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Property profile & analytics
OFF-MARKET
Office Spaces
1201 Park Dr, Hickman, NE 68372-1448
Individually Owned
Absentee Owner
~
Est. High Equity
Property ID
US57-0227501
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
2018
Total area
5,141 SF
Lot
1.19 ac (51,706 SF)
Zoning code
C2
APN
15-28-432-002-000
UPID
US57-0227501
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
Community Mfmorial Hospital Distric
Community Mfmorial Hospital Distric
since 2026
Last sale
$1.4M
7 recorded transactions
Zoning & alternative use
C2 · Hickman, 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 Hickman submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hickman 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 2024Property tax & assessments
Tax year 2024
Tax billed
$20,084
Tax year 2024
Assessed value
$1,011,300
Assessed 2024
Previous assessed
$943,900
+7.1% YoY
Effective rate
1.99%
On assessed value
Assessed land
$168,000
Assessed improvement
$843,300
Land market value
$168,000
Improvement market value
$843,300
Total market value
$1,011,300
Applied tax rate
72.0000
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
2018
Heating
YES
Cooling
YES
Units
1
Total area
5,141 SF
Lot
1.19 ac (51,706 SF)
Zoning code
C2
APN
15-28-432-002-000
UPID
US57-0227501
Jurisdiction
LANCASTER
Zoning & alternative use
C2 · Hickman, NE
Zoning C2 · permitted uses
C2 · Hickman, NE
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hickman. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2018
Heating
YES
Cooling
Yes
Units
1
Lot
1.19 ac
Current owner
From public records · entity-resolved
Community Mfmorial Hospital Distric
Individual
Mailing address
2300 CEDAR LK LN, FIRTH, NE 68358-7580
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
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
Jan 6, 2026
$1,400,000
Community Mfmorial Hospital Distric
Cedar Plains Properties LLC
Special Warranty Deed
—
Feb 4, 2022
—
Cedar Plains Properties LLC
—
Deed
related
$1,088,681 · Cornhusker Bank
Jun 26, 2019
—
Cedar Plains Properties LLC
—
Deed
related
$660,895 · Great Western Bank
Jun 25, 2019
—
Cedar Plains Properties LLC
—
Deed
related
$475,000 · Nebraska Economic Development Corporatio
Mar 8, 2019
—
Cedar Plains Properties LLC
—
Deed
related
$660,395 · Great Western Bank
May 9, 2017
—
Cedar Plains Properties LLC
—
Trustees Deed
related
$1,123,521 · Great Wstrn Bk
Apr 29, 2016
$176,000
Cedar Plains Properties LLC
Woodland Plaza LLC
Warranty Deed
$51,000 · Great Western 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.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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