This attractive, all-brick, two-story commercial building at 5017 Leavenworth Street in Omaha, Nebraska, offers two available office suites totaling 10,442 square feet. Situated in Douglas County, zip code 68106, the property enjoys a convenient location near UNMC, Dundee, and Aksarben Village. The building, constructed in 1965, features ample parking with a 4:1 space ratio (40 total spaces) and has undergone recent updates. Suite 101, located on the upper floor, offers approximately 1,675 rentable square feet, including offices, a break room, kitchenette, and a private restroom with a shower. This suite benefits from abundant natural light. Suite 1, situated on the garden level, provides approximately 2,240 square feet of space with open ceilings, creating a modern atmosphere. The minimum divisible space is 1,675 square feet, with a maximum contiguous space of 2,240 square feet. The lot size is 12,760 square feet, and the building is zoned GC - General Commercial. Utilities are included in the asking price. The building is currently home to a diverse tenant mix including CPAs and attorneys. This presents a unique opportunity for professional office space at a competitive rate.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$2,315,007
6.5%
$2,136,930
7%
$1,984,292
Comparable approach
Method
Valuation
Relative Method
$532,960
Geo Method
$532,960
Alternative Use
Use
Valuation
Residential
$2,649,792
Hospitality
$2,427,196
Educational
$2,019,398
Medical
$2,088,848
Retail
$3,141,286
Location Insight
City
Omaha
County
Douglas
State
Nebraska
Latitude
41.2522
Longitude
-95.991
CBSA code
36540
CBSA name
OMAHA-COUNCIL BLUFFS, NE-IA METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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