Entity Owned 
For Lease
Contact for pricing
700 Van Dorn St, Lincoln, NE 68502
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Property summary
AI-generated overview
This exceptional 1,713 square foot flex space is immediately available in a larger 28,444 square foot building situated on a substantial 214,834 square foot lot. The property boasts a convenient location, easily accessible from Van Dorn Street and Highways 2 & 77. Its flexible design, featuring both a rear loading area ideal for logistics and a storefront perfect for retail interaction, makes it suitable for a wide range of businesses. The space is currently vacant and presents a blank canvas for customization, allowing tenants to tailor the layout to their specific operational needs. The building itself is a single-story Class B industrial structure, zoned I1 - I1-Industrial District, under APN 10-35-300-035-000. While the entire building houses multiple tenants, this particular unit offers 1,713 contiguous square feet, providing ample room for growth and expansion. The property's strategic location and adaptable design make it an excellent opportunity for businesses seeking a versatile and accessible workspace. Schedule a viewing today to explore the potential of this adaptable space and envision how it can perfectly accommodate your business requirements. The property offers immediate occupancy.
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1970
Total area
28,444 SF
Lot
4.94 ac (214,969 SF)
Zoning code
I1
APN
10-35-300-035-000
UPID
US57-0216929
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Training Center
-
Trade Show Venue (Bike/Boat/Book/etc) Store
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.32M
Comparable Approach
Comparable
$3.84M
Blend (final)
Blend
$4.49M
Owner & transaction history
since 2022
6 recorded transactions
Zoning & alternative use
I1 · Lincoln, NE
Top alternative use upside
Retail stores
$6.0M
+88.0%
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
17% off on annual
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 6 comparables with addresses
2 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$4.49M
Value range
$4.04M – $4.94M
±10% around blend
Estimated value / SF
$158 / SF
Confidence
High
6 county-verified comps
Property data
100
Market benchmarks
100
Comparable evidence
60
$4.04M
blend $4.49M
$4.94M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
28,444 SF
Lot area
4.94 ac
Year built
1970
Stories
1
APN
10-35-300-035-000
Zoning
I1
Assessed value
$4,030,000
Annual tax
$72,028
3
Income approach: direct capitalization
Partial preview
Income approach indication
$5.32M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$5.76M
@ 6.5% CAP return
$5.32M
@ 7% CAP return
$4.94M
4
Sales comparison
Partial preview
Sales approach indication
$1.80M
Weighted, 6 comps · high confidence
Evidence
6 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
1.9 mi away · 26,408 SF
5.8 mi away · 23,760 SF
5.8 mi away · 20,000 SF
6.9 mi away · 23,913 SF
6.9 mi away · 23,913 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$4.49M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 50 sales
$113
+40%
Submarket 485 sales
$131
+21%
County 527 sales
$130
+22%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $158/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Retail Stores
Gross theoretical uplift
+88%
vs current-use indication
Commercial (general) · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 6 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$4.03M
Move the market yield to see immediate price impact.
Value / SF
$142
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$254k
$5.08M
$3.63M
$2.82M
$282k
$5.64M
$4.03M
$3.13M
$310k
$6.21M
$4.43M
$3.45M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
6 found
High confidence · county-verified
Closest comparable
$3.88M
1.2 mi · Jan 2026 · $118/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$72,028
Tax year 2024
Assessed value
$4,030,000
Assessed 2024
Previous assessed
$4,030,000
+0.0% YoY
Effective rate
1.79%
On assessed value
Assessed land
$913,500
Assessed improvement
$3,116,500
Land market value
$913,500
Improvement market value
$3,116,500
Total market value
$4,030,000
Applied tax rate
1.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Lease
Year built
1970
Heating
YES
Cooling
YES
Buildings
2
Stories
1
Units
1
Total area
28,444 SF
Lot
4.94 ac (214,969 SF)
Zoning code
I1
APN
10-35-300-035-000
UPID
US57-0216929
Jurisdiction
LANCASTER
Zoning & alternative use
I1 · Lincoln, NEZoning I1 · permitted uses
I1 · Lincoln, NE
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1970
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Units
1
Lot
4.94 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
I1
Jurisdiction
Lincoln, NE
Recorded code
I1
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for I1 in Lincoln, NE.
What opens after registration
Zoning profile
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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