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Property profile & analytics
OFF-MARKET
Estimated value
$1,570,000
Office buildings
421 Centennial Rd, Wayne, NE 68787
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US57-0738492
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1971
Total area
1,500 SF
Lot
0.69 ac (30,056 SF)
Zoning code
03-COMMERCIAL
APN
0002171.24
UPID
US57-0738492
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
-
Nebraska State-Dev Disabilities Social Service Agency Charitable Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.53M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.57M
Owner & transaction history
Wayne Dg 23395 LLC · 4 yrs held
Wayne Dg 23395 LLC
since 2022
Last sale
$1.6M
4 recorded transactions
Zoning & alternative use
03-COMMERCIAL · Wayne, 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 Wayne submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wayne 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
$1,565,000
ML approach
$1,525,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.57M
Range $1.41M – $1.73M · ±10% · vs last sale $1.58M (Jan 14 2022)
Last sale anchor
$1.58M
Jan 14 2022
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
$1,047 / 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
$1,912
Tax year 2023
Assessed value
$147,345
Assessed 2023
Previous assessed
$142,055
+3.7% YoY
Effective rate
1.30%
On assessed value
Assessed land
$22,540
Assessed improvement
$124,805
Land market value
$22,540
Improvement market value
$124,805
Total market value
$147,345
Applied tax rate
217.0000
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
1971
Stories
1
Total area
1,500 SF
Lot
0.69 ac (30,056 SF)
Zoning code
03-COMMERCIAL
APN
0002171.24
UPID
US57-0738492
Jurisdiction
WAYNE
Zoning & alternative use
03-COMMERCIAL · Wayne, NE
Zoning 03-COMMERCIAL · permitted uses
03-COMMERCIAL · Wayne, NE
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Wayne. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1971
Stories
1
Lot
0.69 ac
Current owner
From public records · entity-resolved
Wayne Dg 23395 LLC
Entity
Mailing address
420 W 8TH ST, WAYNE, NE 68787-1312
Ownership since
2022
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
Jan 14, 2022
$1,576,000
Wayne Dg 23395 LLC
Colby 2021 LLC
Special Warranty Deed
$1,181,600 · Community National Bank & Trust
Jan 14, 2022
—
Wayne Dg 23395 LLC
Colby 2021 LLC
Assignment Of Lease (leasehold Sale)
—
Aug 4, 2021
$199,000
Colby 2021 LLC
Kevin Koenig
Special Warranty Deed
$1,232,000 · Crossfirst Bank
Aug 7, 2019
$100,000
Kevin Koenig
Patrick Lyle Garvin
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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