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Property profile & analytics
OFF-MARKET
Estimated value
$3,270,000
Office Spaces
2124 Y St Lincoln, NE 68503-2495
Entity Owned
19-yr Hold
~
Est. High Equity
Property ID
US57-1190201
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1920
Total area
30,374 SF
Lot
0.58 ac (25,197 SF)
Zoning code
I1
APN
10-24-207-018-000
UPID
US57-1190201
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
-
StoryFind Films (formerly Reliant Studios) Film Production Television Studio
-
Third Rail Content Film Production Television Studio
-
Dashr - Motion Performance Systems (Bike/Boat/Book/etc) Store Corporate Office
-
Parse Software Development (Bike/Boat/Book/etc) Store Corporate Office
-
Presage Analytics (Bike/Boat/Book/etc) Store Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.45M
Blend (final)
Blend
$3.27M
Owner & transaction history
Ventre A Terre LLC · 19 yrs held
Ventre A Terre LLC
since 2007
7 recorded transactions
Zoning & alternative use
I1 · 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)
$3,975,000
Current use
Blend value · Realmo final
$3.27M
Range $2.94M – $3.60M · ±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
$108 / 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
$37,910
Tax year 2024
Assessed value
$2,121,100
Assessed 2024
Previous assessed
$2,014,400
+5.3% YoY
Effective rate
1.79%
On assessed value
Assessed land
$75,600
Assessed improvement
$2,045,500
Land market value
$75,600
Improvement market value
$2,045,500
Total market value
$2,121,100
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
1920
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
30,374 SF
Lot
0.58 ac (25,197 SF)
Zoning code
I1
APN
10-24-207-018-000
UPID
US57-1190201
Jurisdiction
LANCASTER
Zoning & alternative use
I1 · Lincoln, NE
Zoning I1 · permitted uses
I1 · 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
$4.0M
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
1920
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
0.58 ac
Current owner
From public records · entity-resolved
Ventre A Terre LLC
Entity
Mailing address
2124 Y ST, LINCOLN, NE 68503-2495
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 20, 2016
—
Ventre A Terre LLC
—
Deed
related
$2,400,000 · Oak Creek Vly Bk
May 23, 2007
$365,000
Ventre A Terre LLC
A-1 Ambassador Limousine INC
Corporation Deed
$550,000 · Oak Creek Valley Bank
Apr 12, 2004
—
A-1 Ambassador Limousine INC
Wagner,dennis W & Linda K
Quit Claim Deed
related
—
—
—
Ventre A Terre LLC
—
Deed Of Trust
related
$1,305,000 · Oak Creek Vly Bk
—
—
Ventre A Terre LLC
—
Deed Of Trust
related
$37,614 · Lincoln City (ne)
—
—
Ventre A Terre LLC
—
Deed Of Trust
related
$2,400,000 · Oak Creek Vly Bk
—
—
A-1 Ambassador Limousine INC
—
Deed Of Trust
related
$304,519 · Cornhusker Bank
—
—
A-1 Ambassador Limousine INC
—
Deed Of Trust
related
$249,905 · Cornhusker 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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