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Property profile & analytics
OFF-MARKET
Estimated value
$4,810,000
Warehouses
Cornhusker Rd Gretna, NE 68028
Entity Owned
27-yr Hold
Free & Clear
Property ID
US57-0100313
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1980
Construction
STEEL FRAME
Total area
30,000 SF
Lot
8.75 ac (381,057 SF)
APN
10982094
UPID
US57-0100313
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
$4.01M
Comparable Approach
Comparable
$5.93M
Blend (final)
Blend
$4.81M
Owner & transaction history
Paycap Associates LP · 27 yrs held
Paycap Associates LP
since 1999
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$7.2M
+88.4%
Office building
$5.7M
+48.2%
Retail stores
$4.0M
+5.2%
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 Gretna submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gretna 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%
$4,345,000
6.5%
$4,010,000
7%
$3,720,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$3,840,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$7,230,000
Change: +88% · Conversion: Moderate
OFFICE BUILDING
$5,685,000
Change: +48% · Conversion: Difficult
RETAIL STORES
$4,040,000
Change: +5% · Conversion: Moderate
Blend value · Realmo final
$4.81M
Range $4.33M – $5.29M · ±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
$160 / 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
$246,173
Tax year 2023
Assessed value
$11,658,234
Assessed 2023
Previous assessed
$11,658,234
+0.0% YoY
Effective rate
2.11%
On assessed value
Assessed land
$1,333,700
Assessed improvement
$10,324,534
Land market value
$1,333,700
Improvement market value
$10,324,534
Total market value
$11,658,234
Applied tax rate
10,002.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1980
Construction
STEEL FRAME
Heating
SPACE
Buildings
11
Stories
1
Total area
30,000 SF
Lot
8.75 ac (381,057 SF)
APN
10982094
UPID
US57-0100313
Jurisdiction
SARPY
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$3.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$7.2M
OFFICE BUILDING
Est. value
$5.7M
RETAIL STORES
Est. value
$4.0M
WAREHOUSE, STORAGE Current
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
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
1980
Construction
STEEL FRAME
Heating
SPACE
Stories
1
Buildings
11
Lot
8.75 ac
Current owner
From public records · entity-resolved
Paycap Associates LP
Entity
Free & Clear · 27 yrs held
Mailing address
PO BOX 31310, OMAHA, NE 68131-0310
Ownership since
1999
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 9, 2007
—
Cornhusker Road LLC
—
Trustees Deed
related
$7,300,000 · Great Western Bank
Mar 28, 2006
—
Cornhusker Road LLC
—
Trustees Deed
related
$4,800,000 · Great Western Bank
Apr 2, 1999
$1,096,000
Paycap Associates LP
Jabar Realty Corp
Quit Claim Deed
related
—
—
—
Cornhusker Road LLC
—
Deed Of Trust
related
$1,322,000 · Jon C Bruning
—
—
Cornhusker Road LLC
—
Deed Of Trust
related
$1,885,355 · Great Wstrn Bk
—
—
Cornhusker Road LLC
—
Deed Of Trust
related
$2,162,570 · Teambank NA
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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