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Property profile & analytics
OFF-MARKET
Turn key restaurants
153 Main St, Springfield, NE 68059
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US57-1170581
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1905
Construction
CONCRETE BLOCKS
Total area
1,519 SF
Lot
0.07 ac (2,904 SF)
Zoning code
1
APN
10350179
UPID
US57-1170581
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
-
Sweet Rice Thai Food Express Restaurant
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
Advantage Invs Prop LLC · 7 yrs held
Advantage Invs Prop LLC
since 2018
4 recorded transactions
Zoning & alternative use
1 · Springfield, 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 Springfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Springfield 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
$1,165
Tax year 2023
Assessed value
$72,260
Assessed 2023
Previous assessed
$72,260
+0.0% YoY
Effective rate
1.61%
On assessed value
Assessed land
$13,068
Assessed improvement
$59,192
Land market value
$13,068
Improvement market value
$59,192
Total market value
$72,260
Applied tax rate
46,064.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1905
Construction
CONCRETE BLOCKS
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
1
Total area
1,519 SF
Lot
0.07 ac (2,904 SF)
Zoning code
1
APN
10350179
UPID
US57-1170581
Jurisdiction
SARPY
Zoning & alternative use
1 · Springfield, NE
Zoning 1 · permitted uses
1 · Springfield, NE
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Springfield. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1905
Construction
CONCRETE BLOCKS
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
1
Lot
0.07 ac
Current owner
From public records · entity-resolved
Advantage Invs Prop LLC
Entity
Mailing address
PO BOX 311, SPRINGFIELD, NE 68059-0311
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
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
Aug 1, 2018
$78,000
Advantage Invs Prop LLC
Gassman,clarence P & Kathleen L
Warranty Deed
—
Apr 4, 2007
$63,000
Clarence Peter Gassman
Robert Dudley
Warranty Deed
$40,232 · First Westroads Bank INC
—
—
Clarence P Gassman
—
Deed Of Trust
related
$32,620 · Equitable Bank
—
—
Robert Dudley
—
Deed Of Trust
related
$32,000 · Springfield State 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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