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Property profile & analytics
OFF-MARKET
Estimated value
$820,000
Office Spaces
6140 Vlg Dr Lincoln, NE 68516-3520
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US57-0205136
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1991
Total area
4,681 SF
Lot
0.15 ac (6,561 SF)
Zoning code
O3
APN
16-18-212-006-000
UPID
US57-0205136
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
-
Christensen Hearing Analytics Hearing Aid Store
-
Pinnacle Wealth Management Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$820k
CAP Approach
CAP
$875k
Comparable Approach
Comparable
$730k
Blend (final)
Blend
$820k
Owner & transaction history
Jral LLC · 1 yrs held
Jral LLC
since 2024
Last sale
$820,000
7 recorded transactions
Zoning & alternative use
O3 · Lincoln, NE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$995,000
+39.8%
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
$820,000
ML approach
$820,000
CAP Approach
CAP Return
Estimation
6%
$950,000
6.5%
$875,000
7%
$810,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$710,000
Current use
RETAIL STORES
$995,000
Change: +40% · Conversion: Easy
Blend value · Realmo final
$820k
Range $738k – $902k · ±10% · vs last sale $820k (Aug 22 2024)
Last sale anchor
$820k
Aug 22 2024
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
$175 / 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
$12,148
Tax year 2024
Assessed value
$679,700
Assessed 2024
Previous assessed
$637,200
+6.7% YoY
Effective rate
1.79%
On assessed value
Assessed land
$206,700
Assessed improvement
$473,000
Land market value
$206,700
Improvement market value
$473,000
Total market value
$679,700
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1991
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
4,681 SF
Lot
0.15 ac (6,561 SF)
Zoning code
O3
APN
16-18-212-006-000
UPID
US57-0205136
Jurisdiction
LANCASTER
Zoning & alternative use
O3 · Lincoln, NE
Zoning O3 · permitted uses
O3 · 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
COMMERCIAL (GENERAL) Current
Est. value
$710,000
RETAIL STORES
Est. value
$995,000
COMMERCIAL (GENERAL) Current
RETAIL STORES
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
1991
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
0.15 ac
Current owner
From public records · entity-resolved
Jral LLC
Entity
Mailing address
2855 S 70TH ST STE 200TH LINCOLN
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
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
Aug 22, 2024
$820,000
Jral LLC
Jwad LLC
Warranty Deed
$400,000 · Jwad LLC
Mar 31, 2020
—
Jwad LLC
—
Deed
related
$410,949 · Midwest Bk
Jan 12, 2018
—
Jwad LLC
—
Deed
related
$511,250 · Midwest Bk
Oct 29, 2015
$500,000
Jwad LLC
Aliano INC
Warranty Deed
—
Apr 8, 2005
—
Aliano INC
—
Trustees Deed
related
$410,000 · Union Bank & Trust
—
—
Jwad LLC
—
Loan Modification
related
$410,949 · Midwest Bk
—
—
Aliano INC
—
Deed Of Trust
related
$50,000 · Union Bank & Trust
—
—
Jwad LLC
—
Loan Modification
related
$511,250 · Midwest Bk
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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