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Property profile & analytics
OFF-MARKET
Commercial land
9600 40th St Lincoln, NE 68514
Entity Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US57-0355646
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
39.16 ac (1,705,940 SF)
Zoning code
AG
APN
18-20-300-001-000
UPID
US57-0355646
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Agate LLC · 6 yrs held
Agate LLC
since 2019
3 recorded transactions
Zoning & alternative use
AG · Lincoln, NE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
27.65.025 Permitted Density; Not Transferrable to AG or AGR Zoning Districts. 27.65.030 Procedures. 27.65.050 Requirements After Approval. 27.65.060 Community Unit Plan Amendments. 27.65.065 Clarification During Review. 27.65.070 Form of Community Unit Plan in the R-1 through R-8 Zoning Districts and AG and AGR Zoning Districts Not Within BTA Overlay Distric…
Zone name
Agriculture District
General category
AGRICULTURAL
Zone area
108,885.88 ac
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$21,642
Tax year 2023
Assessed value
$1,279,500
Assessed 2023
Previous assessed
$1,279,500
+0.0% YoY
Effective rate
1.69%
On assessed value
Assessed land
$1,279,500
Land market value
$1,279,500
Total market value
$1,279,500
Applied tax rate
230.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Lot
39.16 ac (1,705,940 SF)
Zoning code
AG
APN
18-20-300-001-000
UPID
US57-0355646
Jurisdiction
LANCASTER
Zoning & alternative use
AG · Lincoln, NEZoning AG · permitted uses
AG · Lincoln, NE
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
27.65.025 Permitted Density; Not Transferrable to AG or AGR Zoning Districts. 27.65.030 Procedures. 27.65.050 Requirements After Approval. 27.65.060 Community Unit Plan Amendments. 27.65.065 Clarification During Review. 27.65.070 Form of Community Unit Plan in the R-1 through R-8 Zoning Districts and AG and AGR Zoning Districts Not Within BTA Overlay District. 27.65.075 Form of Community Unit Plan in the BTA Overlay District. 27.65.080 Design Standards; Density. 27.65.090 Parking.
Zone name
Agriculture District
General category
AGRICULTURAL
Zone area
108,885.88 ac
Building & site characteristics
From public records
Heating
NONE
Lot
39.16 ac
Current owner
From public records · entity-resolved
Agate LLC
Entity
Free & Clear · 6 yrs held
Mailing address
2801 CENTERVILLE RD, WILMINGTON, DE 19808-1609
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 30, 2019
$450,000
Agate LLC
Dove Eldine L Living Trust
Grant Deed
—
Oct 30, 2019
$1,005,000
Agate LLC
Shields W J & N E L/tr
Grant Deed
—
Sep 11, 2019
—
Barbara L Frohlich
Dove Lloyd E Trust
Quit Claim Deed
related
—
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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