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Property profile & analytics
OFF-MARKET
Estimated value
$2,280,000
Medical Office Space
220 Leota St North Platte, NE 69101-6293
Entity Owned
5-yr Hold
Free & Clear
Property ID
US57-0877870
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1983
Total area
10,192 SF
Lot
0.76 ac (33,162 SF)
Zoning code
COMMERCIAL
APN
0010790.00
UPID
US57-0877870
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
-
Nokelby Bryan MD Pediatrician Physician
-
Cheryl A. Hunt, APRN Physician
-
Twin Rivers Urgent Care Medical Clinic
-
Mcadam Jillenne S Employment Agency
-
Great Plains Urgent Care Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.30M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.28M
Owner & transaction history
North Platte Nebraska Hospital Corp · 5 yrs held
North Platte Nebraska Hospital Corp
since 2021
Last sale
$2.3M
3 recorded transactions
Zoning & alternative use
COMMERCIAL · North Platte, NE
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 North Platte submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North Platte 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
$2,600,000
ML approach
$2,300,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.28M
Range $2.05M – $2.51M · ±10% · vs last sale $2.27M (May 17 2021)
Last sale anchor
$2.27M
May 17 2021
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
$224 / 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
$20,290
Tax year 2023
Assessed value
$1,112,725
Assessed 2023
Previous assessed
$1,112,725
+0.0% YoY
Effective rate
1.82%
On assessed value
Assessed land
$139,743
Assessed improvement
$972,982
Land market value
$139,743
Improvement market value
$972,982
Total market value
$1,112,725
Applied tax rate
3.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1983
Buildings
2
Stories
1
Total area
10,192 SF
Lot
0.76 ac (33,162 SF)
Zoning code
COMMERCIAL
APN
0010790.00
UPID
US57-0877870
Jurisdiction
LINCOLN
Zoning & alternative use
COMMERCIAL · North Platte, NEZoning COMMERCIAL · permitted uses
COMMERCIAL · North Platte, NE
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
CHAPTER 156: ZONING
Building & site characteristics
From public records
Year built
1983
Stories
1
Buildings
2
Lot
0.76 ac
Current owner
From public records · entity-resolved
North Platte Nebraska Hospital Corp
Entity
Free & Clear · 5 yrs held
Mailing address
601 W LEOTA ST, NORTH PLATTE, NE 69101-6525
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 17, 2021
$2,271,000
North Platte Nebraska Hospital Corp
Cedar Canyon LLC
Warranty Deed
—
Oct 20, 2017
—
Cedar Canyon LLC
—
Deed
related
$500,000 · Exchange Bank
Nov 4, 2005
$842,000
Cadar Canyon LLC
Reuben C Setliff III
Warranty Deed
$826,639 · Nebraska National 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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