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Property profile & analytics
OFF-MARKET
Estimated value
$535,000
Warehouses
210 Lincoln St, Papillion, NE 68046-2430
Entity Owned
~
Est. High Equity
Property ID
US57-0209742
Property summary
AI-generated overview
Exceptional investment opportunity: Papio Fun Park, a well-established family entertainment center in Papillion, Nebraska. This 7,703 square foot facility, built in 1996, sits on a 2.72-acre lot and is zoned for commercial use. The property features an 18-foot ceiling height and includes various attractions such as go-karts, mini golf, batting cages, laser tag, and an arcade. The property's prime location in a desirable neighborhood ensures consistent foot traffic and strong revenue generation. The business enjoys a loyal customer base and is ideal for hosting private events and birthday parties, providing year-round appeal. The asking price is $1,100,000, translating to $142.80 per square foot. The property's APN is 010409599. Please note that the business name, fixtures, furniture, and equipment (FF&E) are sold separately from the real property. This presents a unique opportunity to acquire a profitable, established business in a vibrant community. The property is located at 210 E Lincoln St, Papillion, NE 68046.
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1996
Construction
STEEL FRAME
Total area
6,083 SF
Lot
3 ac (130,851 SF)
Zoning code
1
APN
10409599
UPID
US57-0209742
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$435k
CAP Approach
CAP
$660k
Comparable Approach
Comparable
$513k
Blend (final)
Blend
$535k
Owner & transaction history
Pw & Rd Enterprises INC
Pw & Rd Enterprises INC
4 recorded transactions
Zoning & alternative use
1 · Papillion, NE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$820,000
+5.2%
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 Papillion submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Papillion 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
$435,000
CAP Approach
CAP Return
Estimation
6%
$715,000
6.5%
$660,000
7%
$615,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$780,000
Current use
RETAIL STORES
$820,000
Change: +5% · Conversion: Moderate
Blend value · Realmo final
$535k
Range $482k – $589k · ±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
$88 / 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
$17,693
Tax year 2023
Assessed value
$939,635
Assessed 2023
Previous assessed
$939,635
+0.0% YoY
Effective rate
1.88%
On assessed value
Assessed land
$392,553
Assessed improvement
$547,082
Land market value
$392,553
Improvement market value
$547,082
Total market value
$939,635
Applied tax rate
27,001.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1996
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
1
Units
1
Total area
6,083 SF
Lot
3 ac (130,851 SF)
Zoning code
1
APN
10409599
UPID
US57-0209742
Jurisdiction
SARPY
Zoning & alternative use
1 · Papillion, NE
Zoning 1 · permitted uses
1 · Papillion, NE
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Papillion. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$780,000
RETAIL STORES
Est. value
$820,000
WAREHOUSE, STORAGE Current
RETAIL STORES
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
1996
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
2
Units
1
Lot
3 ac
Current owner
From public records · entity-resolved
Pw & Rd Enterprises INC
Entity
Mailing address
210 E LINCOLN ST, PAPILLION, NE 68046-2430
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
—
—
Pw & Rd Enterprises INC
—
Deed Of Trust
related
$30,000 · American National Bank & Trust
—
—
Pw & Rd Enterprises INC
—
Deed Of Trust
related
$75,607 · American National Bank & Trust
—
—
Fun Park Papio
—
Deed Of Trust
related
$204,347 · American National Bank & Trust
—
—
Fun Park Papio
—
Deed Of Trust
related
$141,889 · American National 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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