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Property profile & analytics
FOR SALE
Retail space
1701 Galvin Rd S Bellevue, NE 68005
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US57-0218935
For Sale
1 / 10
$4,384,452
1701 Galvin Rd S, Bellevue, NE 68005
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2010
Construction
WOOD FRAME
Total area
13,331 SF
Lot
2.29 ac (99,600 SF)
Zoning code
1
APN
11591956
UPID
US57-0218935
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
-
CVS Photo (Bike/Boat/Book/etc) Store
-
ATM (CVS in store) Atm
-
CDReload - Online Bitcoin ATM Atm Money Transfer Service
-
LibertyX Bitcoin ATM Atm
-
Buy Bitcoin Crypto Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.97M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.33M
Owner & transaction history
Van Tils Real Estate LLC · 4 yrs held
Van Tils Real Estate LLC
since 2022
Last sale
$6.7M
6 recorded transactions
Zoning & alternative use
1 · Bellevue, NE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$5.7M
+215.8%
Commercial (general)
$5.0M
+176.1%
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 Bellevue submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bellevue 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
$5,965,000
ML approach
$5,965,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$5,665,000
Change: +216% · Conversion: Easy
COMMERCIAL (GENERAL)
$4,955,000
Change: +176% · Conversion: Easy
Blend value · Realmo final
$6.33M
Range $5.69M – $6.96M · ±10% · vs last sale $6.68M (Mar 3 2022)
Last sale anchor
$6.68M
Mar 3 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
$474 / 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
$45,399
Tax year 2023
Assessed value
$2,150,000
Assessed 2023
Previous assessed
$2,150,000
+0.0% YoY
Effective rate
2.11%
On assessed value
Assessed land
$547,800
Assessed improvement
$1,602,200
Land market value
$547,800
Improvement market value
$1,602,200
Total market value
$2,150,000
Applied tax rate
10,002.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Sale
Year built
2010
Construction
WOOD FRAME
Heating
PACKAGE
Stories
1
Units
1
Total area
13,331 SF
Lot
2.29 ac (99,600 SF)
Zoning code
1
APN
11591956
UPID
US57-0218935
Jurisdiction
SARPY
Zoning & alternative use
1 · Bellevue, NE
Zoning 1 · permitted uses
1 · Bellevue, NE
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bellevue. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$5.7M
COMMERCIAL (GENERAL)
Est. value
$5.0M
RESTAURANT
COMMERCIAL (GENERAL)
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
2010
Construction
WOOD FRAME
Heating
PACKAGE
Stories
1
Units
1
Lot
2.29 ac
Current owner
From public records · entity-resolved
Van Tils Real Estate LLC
Entity
Mailing address
2635 169TH ST, HAMMOND, IN 46323-1507
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 21, 2022
—
Van Til S Real Estate LLC
—
Deed
related
$2,000,000 · Centier Bank
Mar 3, 2022
$6,682,000
Van Tils Real Estate LLC
Scp 2011 C37 026 LLC
Limited Warranty Deed
—
Jan 13, 2012
$4,420,000
Scp 2011-c37-026 LLC
Nebraska Cvs Pharmacy L L C
Special Warranty Deed
—
Mar 9, 2010
$884,000
Nebraska Cvs Pharmacy LLC
Rion LLC
Warranty Deed
—
Jun 8, 1998
$525,000
Vincent J Morrissey
Cnl Income Fund Vi Ltd
Grant Deed
$600,000 · Security National Bank
—
—
Rion LLC
—
Deed Of Trust
related
$4,976,700 · General Electric Capital Corp
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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