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Property profile & analytics
OFF-MARKET
Individual retail properties
1104 Locust St Grand Island, NE 68801-6772
Individually Owned
9-yr Hold
Free & Clear
Property ID
US57-0278665
Property profile
Verified
Property type
Individual retail properties
Use group
BARBER, HAIR SALON
Year built
1951
Total area
1,040 SF
Lot
0.16 ac (7,084 SF)
Zoning code
03-COMMERCIAL
APN
400132079
UPID
US57-0278665
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
-
Renew U Massage with Jacy Alternative Medicine Practice Spa & Massage Center
-
HTR STUDIOS & Hair Therapist Hair Salon
-
POP LASH (By appointment only) Hair Salon Nail Salon
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
Michael Wagoner · 9 yrs held
Michael Wagoner
since 2017
5 recorded transactions
Zoning & alternative use
03-COMMERCIAL · Grand Island, 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 Grand Island submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Grand Island 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 2022Property tax & assessments
Tax year 2022
Tax billed
$2,719
Tax year 2022
Assessed value
$149,636
Assessed 2023
Previous assessed
$149,636
+0.0% YoY
Effective rate
1.82%
On assessed value
Assessed land
$26,565
Assessed improvement
$123,071
Land market value
$26,565
Improvement market value
$123,071
Total market value
$149,636
Applied tax rate
5.0000
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
Individual retail properties
Use group
BARBER, HAIR SALON
Status
Off-Market
Year built
1951
Heating
HEAT PUMP
Cooling
YES
Buildings
2
Stories
1
Total area
1,040 SF
Lot
0.16 ac (7,084 SF)
Zoning code
03-COMMERCIAL
APN
400132079
UPID
US57-0278665
Jurisdiction
HALL
Zoning & alternative use
03-COMMERCIAL · Grand Island, NEZoning 03-COMMERCIAL · permitted uses
03-COMMERCIAL · Grand Island, 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
1951
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Buildings
2
Lot
0.16 ac
Current owner
From public records · entity-resolved
Michael Wagoner
Individual
Free & Clear · 9 yrs held
Mailing address
PO BOX 74, PHILLIPS, NE 68865-0074
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 17, 2018
—
Michael R Wagoner
—
Grant Deed
related
$2,225,000 · Henderson Sts Bk
Mar 10, 2017
—
Michael Wagoner
Central Nebraska Props LLC
Warranty Deed
—
May 10, 2016
$130,000
Central Nebraska Properties Ll
Walton,katherine I & Albert D
Warranty Deed
—
Nov 21, 2011
$110,000
Katherine I Walton
Vowers,kathleen A & Russell C
Warranty Deed
related
$34,990 · Russell C & Kathleen A Vowers
—
—
Michael R Wagoner
—
Deed Of Trust
related
$200,000 · Pinnacle Bk
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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