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    Property profile & analytics

    415 Commercial St Diller, NE 68342-4095

    • Bars
    • 2,000 SF
    • 0.24 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US57-0783930
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Whiskey Barrel Bar & Grill / Bar / Restaurant

    Property Details for 415 Commercial St

    Year built
    1900
    Lot size
    0.24 lot acres
    Property size
    2,000 SF
    Zone code
    03-COMMERCIAL
    Property type
    Bars
    Property subtype
    Pubs
    APN
    480025959
    APU
    480025959

    Description

    This exceptional turnkey opportunity presents the Whiskey Barrel Bar & Grill, a thriving restaurant and bar located at 415 Commercial St, Diller, NE 68342. Boasting 3,320 square feet of space across two buildings on a 10,500 square foot lot (APN 480025959), this well-established business is situated in Jefferson County and benefits from a prime commercial zoning designation. Built in 1900 and renovated in 2003, the property features a modern and attractive interior designed to comfortably accommodate a large number of patrons. The Whiskey Barrel is a destination restaurant, drawing customers from a wide area and enjoying consistent growth in business volume. All aspects of the business are fully compliant with current codes and regulations, ensuring a smooth transition for the new owner. The sale includes two units, making this a truly turnkey operation ready for immediate success. This is a rare chance to acquire a profitable, established business with a proven track record and significant growth potential. The property's location and reputation contribute to its strong appeal and consistent customer base. This is a unique opportunity for an investor seeking a high-return, established business in a desirable location. The asking price for this exceptional property is $425,000.

    Value Estimations

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Diller
    County
    Jefferson
    State
    Nebraska
    Longitude
    -96.9355
    Latitude
    40.1087

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,067
    $1,155
    $69,269
    $70,424
    -
    $1,155
    $69,269
    $70,424

    Comparable in this City

    • Value Estimation by Request
      1,440 SF

      320 Commercial St

      RETAIL STORES (PERSONAL SERVICES) • 1,440 SF
      320 Commercial St, Diller, NE 68342
      View Details
    • Value Estimation by Request
      1,105 SF

      305 Commercial St

      AUTO REPAIR, GARAGE • 1,105 SF
      305 Commercial St, Diller, NE 68342
      View Details
    • Value Estimation by Request
      500 SF

      417 Commercial St

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 500 SF
      417 Commercial St, Diller, NE 68342
      View Details
    • Value Estimation
      $470,000
      2,880 SF

      603 Commercial St

      COMMERCIAL (GENERAL) • 2,880 SF
      603 Commercial St, Diller, NE 68342-4091
      View Details
    • Value Estimation
      $205,000
      4,116 SF

      323 Kelley St

      COMMERCIAL (GENERAL) • 4,116 SF
      323 Kelley St, Diller, NE 68342-4079
      View Details
    • Value Estimation by Request
      14.35 Acres

      Diller, NE 68342

      INDUSTRIAL - VACANT LAND • 14.35 Acres
      Diller, NE 68342
      View Details
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    415 Commercial St
    Diller, NE 68342-4095
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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