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Property profile & analytics
OFF-MARKET
Estimated value
$950,000
Auto shops
132 J St, Hastings, NE 68901-7087
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US57-0994690
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
2005
Total area
6,230 SF
Lot
1.78 ac (77,340 SF)
Zoning code
COMMERCIAL
APN
10015157
UPID
US57-0994690
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
-
Hastings Honda Car Dealership Motorcycle Shop
-
Honda Parts Auto Parts Store
-
HFX Honda Powersports Car Dealership Motorcycle Shop
-
Honda Service Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$970k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$872k
Blend (final)
Blend
$950k
Owner & transaction history
Hfx Motorsports LLC · 4 yrs held
Hfx Motorsports LLC
since 2022
Last sale
$950,000
1 recorded transaction
Zoning & alternative use
COMMERCIAL · Hastings, NE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$780,000
+28.3%
Commercial (general)
$765,000
+25.7%
Restaurant
$645,000
+6.2%
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 Hastings submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hastings 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
$945,000
ML approach
$970,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$610,000
Current use
OFFICE BUILDING
$780,000
Change: +28% · Conversion: Difficult
COMMERCIAL (GENERAL)
$765,000
Change: +26% · Conversion: Moderate
RESTAURANT
$645,000
Change: +6% · Conversion: Difficult
Blend value · Realmo final
$950k
Range $855k – $1.05M · ±10% · vs last sale $950k (Jun 16 2022)
Last sale anchor
$950k
Jun 16 2022
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
$152 / 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
$16,725
Tax year 2023
Assessed value
$810,559
Assessed 2023
Previous assessed
$810,559
+0.0% YoY
Effective rate
2.06%
On assessed value
Assessed land
$84,654
Assessed improvement
$725,905
Land market value
$84,654
Improvement market value
$725,905
Total market value
$810,559
Applied tax rate
284.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
2005
Buildings
3
Stories
1
Total area
6,230 SF
Lot
1.78 ac (77,340 SF)
Zoning code
COMMERCIAL
APN
10015157
UPID
US57-0994690
Jurisdiction
ADAMS
Zoning & alternative use
COMMERCIAL · Hastings, NE
Zoning COMMERCIAL · permitted uses
COMMERCIAL · Hastings, NE
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hastings. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$610,000
OFFICE BUILDING
Est. value
$780,000
COMMERCIAL (GENERAL)
Est. value
$765,000
RESTAURANT
Est. value
$645,000
AUTO REPAIR, GARAGE Current
OFFICE BUILDING
COMMERCIAL (GENERAL)
RESTAURANT
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2005
Stories
1
Buildings
3
Lot
1.78 ac
Current owner
From public records · entity-resolved
Hfx Motorsports LLC
Entity
Mailing address
132 E J ST, HASTINGS, NE 68901-7087
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 16, 2022
$950,000
Hfx Motorsports LLC
Hastings Power Sports LLC
Special Warranty Deed
$760,000 · Cogent 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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