Sign Up Successful!
You now have access to more from Realmo!
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

    Sec 10, NE

    • Office buildings
    • 1,026 SF
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US57-0949529
    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

    • Office buildings

    Property Details for 3709

    Year built
    1980
    Property size
    1,026 SF
    Zone code
    INDUSTRIAL
    Property type
    Office buildings
    APN
    2161500
    APU
    2161500

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Sec 10
    County
    Otoe
    State
    Nebraska
    Longitude
    -95.8356
    Latitude
    40.6693

    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
    2023
    $4,145
    $18,120
    $230,790
    $248,910
    -
    $18,120
    $230,790
    $248,910

    Comparable in this City

    • Value Estimation by Request
      680 SF

      Ant-1, NE

      OFFICE BUILDING • 680 SF
      Ant-1, NE
      View Details
    • Value Estimation by Request
      2,292 SF

      Centech Rd, NE

      OFFICE BUILDING • 2,292 SF
      Centech Rd, NE
      View Details
    • Value Estimation by Request
      1,152 SF

      15104 Highway

      OFFICE BUILDING • 1,152 SF
      15104 Highway, 50, NE
      View Details
    • Value Estimation by Request
      840 SF

      W

      OFFICE BUILDING • 840 SF
      W, Old Potash Hwy, NE
      View Details
    • Value Estimation by Request
      910 SF

      150371 Cr 6

      OFFICE BUILDING • 910 SF
      150371 Cr 6, 6, NE
      View Details
    • Value Estimation
      $5,515,000
      41,235 SF

      Werner Way, NE

      OFFICE BUILDING • 41,235 SF
      Werner Way, NE
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      30,000 SF

      Single-Tenant Cargill Office Building

      Single-tenant office building occupied by Cargill with long-term lease.
      1705 Kellie Dr, Blair, NE
      View Details
    • $863,100

      Banner County Grassland Tract

      959.3± acre grassland near Harrisburg, Nebraska.
      88 Rr Hwy, Harrisburg, NE
      View Details
    • $1,200,000

      9.98 Acres Development Opportunity

      9.98 acres available for development near War Horse Casino.
      6900 Schmidt Ct, Lincoln, NE
      View Details
    • $1,335,598

      Commercial Land Near Interstate I-80

      Land available for retail, office, restaurants, and service businesses.
      Southport Pkwy & Giles Rd, La Vista, NE
      View Details
    • Contact for pricing

      Land with Lake Views

      Accessible land ideal for restaurant or cafe with lake views.
      13100 Newport Lndg Cir, Bennington, NE
      View Details
    • $2,565,000

      57 Acres Agricultural Land Opportunity

      57 acres of AG-zoned land with easy access.
      2910 Gilmore Rd, Bellevue, NE
      View Details

    Similar Nearby for Lease

    • $25 SF/Yr
      2,500 SF

      Office Space Near Fire Fox

      New office space available in growing commercial area.
      8621 Maddox Dr, Lincoln, NE
      View Details
    • Contact for pricing
      2,060 SF

      Corner Office Space in Platte

      Office space with reception area and dedicated parking.
      202-212 N Dewey St N, Platte, NE
      View Details
    • $7 SF/Yr
      3,461 SF

      Former Hotel Office Space Available

      Office space available in a former hotel near Lincoln Airport.
      12th NW St, Lincoln, NE
      View Details
    • $22 SF/Yr
      2,038 SF

      Creative Office Space Available

      Energetic work environment for creative professionals, 500-5,000 SF suites.
      1209-1241 Millwork Ave, Omaha, NE
      View Details
    • $28 SF/Yr
      3,600 SF

      Modern Medical Office Space Available

      New construction, customizable medical space with high visibility.
      7301 Plz Ct, Lincoln, NE
      View Details
    • Contact for pricing
      5,179 SF

      Downtown Commercial Space Available

      5,179 SF commercial space in downtown North Platte.
      301 N Bailey Ave N, Platte, NE
      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.
    Sec 10, NE
    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.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.