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Property profile & analytics
OFF-MARKET
Estimated value
$3,135,000
Investment properties
1600 O St, Lincoln, NE 68508-1650
Entity Owned
7-yr Hold
Free & Clear
Property ID
US57-0261043
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1917
Total area
27,490 SF
Lot
0.33 ac (14,200 SF)
Zoning code
B4
APN
10-24-324-010-000
UPID
US57-0261043
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
-
Trump Memorials & Funeral Services Social Service Agency
-
The Red Writers Project Charitable Organization Social Service Agency
-
Curtis's Electricians Electrical Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.20M
Blend (final)
Blend
$3.14M
Owner & transaction history
Kc Partners LLC · 7 yrs held
Kc Partners LLC
since 2019
5 recorded transactions
Zoning & alternative use
B4 · 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$3,810,000
Current use
Blend value · Realmo final
$3.14M
Range $2.82M – $3.45M · ±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
$114 / 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
$49,998
Tax year 2024
Assessed value
$2,797,400
Assessed 2024
Previous assessed
$2,711,600
+3.2% YoY
Effective rate
1.79%
On assessed value
Assessed land
$383,400
Assessed improvement
$2,414,000
Land market value
$383,400
Improvement market value
$2,414,000
Total market value
$2,797,400
Applied tax rate
9,408.0000
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
Off-Market
Year built
1917
Heating
HEAT PUMP
Cooling
YES
Stories
1
Units
13
Total area
27,490 SF
Lot
0.33 ac (14,200 SF)
Zoning code
B4
APN
10-24-324-010-000
UPID
US57-0261043
Jurisdiction
LANCASTER
Zoning & alternative use
B4 · Lincoln, NE
Zoning B4 · permitted uses
B4 · 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
$3.8M
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
1917
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Units
13
Lot
0.33 ac
Current owner
From public records · entity-resolved
Kc Partners LLC
Entity
Free & Clear · 7 yrs held
Mailing address
PO BOX 84544, LINCOLN, NE 68501-4544
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 3, 2019
—
Kc Partners LLC
—
Trustees Deed
related
$252,000 · Union Bk&tr
Apr 26, 2019
—
Kc Partners LLC
—
Trustees Deed
related
$2,200,000 · Union Bk&tr
Jan 2, 2019
—
Kc Partners LLC
Clark,eric T & Carol J
Quit Claim Deed
related
—
Dec 28, 2018
$750,000
Kc Partners LLC
Gilbert,kevin J & Sarah C
Warranty Deed
—
Apr 2, 2002
$327,000
Kevin J Gilbert
Merchandise Mart Building Corp
Grant Deed
$520,000 · Union Bank & Trust
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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