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Property profile & analytics
OFF-MARKET
Estimated value
$600,000
Office buildings
1104 Grundman Blvd Nebraska City, NE 68410-3397
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US57-0867641
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2003
Total area
3,600 SF
Lot
1.07 ac (46,609 SF)
Zoning code
COMMERCIAL
APN
999554283
UPID
US57-0867641
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
-
Nebraska City Physical Therapy Medical Clinic
-
Trevor Bollinger Physician
-
Susan Benton Physician
-
Tess Crotty Physician
-
Tina Smith Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$395k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$804k
Blend (final)
Blend
$600k
Owner & transaction history
Nebraska Brothersmith LLC · 3 yrs held
Nebraska Brothersmith LLC
since 2023
3 recorded transactions
Zoning & alternative use
COMMERCIAL · Nebraska City, 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 Nebraska City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Nebraska City 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
$395,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$600k
Range $540k – $660k · ±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
$167 / 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
$19,938
Tax year 2023
Assessed value
$930,548
Assessed 2023
Previous assessed
$799,070
+16.5% YoY
Effective rate
2.14%
On assessed value
Assessed land
$141,680
Assessed improvement
$788,868
Land market value
$141,680
Improvement market value
$788,868
Total market value
$930,548
Applied tax rate
20.0000
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 buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2003
Buildings
5
Stories
1
Total area
3,600 SF
Lot
1.07 ac (46,609 SF)
Zoning code
COMMERCIAL
APN
999554283
UPID
US57-0867641
Jurisdiction
OTOE
Zoning & alternative use
COMMERCIAL · Nebraska City, NEZoning COMMERCIAL · permitted uses
COMMERCIAL · Nebraska City, NE
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2003
Stories
1
Buildings
5
Lot
1.07 ac
Current owner
From public records · entity-resolved
Nebraska Brothersmith LLC
Entity
Free & Clear · 3 yrs held
Mailing address
9701 HOLW TREE DR, LINCOLN, NE 68512-9537
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
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
Jan 9, 2023
—
Nebraska Brothersmith LLC
Brothersmith LLC
Quitclaim Deed
related
—
Mar 1, 2019
$503,000
Brothersmith LLC
John G Wright
Warranty Deed
$243,962 · Cattle Bank & Trust
Jan 9, 2017
—
Steve Maynard
—
Deed
related
$68,680 · Hawthorn Bank
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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