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Property profile & analytics
OFF-MARKET
Flex space
103 1st St Battle Creek, NE 68715-4488
Entity Owned
5-yr Hold
Free & Clear
Property ID
US57-0675638
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1967
Construction
STEEL FRAME
Total area
4,400 SF
Lot
0.38 ac (16,368 SF)
Zoning code
COMMERCIAL
APN
590021524
UPID
US57-0675638
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
Schock Properties LLC · 5 yrs held
Schock Properties LLC
since 2021
Last sale
$45,000
4 recorded transactions
Zoning & alternative use
COMMERCIAL · Battle Creek, NE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Battle Creek submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Battle Creek 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
$793
Tax year 2023
Assessed value
$44,348
Assessed 2023
Previous assessed
$44,348
+0.0% YoY
Effective rate
1.79%
On assessed value
Assessed land
$10,044
Assessed improvement
$34,304
Land market value
$10,044
Improvement market value
$34,304
Total market value
$44,348
Applied tax rate
15.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1967
Construction
STEEL FRAME
Heating
RADIANT
Buildings
2
Stories
1
Total area
4,400 SF
Lot
0.38 ac (16,368 SF)
Zoning code
COMMERCIAL
APN
590021524
UPID
US57-0675638
Jurisdiction
MADISON
Zoning & alternative use
COMMERCIAL · Battle Creek, NE
Zoning COMMERCIAL · permitted uses
COMMERCIAL · Battle Creek, NE
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Battle Creek. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1967
Construction
STEEL FRAME
Heating
RADIANT
Stories
1
Buildings
2
Lot
0.38 ac
Current owner
From public records · entity-resolved
Schock Properties LLC
Entity
Free & Clear · 5 yrs held
Mailing address
806 NORD ST, NORFOLK, NE 68701-6852
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 10, 2025
—
Schocks Properties LLC
—
Deed
related
$74,981 · Stanton State Bank
Feb 25, 2021
—
Schock Properties LLC
Brandon Schock
Quit Claim Deed
related
—
Jan 5, 2021
$135,000
Brandon Schock
William J Klein
Warranty Deed
$85,000 · Elkhorn Valley Bank & Trust
Mar 27, 2007
$45,000
Bierman, Lyndon T & Susan J
Longe, Delbert M & Marsha K
Assessor Sales History
—
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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