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Property profile & analytics
OFF-MARKET
Estimated value
$300,000
Hotels
1404 Rodeo Rd North Platte, NE 69101-7216
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US57-0554571
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1962
Total area
7,972 SF
Lot
0.4 ac (17,359 SF)
Zoning code
COMMERCIAL
APN
0017690.00
UPID
US57-0554571
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
$300k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$300k
Owner & transaction history
Danlex Property Group LLC · 1 yrs held
Danlex Property Group LLC
since 2025
7 recorded transactions
Zoning & alternative use
COMMERCIAL · North Platte, 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 North Platte submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North Platte 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
by Request
ML approach
$300,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$300k
Range $270k – $330k · ±10%
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
$38 / 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
$4,349
Tax year 2023
Assessed value
$238,512
Assessed 2023
Previous assessed
$238,512
+0.0% YoY
Effective rate
1.82%
On assessed value
Assessed land
$34,718
Assessed improvement
$203,794
Land market value
$34,718
Improvement market value
$203,794
Total market value
$238,512
Applied tax rate
3.0000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1962
Heating
HEAT PUMP
Stories
1
Units
28
Total area
7,972 SF
Lot
0.4 ac (17,359 SF)
Zoning code
COMMERCIAL
APN
0017690.00
UPID
US57-0554571
Jurisdiction
LINCOLN
Zoning & alternative use
COMMERCIAL · North Platte, NEZoning COMMERCIAL · permitted uses
COMMERCIAL · North Platte, NE
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
CHAPTER 156: ZONING
Building & site characteristics
From public records
Year built
1962
Heating
HEAT PUMP
Stories
1
Units
28
Lot
0.4 ac
Current owner
From public records · entity-resolved
Danlex Property Group LLC
Entity
Mailing address
1360 WOLFF ST, DENVER, CO 80204-1105
Ownership since
2025
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
Apr 18, 2025
$500,000
Danlex Property Group LLC
Curley 2397 LLC
Warranty Deed
—
Sep 5, 2017
$296,000
Jim Curley
David S Hawley
Special Warranty Deed
—
May 2, 2012
$200,000
David S Hawley
Myron E Walker
Joint Tenancy Deed
related
—
Apr 7, 2010
$80,000
Myron E Walker
Ib Property Holdings LLC
Special Warranty Deed
$80,878 · Farmers State Bank
Jan 26, 2009
—
Ib Property Holdings LLC
Alex D Choe
Trustees Deed
related
—
Oct 29, 2008
$212,500
Ib Property LLC
Alex D Choe
Trustees Deed
related
—
May 8, 2007
$208,500
Alex D Choe
Seung Kye Jung
Warranty Deed
$186,000 · Interbay Fundin L;c
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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