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Property profile & analytics
OFF-MARKET
Estimated value
$270,000
Retail space
220 Main St Hallam, NE 68368-7811
Individually Owned
13-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US57-0197322
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2004
Total area
2,728 SF
Lot
0.09 ac (4,000 SF)
Zoning code
H3
APN
07-30-407-006-000
UPID
US57-0197322
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
-
Hallam Steakhouse Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$270k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$270k
Owner & transaction history
Patrick A Neff · 13 yrs held
Patrick A Neff
since 2013
7 recorded transactions
Zoning & alternative use
H3 · Hallam, 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 Hallam submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hallam 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
$270,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$270k
Range $243k – $297k · ±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
$99 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$2,423
Tax year 2024
Assessed value
$124,200
Assessed 2024
Previous assessed
$124,200
+0.0% YoY
Effective rate
1.95%
On assessed value
Assessed land
$6,000
Assessed improvement
$118,200
Land market value
$6,000
Improvement market value
$118,200
Total market value
$124,200
Applied tax rate
99.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2004
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
2,728 SF
Lot
0.09 ac (4,000 SF)
Zoning code
H3
APN
07-30-407-006-000
UPID
US57-0197322
Jurisdiction
LANCASTER
Zoning & alternative use
H3 · Hallam, NEZoning H3 · permitted uses
H3 · Hallam, NE
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Chapter 11 Zoning
Building & site characteristics
From public records
Year built
2004
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
0.09 ac
Current owner
From public records · entity-resolved
Patrick A Neff
Individual
Mailing address
539 W KEATING CIR, LINCOLN, NE 68521-3845
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 13, 2013
$135,000
Patrick A Neff
Hallam Steakhouse & Bar LLC
Grant Deed
—
Dec 1, 2011
$50,000
Hallam Steakhouse & Bar LLC
89 INC
Warranty Deed
—
Mar 4, 2008
$95,000
89 INC
Heier,timothy & Marci M
Warranty Deed
$65,181 · First State Bank
Feb 20, 2008
$14,000
89 INC
Severin,dale D & Geneva I
Warranty Deed
$22,157 · First State Bank
Nov 2, 2000
$45,000
Allen D Tuma
Vocasek,laurie G & Gary A
Grant Deed
$80,000 · Saline State Bank
—
—
89 INC
—
Deed Of Trust
related
$65,181 · First State Bank
—
—
Marci M Heier
—
Deed Of Trust
related
$26,162 · Saline State 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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