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Property profile & analytics
OFF-MARKET
Medical Office Space
111 2nd St, Kimball, NE 69145-1208
Entity Owned
Absentee Owner
Free & Clear
Property ID
US57-0885365
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1951
Construction
CONCRETE BLOCKS
Total area
2,880 SF
Lot
0.13 ac (5,520 SF)
Zoning code
03-COMMERCIAL
APN
530046636
UPID
US57-0885365
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
-
Dr. Ryan M. Behrend, D.C. Alternative Medicine Practice
-
Highpoint Spine & Joint Center PC Alternative Medicine Practice
-
Sportsman's Liquor (Bike/Boat/Book/etc) Store Wine and Liquor Store
-
Kimball High Plains Health LLC Medical Clinic
-
Jennifer Griebel Physician
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
BEHREND EQUITIES LLC
BEHREND EQUITIES LLC
Zoning & alternative use
03-COMMERCIAL · Kimball, 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 Kimball submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kimball 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
$2,473
Tax year 2023
Assessed value
$133,805
Assessed 2023
Previous assessed
$81,690
+63.8% YoY
Effective rate
1.85%
On assessed value
Assessed land
$5,520
Assessed improvement
$128,285
Land market value
$5,520
Improvement market value
$128,285
Total market value
$133,805
Applied tax rate
40.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1951
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
YES
Stories
1
Total area
2,880 SF
Lot
0.13 ac (5,520 SF)
Zoning code
03-COMMERCIAL
APN
530046636
UPID
US57-0885365
Jurisdiction
KIMBALL
Zoning & alternative use
03-COMMERCIAL · Kimball, NE
Zoning 03-COMMERCIAL · permitted uses
03-COMMERCIAL · Kimball, NE
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Kimball. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1951
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
Yes
Stories
1
Lot
0.13 ac
Current owner
From public records · entity-resolved
BEHREND EQUITIES LLC
Entity
Free & Clear · 0 yrs held
Mailing address
3645 RD 43RD E, KIMBALL, NE 69145-2011
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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