1650 Co Rd Lyons, NE 68038
This exceptional redevelopment opportunity presents a unique 54,000 square foot, two-story underground facility in Lyons, Nebraska. Originally constructed in 1966 as a communications center, this Class A property boasts a robust infrastructure designed for resilience and self-sufficiency. Features include a 750-kW backup turbine generator, a 329-foot communication tower with OHF radio service, and a 10,000-lb hoist. The building's substantial construction, including walls up to two feet thick, ensures exceptional durability. While some systems are decommissioned, the well-maintained interior is ready for adaptive reuse. The property sits on 24.43 acres and includes two buildings, one loading dock, and a 16-foot ceiling height. The permitted zoning is A-1 & C-1. All building plans are available for due diligence. The property's unique history, including features designed for disaster resilience (such as a decontamination shower and air filtration systems), offers significant potential for a variety of uses. Seller financing may be available. This is a rare chance to acquire a substantial, historically significant property with immense redevelopment potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.