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Property profile & analytics
OFF-MARKET
Estimated value
$965,000
Office buildings
204 Claude Rd Grand Island, NE 68803-4942
Entity Owned
4-yr Hold
Absentee Owner
Property ID
US57-0281299
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2015
Construction
STEEL FRAME
Total area
1,000 SF
Lot
1.03 ac (45,000 SF)
Zoning code
04-INDUSTRIAL
APN
400367785
UPID
US57-0281299
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
$980k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$597k
Blend (final)
Blend
$965k
Owner & transaction history
Starostka Lewis LLC · 4 yrs held
Starostka Lewis LLC
since 2022
Last sale
$965,000
4 recorded transactions
Zoning & alternative use
04-INDUSTRIAL · Grand Island, 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 Grand Island submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Grand Island 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
$960,000
ML approach
$980,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$965k
Range $869k – $1.06M · ±10% · vs last sale $965k (Jan 3 2022)
Last sale anchor
$965k
Jan 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
$965 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$14,136
Tax year 2022
Assessed value
$777,922
Assessed 2023
Previous assessed
$777,922
+0.0% YoY
Effective rate
1.82%
On assessed value
Assessed land
$90,792
Assessed improvement
$687,130
Land market value
$90,792
Improvement market value
$687,130
Total market value
$777,922
Applied tax rate
45.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2015
Construction
STEEL FRAME
Heating
FLOOR/WALL FURNACE
Buildings
4
Stories
1
Total area
1,000 SF
Lot
1.03 ac (45,000 SF)
Zoning code
04-INDUSTRIAL
APN
400367785
UPID
US57-0281299
Jurisdiction
HALL
Zoning & alternative use
04-INDUSTRIAL · Grand Island, NE
Zoning 04-INDUSTRIAL · permitted uses
04-INDUSTRIAL · Grand Island, NE
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Grand Island. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2015
Construction
STEEL FRAME
Heating
FLOOR/WALL FURNACE
Stories
1
Buildings
4
Lot
1.03 ac
Current owner
From public records · entity-resolved
Starostka Lewis LLC
Entity
Mailing address
429 INDUSTRIAL LN, GRAND ISLAND, NE 68803-5239
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 3, 2022
$965,000
Starostka Lewis LLC
John P Webb
Warranty Deed
—
Oct 26, 2020
—
John P Webb
—
Deed
related
$2,000,000 · Adams County Bank
May 11, 2016
—
John & Lisa Webb Trust
—
Deed
related
$600,000 · Adams County Bank
Mar 12, 2014
—
Webb,john & Lisa Trust
Webb,john P & Lisa L
Quit Claim Deed
related
—
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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