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Property profile & analytics
OFF-MARKET
Estimated value
$1,480,000
Commercial real estate
210 20th St Gothenburg, NE 69138-1247
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US57-0727499
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1999
Total area
25,110 SF
Lot
1.5 ac (65,340 SF)
Zoning code
03-COMMERCIAL
APN
240206797
UPID
US57-0727499
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
-
Lakeside Apartments Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.48M
Owner & transaction history
Gothen&jrg Housing Partners LLC · 5 yrs held
Gothen&jrg Housing Partners LLC
since 2021
1 recorded transaction
Zoning & alternative use
03-COMMERCIAL · Gothenburg, NE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
§ 152.002 PURPOSE.
Top alternative use upside
Retail stores
$2.2M
+24.1%
Warehouse, storage
$2.0M
+10.7%
Industrial (general)
$2.0M
+9.8%
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 Gothenburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gothenburg 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)
$1,805,000
Current use
RETAIL STORES
$2,245,000
Change: +24% · Conversion: Easy
WAREHOUSE, STORAGE
$2,000,000
Change: +11% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,985,000
Change: +10% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,975,000
Change: +9% · Conversion: Difficult
Blend value · Realmo final
$1.48M
Range $1.33M – $1.63M · ±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
$59 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$23,950
Tax year 2023
Assessed value
$1,316,480
Assessed 2023
Previous assessed
$966,795
+36.2% YoY
Effective rate
1.82%
On assessed value
Assessed land
$81,675
Assessed improvement
$1,234,805
Land market value
$81,675
Improvement market value
$1,234,805
Total market value
$1,316,480
Applied tax rate
510.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1999
Buildings
2
Stories
3
Total area
25,110 SF
Lot
1.5 ac (65,340 SF)
Zoning code
03-COMMERCIAL
APN
240206797
UPID
US57-0727499
Jurisdiction
DAWSON
Zoning & alternative use
03-COMMERCIAL · Gothenburg, NEZoning 03-COMMERCIAL · permitted uses
03-COMMERCIAL · Gothenburg, NE
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
§ 152.002 PURPOSE.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.8M
RETAIL STORES
Est. value
$2.2M
WAREHOUSE, STORAGE
Est. value
$2.0M
INDUSTRIAL (GENERAL)
Est. value
$2.0M
AUTO REPAIR, GARAGE
Est. value
$2.0M
COMMERCIAL (GENERAL) Current
RETAIL STORES
WAREHOUSE, STORAGE
INDUSTRIAL (GENERAL)
AUTO REPAIR, GARAGE
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
1999
Stories
3
Buildings
2
Lot
1.5 ac
Current owner
From public records · entity-resolved
Gothen&jrg Housing Partners LLC
Entity
Mailing address
9200 ANDERMATT DRA, LINCOLN, NE 68526-9639
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 4, 2021
—
Gothen&jrg Housing Partners LLC
—
Deed
related
$575,000 · Security First Bank
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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