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Property profile & analytics
OFF-MARKET
Office buildings
237 Burlington Ave Hastings, NE 68901-5032
Entity Owned
14-yr Hold
Free & Clear
Property ID
US57-0625928
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2013
Total area
3,465 SF
Lot
0.23 ac (10,019 SF)
Zoning code
COMMERCIAL
APN
10006164
UPID
US57-0625928
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
-
Hastings Rentals Real Estate Agency
-
Gateway Mortgage Loan Service Bank
-
Crystal Johnson - Gateway Mortgage Loan Service Bank
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
Ci Properties LLC · 14 yrs held
Ci Properties LLC
since 2011
4 recorded transactions
Zoning & alternative use
COMMERCIAL · Hastings, 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 Hastings submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hastings 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
$8,380
Tax year 2023
Assessed value
$406,116
Assessed 2023
Previous assessed
$406,116
+0.0% YoY
Effective rate
2.06%
On assessed value
Assessed land
$50,094
Assessed improvement
$356,022
Land market value
$50,094
Improvement market value
$356,022
Total market value
$406,116
Applied tax rate
284.0000
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
Stories
1
Total area
3,465 SF
Lot
0.23 ac (10,019 SF)
Zoning code
COMMERCIAL
APN
10006164
UPID
US57-0625928
Jurisdiction
ADAMS
Zoning & alternative use
COMMERCIAL · Hastings, NEZoning COMMERCIAL · permitted uses
COMMERCIAL · Hastings, NE
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2013
Stories
1
Lot
0.23 ac
Current owner
From public records · entity-resolved
Ci Properties LLC
Entity
Free & Clear · 14 yrs held
Mailing address
237 N BURLINGTON AVE, HASTINGS, NE 68901-5032
Ownership since
2011
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
Oct 28, 2021
—
Ci Properties LLC
—
Deed
related
$394,790 · Firstier Bank
Jun 1, 2016
—
Ci Properties LLC
—
Deed
related
$498,000 · Nebraskaland National Bank
Oct 20, 2011
$100,000
Ci Properties LLC
Bojas LLC
Warranty Deed
—
Jul 3, 2008
$100,000
Bojas LLC
James W Berck
Warranty Deed
$100,000 · Geneva 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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