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Property profile & analytics
FOR SALE
Grocery and convenience stores
1230 N Washington St Papillion, NE 21202
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US57-0253714
For Sale
1 / 30
Contact for pricing
1230 N Washington St, Papillion, NE 21202
View Listing →
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1980
Construction
CONCRETE
Total area
60,005 SF
Lot
7.9 ac (344,053 SF)
APN
11583064
UPID
US57-0253714
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
$3.91M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.33M
Blend (final)
Blend
$3.95M
Owner & transaction history
Sky Sn Holdings LLC · 3 yrs held
Sky Sn Holdings LLC
since 2023
Last sale
$4.0M
5 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
Method
Estimation
Statistic approach
$3,900,000
ML approach
$3,905,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.95M
Range $3.56M – $4.35M · ±10% · vs last sale $4.00M (Jan 12 2023)
Last sale anchor
$4.00M
Jan 12 2023
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
$66 / 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
$74,564
Tax year 2023
Assessed value
$3,960,000
Assessed 2023
Previous assessed
$3,960,000
+0.0% YoY
Effective rate
1.88%
On assessed value
Assessed land
$1,376,212
Assessed improvement
$2,583,788
Land market value
$1,376,212
Improvement market value
$2,583,788
Total market value
$3,960,000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
For Sale
Year built
1980
Construction
CONCRETE
Heating
NONE
Buildings
3
Stories
1
Units
1
Total area
60,005 SF
Lot
7.9 ac (344,053 SF)
APN
11583064
UPID
US57-0253714
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
1980
Construction
CONCRETE
Heating
NONE
Stories
1
Buildings
3
Units
1
Lot
7.9 ac
Current owner
From public records · entity-resolved
Sky Sn Holdings LLC
Entity
Mailing address
1125 OCEAN AVE, LAKEWOOD, NJ 08701-4577
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 12, 2023
$4,000,000
Sky Sn Holdings LLC
Three K Realty LLC
Special Warranty Deed
$23,335 · United Texas Bank
Jul 8, 2008
—
Nf Foods LLC
—
Deed Of Trust
related
$13,000,000 · Richard Juro
Nov 2, 2004
$2,000,000
No Frills Realty LLC
Albertsons INC
Grant Deed
$4,880,000 · Wells Fargo Bank
—
—
Three K Realty LLC
—
Deed Of Trust
related
$3,307,555 · Wells Fargo Bank
—
—
Nf Foods LLC
—
Deed Of Trust
related
$21,000,000 · Nash Finch Co
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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