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Property profile & analytics
OFF-MARKET
Estimated value
$2,880,000
Industrial properties
4700 48th St, Lincoln, NE 68504-1455
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US57-0175254
Property summary
AI-generated overview
This exceptional 10,000-square-foot warehouse space is ideally situated at 4700 N 48th Street in Lincoln, Nebraska, within Lancaster County. The property, built in 1983, offers a single available unit perfect for a variety of industrial uses. Its zoning classification is I-1, ensuring compatibility with a range of businesses. The building is categorized as industrial, with a warehouse subtype and multiple tenancy. This presents a unique opportunity for businesses seeking flexible and adaptable space. The lease rate is $6.50 NNN, making it a cost-effective option for businesses looking to establish or expand their operations in Lincoln. The property's location in Lincoln, NE, zip code 68504, provides convenient access to major transportation routes and a thriving business community. This warehouse boasts ample space for storage, distribution, or light manufacturing, making it a versatile option for various industrial needs. Interested parties are encouraged to inquire for further details and scheduling a viewing. The property is ready for immediate occupancy.
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1983
Total area
40,300 SF
Lot
3.49 ac (151,937 SF)
Zoning code
I1
APN
17-05-408-002-000
UPID
US57-0175254
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
-
WSM Industries Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.60M
Blend (final)
Blend
$2.88M
Owner & transaction history
Lpr LLC · 4 yrs held
Lpr LLC
since 2022
7 recorded transactions
Zoning & alternative use
I1 · Lincoln, NE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$4.6M
+42.3%
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
INDUSTRIAL (GENERAL)
$3,235,000
Current use
COMMERCIAL (GENERAL)
$4,600,000
Change: +42% · Conversion: Difficult
Blend value · Realmo final
$2.88M
Range $2.59M – $3.17M · ±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
$71 / 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
$43,308
Tax year 2024
Assessed value
$2,423,100
Assessed 2024
Previous assessed
$2,257,500
+7.3% YoY
Effective rate
1.79%
On assessed value
Assessed land
$569,800
Assessed improvement
$1,853,300
Land market value
$569,800
Improvement market value
$1,853,300
Total market value
$2,423,100
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1983
Heating
SPACE
Cooling
YES
Stories
1
Units
1
Total area
40,300 SF
Lot
3.49 ac (151,937 SF)
Zoning code
I1
APN
17-05-408-002-000
UPID
US57-0175254
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
INDUSTRIAL (GENERAL) Current
Est. value
$3.2M
COMMERCIAL (GENERAL)
Est. value
$4.6M
INDUSTRIAL (GENERAL) Current
COMMERCIAL (GENERAL)
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
1983
Heating
SPACE
Cooling
Yes
Stories
1
Units
1
Lot
3.49 ac
Current owner
From public records · entity-resolved
Lpr LLC
Entity
Mailing address
300 N 44TH ST STE #112, LINCOLN, NE 68503-3415
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 14, 2022
—
Lpr LLC
—
Deed
related
$150,636 · Security First Bank
Feb 22, 2022
—
Lpr LLC
—
Deed
related
$2,507,431 · Security First Bank
Jan 3, 2022
—
Lpr LLC
Yf Properties LLC
Quit Claim Deed
related
—
Jan 3, 2018
—
Yf Properties LLC
—
Deed
related
$500,000 · Security First Bk-lincoln
Jan 8, 1999
$608,000
Yf Properties LLC
Aoa Property LLC
Quit Claim Deed
related
—
—
—
Yf Properties LLC
—
Deed Of Trust
related
$1,009,132 · Security First Bank
—
—
Yf Properties LLC
—
Deed Of Trust
related
$105,000 · Security Fsb
—
—
Yf Properties LLC
—
Deed Of Trust
related
$500,000 · Security First Bk-lincoln
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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