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Property profile & analytics
FOR LEASE
Investment properties
109 S Canopy St Lincoln, NE 68508
Entity Owned
Free & Clear
Property ID
US57-0532775
For Lease
1 / 5
Contact for pricing
109 S Canopy St, Lincoln, NE 68508
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Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
2023
Total area
206,722 SF
Lot
1.12 ac (48,961 SF)
Zoning code
B4
APN
10-23-107-001-000
UPID
US57-0532775
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Canopy Park Apartment Complex
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$38.64M
Comparable Approach
Comparable
$46.26M
Blend (final)
Blend
$35.74M
Owner & transaction history
WEST HAYMARKET HOLDING COMPANY LLC
WEST HAYMARKET HOLDING COMPANY LLC
Zoning & alternative use
B4 · Lincoln, NE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$43.9M
+53.2%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Lincoln submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lincoln submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$41,860,000
6.5%
$38,640,000
7%
$35,880,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$28,660,000
Current use
RETAIL STORES
$43,895,000
Change: +53% · Conversion: Easy
Blend value · Realmo final
$35.74M
Range $32.17M – $39.31M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$173 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$898,161
Tax year 2024
Assessed value
$50,252,400
Assessed 2024
Previous assessed
$36,530,200
+37.6% YoY
Effective rate
1.79%
On assessed value
Assessed land
$1,909,400
Assessed improvement
$48,343,000
Land market value
$1,909,400
Improvement market value
$48,343,000
Total market value
$50,252,400
Applied tax rate
9,423.0000
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
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
For Lease
Year built
2023
Heating
HEAT PUMP
Units
253
Total area
206,722 SF
Lot
1.12 ac (48,961 SF)
Zoning code
B4
APN
10-23-107-001-000
UPID
US57-0532775
Jurisdiction
LANCASTER
Zoning & alternative use
B4 · Lincoln, NEZoning B4 · permitted uses
B4 · Lincoln, NE
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$28.7M
RETAIL STORES
Est. value
$43.9M
COMMERCIAL (GENERAL) Current
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2023
Heating
HEAT PUMP
Units
253
Lot
1.12 ac
Current owner
From public records · entity-resolved
WEST HAYMARKET HOLDING COMPANY LLC
Entity
Free & Clear · 0 yrs held
Mailing address
121 S 13TH ST, LINCOLN, NE 68508-1904
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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