Back to Search
Property profile & analytics
OFF-MARKET
Commercial land
13600 238th St Greenwood, NE 68366-1606
Entity Owned
2-yr Hold
Property ID
US57-0370302
Property summary
AI-generated overview
This exceptional commercial-zoned land parcel presents a unique investment opportunity. Situated directly on Interstate 80 in Greenwood, Nebraska, this property boasts excellent frontage and unparalleled visibility to a high volume of daily traffic. Its strategic location between Lincoln and Omaha offers convenient access to two major Nebraska metropolitan areas, making it an ideal site for a diverse range of businesses. The property encompasses a substantial area, ranging from approximately 1.71 to 9.94 acres, providing ample space for development. The permitted zoning is commercial, allowing for a variety of potential uses. This prime location, combined with its significant size and convenient access to major transportation routes, makes this land a highly attractive prospect for businesses seeking a strategic presence in the heart of Nebraska's thriving commercial corridor. The property is in Cass County, Nebraska, with a Greenwood address and zip code 68366. Contact for pricing and further details.
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Total area
1,749 SF
Lot
2.81 ac (122,404 SF)
Zoning code
03-COMMERCIAL
APN
130103055
UPID
US57-0370302
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
Ng Real Estate LLC · 2 yrs held
Ng Real Estate LLC
since 2024
Last sale
$450,000
4 recorded transactions
Zoning & alternative use
03-COMMERCIAL · Greenwood, NE
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 Greenwood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Greenwood 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
$2,018
Tax year 2023
Assessed value
$152,703
Assessed 2023
Previous assessed
$152,703
+0.0% YoY
Effective rate
1.32%
On assessed value
Assessed land
$152,703
Land market value
$152,703
Total market value
$152,703
Applied tax rate
550.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Total area
1,749 SF
Lot
2.81 ac (122,404 SF)
Zoning code
03-COMMERCIAL
APN
130103055
UPID
US57-0370302
Jurisdiction
CASS
Zoning & alternative use
03-COMMERCIAL · Greenwood, NEZoning 03-COMMERCIAL · permitted uses
03-COMMERCIAL · Greenwood, NE
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Zoning Map - Greenwood, NE
Building & site characteristics
From public records
Heating
NONE
Lot
2.81 ac
Current owner
From public records · entity-resolved
Ng Real Estate LLC
Entity
Mailing address
PO BOX 82887, LINCOLN, NE 68501-2887
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 13, 2024
—
Ng Real Estates LLC
—
Deed
related
$35,000,000 · Riverstone Bank
May 10, 2024
—
Ng Real Estate LLC
Ngre Greenwood LLC
Quit Claim Deed
related
—
Oct 29, 2018
$450,000
Ngre Greenwood LLC
Lorand Ltd
Warranty Deed
$375,000 · Frontier Bank
May 23, 2007
$190,000
Lorand Ltd
Design Homes INC
Assessor Sales History
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 13600 238th St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
