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Property profile & analytics
OFF-MARKET
Office buildings
122 Mc Kenna Ave Gretna, NE 68028-8079
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US57-1184105
Property summary
AI-generated overview
This meticulously maintained, two-story office building, located at 122 N McKenna Avenue in the heart of downtown Gretna, Nebraska, presents a unique investment opportunity. Built in 1910 and completely renovated in 2016, the 3,245 square foot building boasts 8 large private offices, a welcoming reception area, a dedicated file room, a spacious conference room, a restroom, and a convenient kitchenette. The layout is ideal for a variety of professional uses. A temperature-controlled basement provides ample storage space and an additional restroom. The property sits on a 0.16-acre lot and includes off-street parking, a significant advantage in a vibrant downtown setting. Further enhancing the property's appeal is a metal garage with an overhead door, included in the sale. The building is zoned DC and offers a fantastic owner-user opportunity or a strong potential for rental income. Priced at $625,000, this property represents an exceptional blend of historic character and modern functionality in a thriving Nebraska community.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1910
Construction
FRAME
Total area
1,764 SF
Lot
0.16 ac (7,000 SF)
APN
10323643
UPID
US57-1184105
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
-
Dimensions In Senior Living Nursing Home Retirement Community
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Wb Real Estate Of Gretna LLC · 11 yrs held
Wb Real Estate Of Gretna LLC
since 2015
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Gretna submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gretna 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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 2023Property tax & assessments
Tax year 2023
Tax billed
$3,869
Tax year 2023
Assessed value
$179,993
Assessed 2023
Previous assessed
$179,993
+0.0% YoY
Effective rate
2.15%
On assessed value
Assessed land
$31,500
Assessed improvement
$148,493
Land market value
$31,500
Improvement market value
$148,493
Total market value
$179,993
Applied tax rate
37,001.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1910
Construction
FRAME
Heating
FORCED AIR
Buildings
3
Stories
1
Units
2
Total area
1,764 SF
Lot
0.16 ac (7,000 SF)
APN
10323643
UPID
US57-1184105
Jurisdiction
SARPY
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1910
Construction
FRAME
Heating
FORCED AIR
Stories
1
Buildings
3
Units
2
Lot
0.16 ac
Current owner
From public records · entity-resolved
Wb Real Estate Of Gretna LLC
Entity
Mailing address
122 N MC KENNA AVE, GRETNA, NE 68028-8079
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 12, 2016
—
Wb Real Estate Of Gretna LLC
—
Trustees Deed
related
$600,000 · American Nat'l Bk
Jun 8, 2015
$175,000
Wb Real Estate Of Gretna LLC
Millhaven LLC
Warranty Deed
$179,233 · American National Bank
Jul 2, 2007
$229,000
Millhaven LLC
Kramer,michael T & Ann M
Warranty Deed
$171,375 · Cattle Nat'l Bank & Trust Co
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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