Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$740,000
Office buildings
209 Galvin N Rd Bellevue, NE 68005-4852
Entity Owned
13-yr Hold
Free & Clear
Property ID
US57-0244112
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2013
Construction
CONCRETE
Total area
3,406 SF
Lot
0.79 ac (34,327 SF)
Zoning code
1
APN
10919236
UPID
US57-0244112
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
-
Recyc-Abilities Waste Management Facility Hazardous Waste Disposal
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$790k
Comparable Approach
Comparable
$868k
Blend (final)
Blend
$740k
Owner & transaction history
C & C Management V LLC · 13 yrs held
C & C Management V LLC
since 2013
7 recorded transactions
Zoning & alternative use
1 · Bellevue, NE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
TABLE OF CONTENTS
Top alternative use upside
Neighborhood: shopping center
$820,000
+27.2%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$855,000
6.5%
$790,000
7%
$735,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$645,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$820,000
Change: +27% · Conversion: Difficult
Blend value · Realmo final
$740k
Range $666k – $814k · ±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
$217 / 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
$8,780
Tax year 2023
Assessed value
$415,800
Assessed 2023
Previous assessed
$415,800
+0.0% YoY
Effective rate
2.11%
On assessed value
Assessed land
$77,236
Assessed improvement
$338,564
Land market value
$77,236
Improvement market value
$338,564
Total market value
$415,800
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2013
Construction
CONCRETE
Heating
SPACE
Buildings
5
Stories
1
Units
1
Total area
3,406 SF
Lot
0.79 ac (34,327 SF)
Zoning code
1
APN
10919236
UPID
US57-0244112
Jurisdiction
SARPY
Zoning & alternative use
1 · Bellevue, NEZoning 1 · permitted uses
1 · Bellevue, NE
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
TABLE OF CONTENTS
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$645,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$820,000
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
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
2013
Construction
CONCRETE
Heating
SPACE
Stories
1
Buildings
5
Units
1
Lot
0.79 ac
Current owner
From public records · entity-resolved
C & C Management V LLC
Entity
Free & Clear · 13 yrs held
Mailing address
1506 GRV RD, BELLEVUE, NE 68005-4430
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 6, 2022
—
C&c Management V LLC
—
Deed
related
$509,797 · Commercial State Bank (andrews Tx
Jun 29, 2021
—
C&c Management V LLC
—
Deed
related
$700,000 · First Westroads Bank INC
Jun 27, 2013
—
C & C Management V LLC
C & C Management LLC
Quit Claim Deed
related
—
Aug 12, 2011
$190,000
C & C Management L L C
Clean Machine III L L C
Warranty Deed
$152,000 · First Westroads Bank INC
Sep 29, 2009
$143,000
Clean Machine III LLC
Safe Harbour Eat-xxvi
Quit Claim Deed
related
—
Feb 23, 2009
$113,000
Safe Harbour Eat-xxvi LLC
Jlb Investments LLC
Warranty Deed
—
Jun 5, 2000
—
Jeffrey A Ballenger
—
Grant Deed
related
$330,700 · American National Bank & Trust
—
—
Jeffrey A Ballenger
—
Deed Of Trust
related
$3,319,487 · American National Bank & Trust
—
—
Clean Machine III LLC
—
Deed Of Trust
related
$149,543 · Bankfirst
—
—
C & C Management LLC
—
Loan Modification
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.
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 209 Galvin N Rd?
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.
