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Property profile & analytics
OFF-MARKET
Warehouses
2512 12th St Columbus, NE 68601-5757
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US57-0969670
Property summary
AI-generated overview
This single-story, 5,148-square-foot flex space in downtown Columbus, Nebraska, is priced to sell at $199,000. Built in 1900 and 1960, the property boasts a convenient storefront location with alley access, providing ample space for loading and unloading. The building features three large bay doors, perfect for various business needs. With a General Commercial zoning permit, the possibilities are numerous. The property sits on a 7,956-square-foot lot and includes eight parking spaces, a combination of on-street parking and dedicated stalls accessible via the alley. This Class C industrial building presents a unique opportunity for entrepreneurs and investors alike. The asking price of $38.66 per square foot reflects a compelling value in the Columbus market. This is an exceptional chance to acquire a well-located, versatile commercial property with significant potential. The property's location in Platte County, Nebraska, zip code 68601, offers easy access to local amenities and transportation routes.
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1900
Total area
1,914 SF
Lot
0.07 ac (2,904 SF)
Zoning code
03-COMMERCIAL
APN
710002345
UPID
US57-0969670
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
-
Midwest Glass Services Inc Auto Repair Shop (Bike/Boat/Book/etc) Store
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
Mad Fitness LLC · 1 yrs held
Mad Fitness LLC
since 2024
Last sale
$180,000
2 recorded transactions
Zoning & alternative use
03-COMMERCIAL · Columbus, 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 Columbus submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Columbus 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
$1,617
Tax year 2023
Assessed value
$94,400
Assessed 2023
Previous assessed
$88,845
+6.3% YoY
Effective rate
1.71%
On assessed value
Assessed land
$23,870
Assessed improvement
$70,530
Land market value
$23,870
Improvement market value
$70,530
Total market value
$94,400
Applied tax rate
1.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1900
Heating
NONE
Cooling
NONE
Buildings
4
Stories
1
Total area
1,914 SF
Lot
0.07 ac (2,904 SF)
Zoning code
03-COMMERCIAL
APN
710002345
UPID
US57-0969670
Jurisdiction
PLATTE
Zoning & alternative use
03-COMMERCIAL · Columbus, NEZoning 03-COMMERCIAL · permitted uses
03-COMMERCIAL · Columbus, NE
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Land Development Ordinance
Building & site characteristics
From public records
Year built
1900
Heating
NONE
Cooling
Yes
Stories
1
Buildings
4
Lot
0.07 ac
Current owner
From public records · entity-resolved
Mad Fitness LLC
Entity
Mailing address
2769 46TH AVE, COLUMBUS, NE 68601-2150
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 6, 2024
$180,000
Mad Fitness LLC
Michael T Brandt
Warranty Deed
$110,000 · Bankfirst
Dec 22, 2017
$34,667
Michael T Brandt
Daniel D Nebuda
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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