Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    4545 R St Lincoln, NE 68503-3799

    • Office properties & Spaces
    • 26,208 SF
    • 0.69 lot acres
    OFF-MARKET
    Value Estimations
    $4,690,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US57-0096839
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Sveen Melissa DDS / Dental Office
    • Mc Cracken Amy D / Physician
    • Kristin Mcquistan / Physician
    • Dr. Christopher Rife / Physician
    • Roth Michael P MD / Physician

    Property Details for 4545 R St

    Year built
    1998
    Lot size
    0.69 lot acres
    Property size
    26,208 SF
    Zone code
    O3
    Property type
    Office properties & Spaces
    APN
    17-20-319-001-000
    APU
    1720319001000

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $5,305,000
      6.5%
      $4,900,000
      7%
      $4,550,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $4,810,000
      Market price range: $2.39M - $4.81M
      AI Estimate
      $4,356,000
      Market price range: $1.28M - $4.36M

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $3,430,000
      Current use
      RETAIL STORES
      $5,565,000
      Change: +62% Conversion: Easy

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Lincoln
    County
    Lancaster
    State
    Nebraska
    Longitude
    -96.6567
    Latitude
    40.8166
    CBSA code
    30700
    CBSA name
    LINCOLN, NE METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $83,653
    $897,700
    $3,782,700
    $4,680,400
    -
    $897,700
    $3,782,700
    $4,680,400

    Comparable in this City

    • Value Estimation
      $26,670,000
      149,072 SF

      1921 R St

      OFFICE (GENERAL) • 149,072 SF
      1921 R St, Lincoln, NE 68503
      View Details
    • Value Estimation
      $3,270,000
      30,374 SF

      2124 Y St

      OFFICE (GENERAL) • 30,374 SF
      2124 Y St, Lincoln, NE 68503-2495
      View Details
    • Value Estimation
      $3,160,000
      17,676 SF

      2633 P St

      OFFICE (GENERAL) • 17,676 SF
      2633 P St, Lincoln, NE 68503-3528
      View Details
    • Value Estimation
      $6,700,000
      37,456 SF

      300 44th St

      OFFICE (GENERAL) • 37,456 SF
      300 44th St, Lincoln, NE 68503-3415
      View Details
    • Value Estimation
      $4,675,000
      26,127 SF

      501 46th St

      OFFICE (GENERAL) • 26,127 SF
      501 46th St, Lincoln, NE 68503-3718
      View Details
    • Value Estimation by Request
      1,944 SF

      3275 Holdrege St

      OFFICE (GENERAL) • 1,944 SF
      3275 Holdrege St, Lincoln, NE 68503-1546
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      13,820 SF

      Redevelopment Opportunity Near Downtown

      Redevelopment opportunity with B4 zoning near Telegraph district.
      1935 Q St, Lincoln, NE 68503
      View Details
    • Contact for pricing

      Lincoln Office Building For Sale

      Office building for sale in Lincoln, Nebraska.
      2000 P St, Lincoln, NE 68503
      View Details
    • $205,000

      Lincoln Duplex with Two Units

      Two-unit duplex in Lincoln, Nebraska featuring one and two-bedroom units.
      3210 Y St, Lincoln, NE 68503
      View Details
    • Contact for pricing

      Multifamily Property Near University of Nebraska

      12-unit property near University of Nebraska with flexible zoning.
      2039 Q St, Lincoln, NE 68503
      View Details
    • Contact for pricing

      Prime Lincoln Land for Development

      1.14 acres of H-2 zoned land in Lincoln, Nebraska.
      4501 Q St, Lincoln, NE 68503
      View Details
    • Contact for pricing
      3,337 SF

      Drive-Thru Restaurant Opportunity

      3,350 SF former restaurant with drive-thru on Vine St.
      4603 Vine St, Lincoln, NE 68503
      View Details

    Similar Nearby for Lease

    • $1,995 /Mo
      1,907 SF

      Historical Retail or Creative Space

      1907 SF retail or creative space with historical charm.
      427 N 33Rd St, Lincoln, NE 68503
      View Details
    • Contact for pricing

      Holdrege Street Commercial Space Available

      Commercial space for rent near UNL's East Campus.
      3535 Holdrege St, Lincoln, NE 68503
      View Details
    • Contact for pricing
      3,600 SF

      Retail Space in Wilderness Hills

      Class A retail space in south Lincoln's premier shopping destination.
      8600 S 30Th St, Lincoln, NE 68503
      View Details
    • Contact for pricing

      Industrial Flex Bays For Lease

      Industrial flex bays available for lease with flexible options.
      3515 N 25Th St, Lincoln, NE 68503
      View Details
    • Contact for pricing

      Micro Restaurant/Retail Bays For Rent

      Innovative mixed-use development with micro restaurant/retail bays for rent.
      335 N 23Rd St, Lincoln, NE 68503
      View Details
    • $9 SF/Yr
      3,000 SF

      Warehouse Space Near Cornhusker Hwy

      Warehouse space available August 2024, near Cornhusker Hwy and I-80.
      3545 N 25Th St, Lincoln, NE 68503
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4545 R St
    Lincoln, NE 68503-3799
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!