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Property profile & analytics
OFF-MARKET
Estimated value
$605,000
Strip malls
11855 216th St Gretna, NE 68028-5993
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US57-0245572
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1990
Construction
WOOD FRAME
Total area
6,300 SF
Lot
0.98 ac (42,783 SF)
APN
11589641
UPID
US57-0245572
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
-
Lincoln/Omaha Hypnosis Center Alternative Medicine Practice
-
Amigos/Kings Classic Take-out & Catering Catering Service
-
Langdon's Bar & Grill Bar & Pub Restaurant
-
Kinnan-Scaping LLC Landscaping General Contractor
-
Gretna Sanitation Waste Management Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$520k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$605k
Owner & transaction history
Polished Properties LLC · 5 yrs held
Polished Properties LLC
since 2021
Last sale
$650,000
6 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 Gretna submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gretna 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
$610,000
ML approach
$520,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$605k
Range $545k – $666k · ±10% · vs last sale $650k (Jul 13 2021)
Last sale anchor
$650k
Jul 13 2021
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
$96 / 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
$15,640
Tax year 2023
Assessed value
$727,650
Assessed 2023
Previous assessed
$727,650
+0.0% YoY
Effective rate
2.15%
On assessed value
Assessed land
$267,394
Assessed improvement
$460,256
Land market value
$267,394
Improvement market value
$460,256
Total market value
$727,650
Applied tax rate
37,001.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1990
Construction
WOOD FRAME
Heating
NONE
Stories
1
Total area
6,300 SF
Lot
0.98 ac (42,783 SF)
APN
11589641
UPID
US57-0245572
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
1990
Construction
WOOD FRAME
Heating
NONE
Stories
1
Lot
0.98 ac
Current owner
From public records · entity-resolved
Polished Properties LLC
Entity
Mailing address
19580 W HWY 31, SPRINGFIELD, NE 68059-7213
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 13, 2021
$650,000
Polished Properties LLC
South Pointe Properties LLC
Warranty Deed
$1,400,000 · First State Bank
Jun 28, 2018
—
South Pointe Properties LLC
—
Deed
related
$975,600 · American Nat'l Bk
Aug 31, 2017
—
South Pointe Properties LLC
—
Trustees Deed
related
$747,000 · American Nat'l Bk
Mar 14, 2003
$118,000
South Pointe Properties LLC
Vandenbroucke,linda M & John
Grant Deed
—
Nov 28, 2001
$260,000
Linda M Vandenbroucke
Cockerill,frank R & Mary C
Grant Deed
—
—
—
South Pointe Properties LLC
—
Loan Modification
related
$975,600 · American Nat'l 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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