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Property profile & analytics
OFF-MARKET
Office buildings
1110 Applewood Dr Papillion, NE 68046-5786
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US57-1176624
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1997
Construction
WOOD FRAME
Total area
925 SF
Lot
0.29 ac (12,570 SF)
APN
11590639
UPID
US57-1176624
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
Mpr LLC · 2 yrs held
Mpr LLC
since 2023
Last sale
$378,000
7 recorded transactions
Zoning & alternative use
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 Papillion submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Papillion 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
$4,678
Tax year 2023
Assessed value
$248,457
Assessed 2023
Previous assessed
$248,457
+0.0% YoY
Effective rate
1.88%
On assessed value
Assessed land
$56,565
Assessed improvement
$191,892
Land market value
$56,565
Improvement market value
$191,892
Total market value
$248,457
Applied tax rate
27,001.0000
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
1997
Construction
WOOD FRAME
Heating
SPACE
Buildings
2
Stories
1
Units
1
Total area
925 SF
Lot
0.29 ac (12,570 SF)
APN
11590639
UPID
US57-1176624
Jurisdiction
SARPY
Zoning & alternative use
Zoning · permitted uses
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
1997
Construction
WOOD FRAME
Heating
SPACE
Stories
1
Buildings
2
Units
1
Lot
0.29 ac
Current owner
From public records · entity-resolved
Mpr LLC
Entity
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 5, 2023
$378,000
Mpr LLC
Gary L Martin SR.
Warranty Deed
—
Dec 21, 2012
—
Gary L Martin SR.
Specpro INC
Warranty Deed
—
Jan 17, 2012
$160,000
Specpro INC
V & K LLC
Warranty Deed
—
Aug 20, 2004
$210,000
V & K LLC
Tilford Gerald T Trust
Warranty Deed
$209,250 · American National Bank & Trust
—
—
V & K LLC
—
Deed Of Trust
related
$135,141 · American National Bank & Trust
—
—
V & K LLC
—
Deed Of Trust
related
$105,000 · American National Bank & Trust
—
—
V & K LLC
—
Deed Of Trust
related
$27,385 · American National Bank & Trust
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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