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Property profile & analytics
OFF-MARKET
Estimated value
$550,000
Office Spaces
1340 Cotner Blvd Lincoln, NE 68505-1838
Entity Owned
~
Est. High Equity
Property ID
US57-0011375
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1955
Total area
5,616 SF
Lot
0.66 ac (28,653 SF)
Zoning code
B1
APN
17-21-210-001-000
UPID
US57-0011375
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
-
Organic Crop Improvement Association Agriculture
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$365k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$613k
Blend (final)
Blend
$550k
Owner & transaction history
Broman Collective LLC
Broman Collective LLC
since 2025
Last sale
$550,000
6 recorded transactions
Zoning & alternative use
B1 · Lincoln, NE
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 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
$365,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$735,000
Current use
Blend value · Realmo final
$550k
Range $495k – $605k · ±10% · vs last sale $550k (Nov 25 2025)
Last sale anchor
$550k
Nov 25 2025
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
$98 / 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
$10,840
Tax year 2024
Assessed value
$606,500
Assessed 2024
Previous assessed
$568,600
+6.7% YoY
Effective rate
1.79%
On assessed value
Assessed land
$207,700
Assessed improvement
$398,800
Land market value
$207,700
Improvement market value
$398,800
Total market value
$606,500
Applied tax rate
1.0000
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 Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1955
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
5,616 SF
Lot
0.66 ac (28,653 SF)
Zoning code
B1
APN
17-21-210-001-000
UPID
US57-0011375
Jurisdiction
LANCASTER
Zoning & alternative use
B1 · Lincoln, NE
Zoning B1 · permitted uses
B1 · Lincoln, NE
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lincoln. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$735,000
COMMERCIAL (GENERAL) Current
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
1955
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
0.66 ac
Current owner
From public records · entity-resolved
Broman Collective LLC
Entity
Mailing address
1340 N COTNER BLVD, LINCOLN, NE 68505-1838
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 25, 2025
$550,000
Broman Collective LLC
Organic Crop Improvement Assn Intl
Warranty Deed
$412,500 · Pinnacle Bank
Apr 2, 2007
$435,000
Crop Improvement Assn Organic
Lambert Holdings INC
Warranty Deed
$1,044,000 · Cornhusker Bank
Oct 11, 2004
$325,000
Lambert Holdings INC
Emery Family Ptshp
Warranty Deed
related
$325,000 · Emery Family Ptshp
—
—
Crop Improvement Assn Organic
—
Deed Of Trust
related
$345,000 · Wells Fargo Bank
—
—
Organic Corp Improvement Assn
—
Deed Of Trust
related
$75,000 · Wells Fargo Bk
—
—
Crop Improvement Assn Organic
—
Loan Modification
related
$160,000 · Wfb NA
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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