403 Saddle Creek RdOmaha, NE 68131

Property Details for 403 Saddle Creek Rd

Year built

1945

Lot size

0.29 AC

Property size (Sq ft)

5,680 SF

Property type

Auto shops

APN

2018780007

APU

2018780007

Description

This exceptional 0.5-acre commercial land parcel, located at 403 N Saddle Creek Rd, Omaha, NE 68131, presents a unique investment opportunity. Zoned CC, this single-tenant retail site boasts excellent visibility and accessibility on North Saddle Creek Road, with convenient access to Chicago Street. The property benefits from its proximity to the recently expanded UNMC, including the new Buffet Cancer Center, creating a high-density population of over 4,000 students and 6,000 employees within close proximity. This area shows consistent year-over-year growth and is supported by a substantial daytime population of 17,500 within a one-mile radius. The site is strategically positioned amongst established businesses including Walmart Neighborhood Market, Chipotle, Panera Bread, Qdoba, Bank of the West, Dave's Hot Chicken, Walgreens, and Starbucks, ensuring high foot traffic and brand recognition. Furthermore, the development is enhanced by the addition of over 1,000 new apartment units within walking distance, further bolstering the potential for strong retail performance. The property offers 21,780 square feet of development potential. This is an unparalleled chance to capitalize on the thriving commercial landscape of Omaha, Nebraska.

• CAP approach

  CAP return

  Valuation

  6%

  $1,515,956

  6.5%

  $1,399,344

  7%

  $1,299,390

• Comparable approach

  Method

  Valuation

  Relative Method

  $730,566

  Geo Method

  $730,566

• Alternative Use

  Use

  Valuation

  Residential

  $1,180,399

  Hospitality

  $1,081,239

  Educational

  $899,578

  Medical

  $930,516

  Retail

  $1,399,344

Location Insight

City

Omaha

County

Douglas

State

Nebraska

Latitude

41.2633

Longitude

-95.9803

CBSA code

36540

CBSA name

OMAHA-COUNCIL BLUFFS, NE-IA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].