11128 John Galt BlvdOmaha, NE 68137

Property Details for 11128 John Galt Blvd

Year built

1975

Lot size

3.95 AC

Property size (Sq ft)

126,220 SF

Zone code

GI

Property type

Office buildings

APN

1023590587

APU

1023590587

Description

The Metropolitan Business Center, located at 11128 John Galt Blvd in Omaha, Nebraska (68137), offers exceptional executive office space. This Class B office building, totaling 137,568 square feet, underwent renovations in 2011 and boasts a prime location near the intersection of 111th & John Galt, with convenient access to Interstate 80. The property sits on a 3.95-acre lot and provides ample parking with 554 spaces. Currently, there are 15,293 square feet of vacant space available, divisible into units ranging from a minimum of 1,000 square feet to a maximum contiguous space of 12,102 square feet, perfect for businesses of various sizes. The building features elevators and is zoned GI. Building signage opportunities are available, providing excellent visibility to Interstate 80 and L Street. One available suite, Suite 501, even includes existing furniture. This property presents a unique opportunity for businesses seeking high-quality office space in a desirable Omaha location. The building was originally constructed in 1975.

• CAP approach

  CAP return

  Valuation

  6%

  $22,528,240

  6.5%

  $20,795,298

  7%

  $19,309,920

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,442,269

  Geo Method

  $6,442,269

• Alternative Use

  Use

  Valuation

  Residential

  $25,786,170

  Hospitality

  $23,619,994

  Educational

  $19,651,558

  Medical

  $20,327,404

  Retail

  $30,569,090

Location Insight

City

Omaha

County

Douglas

State

Nebraska

Latitude

41.2099

Longitude

-96.0883

CBSA code

36540

CBSA name

OMAHA-COUNCIL BLUFFS, NE-IA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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