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Property profile & analytics
OFF-MARKET
Commercial real estate
216 7th St Wayne, NE 68787-2213
Entity Owned
9-yr Hold
Free & Clear
Property ID
US57-0823184
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2006
Total area
3,291 SF
Lot
0.69 ac (30,000 SF)
Zoning code
03-COMMERCIAL
APN
0004422.00
UPID
US57-0823184
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
-
U-Save Pharmacy Pharmacy
-
Health Mart Pharmacy
-
Mark Patefield Pharmacy
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
Patefield Property Associates L L C · 9 yrs held
Patefield Property Associates L L C
since 2017
4 recorded transactions
Zoning & alternative use
03-COMMERCIAL · Wayne, 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 Wayne submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wayne 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
$7,133
Tax year 2023
Assessed value
$419,350
Assessed 2023
Previous assessed
$404,255
+3.7% YoY
Effective rate
1.70%
On assessed value
Assessed land
$60,000
Assessed improvement
$359,350
Land market value
$60,000
Improvement market value
$359,350
Total market value
$419,350
Applied tax rate
617.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2006
Heating
YES
Cooling
YES
Stories
1
Total area
3,291 SF
Lot
0.69 ac (30,000 SF)
Zoning code
03-COMMERCIAL
APN
0004422.00
UPID
US57-0823184
Jurisdiction
WAYNE
Zoning & alternative use
03-COMMERCIAL · Wayne, NE
Zoning 03-COMMERCIAL · permitted uses
03-COMMERCIAL · Wayne, NE
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Wayne. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2006
Heating
YES
Cooling
Yes
Stories
1
Lot
0.69 ac
Current owner
From public records · entity-resolved
Patefield Property Associates L L C
Entity
Free & Clear · 9 yrs held
Mailing address
201 E 2ND ST, LAUREL, NE 68745-1989
Ownership since
2017
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
Mar 9, 2022
—
Patefield Property Associates LLC
—
Deed
related
$870,000 · Citizens State Bank
Jun 30, 2017
$855,000
Patefield Property Associates L L C
Pharmacy Properties L L C
Warranty Deed
—
Apr 13, 2016
$357,000
Pharmacy Properties L L C
Pharmacy Holdings L L C
Quit Claim Deed
related
—
Dec 17, 2012
$60,000
Pharmacy Holdings LLC
Pharmacy Properties LLC
Warranty Deed
—
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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