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Property profile & analytics
OFF-MARKET
Office buildings
218 Oakland Ave Oakland, NE 68045-1339
Individually Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US57-0642970
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1910
Total area
1,430 SF
Lot
0.06 ac (2,614 SF)
Zoning code
COMMERCIAL
APN
312805500
UPID
US57-0642970
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
-
Foundation Wealth Advisors - Ameriprise Financial Services, Inc. - Oakland Nebraska Financial Advisor
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Foundation Wealth Advisors - Ameriprise Financial Services, LLC Financial Advisor
-
Kyle Lechtenberg - Financial Advisor, Ameriprise Financial Services, LLC Financial Advisor
-
Peggy Miller - Financial Advisor, Ameriprise Financial Services, LLC Financial Advisor
-
Eric Luber - Private Wealth Advisor, Ameriprise Financial Services, LLC Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Kyle Lechtenberg · 3 yrs held
Kyle Lechtenberg
since 2023
Last sale
$70,000
1 recorded transaction
Zoning & alternative use
COMMERCIAL · Oakland, NE
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 Oakland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oakland 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$548
Tax year 2023
Assessed value
$27,727
Assessed 2023
Previous assessed
$29,134
-4.8% YoY
Effective rate
1.98%
On assessed value
Assessed land
$3,960
Assessed improvement
$23,767
Land market value
$3,960
Improvement market value
$23,767
Total market value
$27,727
Applied tax rate
500.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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 buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1910
Heating
FORCED AIR
Stories
1
Total area
1,430 SF
Lot
0.06 ac (2,614 SF)
Zoning code
COMMERCIAL
APN
312805500
UPID
US57-0642970
Jurisdiction
BURT
Zoning & alternative use
COMMERCIAL · Oakland, NEZoning COMMERCIAL · permitted uses
COMMERCIAL · Oakland, NE
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
MUNICIPAL CODE BOOK
Building & site characteristics
From public records
Year built
1910
Heating
FORCED AIR
Stories
1
Lot
0.06 ac
Current owner
From public records · entity-resolved
Kyle Lechtenberg
Individual
Free & Clear · 3 yrs held
Mailing address
1375 HWY 77, OAKLAND, NE 68045-5514
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
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
Jun 1, 2023
$70,000
Kyle Lechtenberg
Jeffrey R Troupe
Warranty Deed
—
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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