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Property profile & analytics
OFF-MARKET
Estimated value
$1,985,000
Community centers
2802 Plum Crk Pkwy Lexington, NE 68850-5611
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US57-0648159
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
2013
Total area
9,660 SF
Lot
1 ac (43,560 SF)
Zoning code
03-COMMERCIAL
APN
240217847
UPID
US57-0648159
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
-
Alex's Tow Truck Auto Repair Shop
-
Jasmin Nails & Hair Nail Salon
-
Hibbett Sports Clothing & Fashion Store (Bike/Boat/Book/etc) Store
-
Wireless World - Verizon Authorized Retailer Mobile Phone Store Electronics & Wireless Store
-
Johnson Lake Properties Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.09M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.99M
Owner & transaction history
Sanav Lexington Holdings LLC · 5 yrs held
Sanav Lexington Holdings LLC
since 2021
Last sale
$1.9M
2 recorded transactions
Zoning & alternative use
03-COMMERCIAL · Lexington, 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 Lexington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lexington 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
$2,130,000
ML approach
$2,090,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,310,000
Change: 0% · Conversion: Moderate
Blend value · Realmo final
$1.99M
Range $1.79M – $2.18M · ±10% · vs last sale $1.86M (Feb 22 2021)
Last sale anchor
$1.86M
Feb 22 2021
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
$205 / 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
$19,669
Tax year 2023
Assessed value
$1,176,685
Assessed 2023
Previous assessed
$1,032,255
+14.0% YoY
Effective rate
1.67%
On assessed value
Assessed land
$19,865
Assessed improvement
$1,156,820
Land market value
$19,865
Improvement market value
$1,156,820
Total market value
$1,176,685
Applied tax rate
944.0000
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
2013
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Total area
9,660 SF
Lot
1 ac (43,560 SF)
Zoning code
03-COMMERCIAL
APN
240217847
UPID
US57-0648159
Jurisdiction
DAWSON
Zoning & alternative use
03-COMMERCIAL · Lexington, NEZoning 03-COMMERCIAL · permitted uses
03-COMMERCIAL · Lexington, NE
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$1.3M
OFFICE BUILDING
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
2013
Heating
YES
Cooling
Yes
Stories
1
Lot
1 ac
Current owner
From public records · entity-resolved
Sanav Lexington Holdings LLC
Entity
Mailing address
8274 MERCATO CT, WEST DES MOINES, IA 50266-8006
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 22, 2021
$1,860,000
Sanav Lexington Holdings LLC
Lexington Development Group LLC
Special Warranty Deed
$2,400,000 · Farmers State Bank
Nov 5, 2013
$189,050
Lexington Developments Group LLC
Community Developments Agency Of Le
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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