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    Property profile & analytics

    1919 40th St, Unit 315 Lincoln, NE 68506-5243

    • Office Properties & Spaces
    • 1,281 SF
    • 0.06 lot acres
    OFF-MARKET
    Value Estimation
    $180,000
    Last Sale
    Nov 06, 2024
    $187,000
    Location Intelligence
    Property ID
    US57-0306036
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Lange Structural Group / Structural Engineer
    • Lincoln Endodontics / Dentist / Endodontist
    • Brunmeier Dental / Dentist
    • Optimal Dental PC / Dentist / Dental Clinic
    • Krueger Family Dentistry / Dentist

    Property Details for 1919 40th St

    Year built
    1984
    Lot size
    0.06 lot acres
    Property size
    1,281 SF
    Zone code
    B1
    Property type
    Office Properties & Spaces
    APN
    17-31-200-017-036
    APU
    1731200017036

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $185,000

    • CAP approach

      CAP return
      Estimation
      6%
      $155,000
      6.5%
      $130,000
      7%
      $130,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $160,000
      Geo Method
      $135,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $155,000
      Retail
      $170,000
      Mixed-Use
      $175,000
      Hospitality
      $140,000
      Educational
      $180,000
      Residential Income
      $145,000
      Energy
      $150,000
      Income-Based Land
      $130,000
      Food Service
      $140,000

    Location Insight

    • Map
    • Local Demand
    City
    Lincoln
    County
    Lancaster
    State
    Nebraska
    Longitude
    -96.6641
    Latitude
    40.7927
    CBSA code
    30700
    CBSA name
    LINCOLN, NE METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $2,781
    $19,700
    $135,900
    $155,600
    -
    $19,700
    $135,900
    $155,600

    Comparable in this City

    • Value Estimation by Request
      18,336 SF

      1530 70th St

      OFFICE (GENERAL) • 18,336 SF
      1530 70th St, Lincoln, NE 68506-1567
      View Details
    • Value Estimation by Request
      393,110 SF

      1535 52nd St

      OFFICE (GENERAL) • 393,110 SF
      1535 52nd St, Lincoln, NE 68506-1304
      View Details
    • Value Estimation by Request
      16,528 SF

      2600 56th St

      OFFICE (GENERAL) • 16,528 SF
      2600 56th St, Lincoln, NE 68506-3742
      View Details
    • Value Estimation by Request
      10,770 SF

      3910 Ss St

      OFFICE (GENERAL) • 10,770 SF
      3910 Ss St, Lincoln, NE 68506-5220
      View Details
    • Value Estimation by Request
      7,101 SF

      3606 48th St

      OFFICE (GENERAL) • 7,101 SF
      3606 48th St, Lincoln, NE 68506-4340
      View Details
    • Value Estimation
      $515,000
      13,560 SF

      2855 70th St

      OFFICE (GENERAL) • 13,560 SF
      2855 70th St, Lincoln, NE 68506-3700
      View Details

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    Similar Nearby for Lease

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      Centrally located office space with high visibility and easy access.
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    • $21 SF/Yr
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      High-traffic retail space, Lincoln, NE.
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    • $12 SF/Yr
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      Lincoln Office Space For Rent

      Office suite with private offices, kitchenette, and secure reception.
      1919 S 40Th St, Lincoln, NE 68506
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    • $15 SF/Yr
      1,375 SF

      Office Space Available For Rent

      Office space available for lease, 1375 square feet.
      1610 S 70Th St, Lincoln, NE 68506
      View Details
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    Lincoln, NE 68506-5243
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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