska, presents a compelling investment opportunity. Built in 2001, the property boasts a total of 13,491 square feet, with 1,794 square feet currently available for lease. The center is situated in Douglas County, within the CC zoning district, providing flexibility for a variety of retail uses. The property features ample parking, with a ratio of 8.07 spaces per 1,000 square feet, ensuring convenient access for customers and tenants. The building's single-story design offers easy navigation and accessibility. The multiple tenancy structure allows for diverse income streams and potential for future growth. The property's prime location in Omaha, Nebraska, zip code 68164, offers excellent visibility and accessibility to a thriving consumer base. This is an ideal opportunity for investors seeking a well-maintained, established retail property with immediate income potential and significant upside. The available 1,794 square feet presents a chance to secure a strong tenant and further enhance the property's value. Detailed financial information is available upon request.

• CAP approach

  CAP return

  Valuation

  6%

  $3,101,706

  6.5%

  $2,863,113

  7%

  $2,658,605

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,735,223

  Geo Method

  $1,735,223

• Alternative Use

  Use

  Valuation

  Residential

  $2,415,143

  Hospitality

  $2,212,258

  Educational

  $1,840,573

  Medical

  $1,903,873

  Retail

  $2,863,113

Location Insight

City

Omaha

County

Douglas

State

Nebraska

Latitude

41.2895

Longitude

-96.0848

CBSA code

36540

CBSA name

OMAHA-COUNCIL BLUFFS, NE-IA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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