New search
Property profile & analytics
OFF-MARKET
Office buildings
263 5th St, Syracuse, NE 68446-9499
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US57-0582140
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1900
Total area
680 SF
Lot
0.02 ac (871 SF)
Zoning code
COMMERCIAL
APN
2715000
UPID
US57-0582140
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
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
David Brian Carstens · 1 yrs held
David Brian Carstens
since 2024
Last sale
$8,150
5 recorded transactions
Zoning & alternative use
COMMERCIAL · Syracuse, 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 Syracuse submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Syracuse 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
$638
Tax year 2023
Assessed value
$33,030
Assessed 2023
Previous assessed
$27,730
+19.1% YoY
Effective rate
1.93%
On assessed value
Assessed land
$1,230
Assessed improvement
$31,800
Land market value
$1,230
Improvement market value
$31,800
Total market value
$33,030
Applied tax rate
490.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1900
Stories
1
Total area
680 SF
Lot
0.02 ac (871 SF)
Zoning code
COMMERCIAL
APN
2715000
UPID
US57-0582140
Jurisdiction
OTOE
Zoning & alternative use
COMMERCIAL · Syracuse, NE
Zoning COMMERCIAL · permitted uses
COMMERCIAL · Syracuse, NE
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Syracuse. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1900
Stories
1
Lot
0.02 ac
Current owner
From public records · entity-resolved
David Brian Carstens
Individual
Mailing address
263 5TH ST, SYRACUSE, NE 68446-9499
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 27, 2024
$115,000
David Brian Carstens
Jeremy Carstens
Warranty Deed
related
$300,000 · Countryside Bank
Jun 11, 2009
$8,150
Jeremy Wilhelm
Imogene Bro
Warranty Deed
—
Jun 11, 2009
—
Jeremy Wilhelm
John J Horan
Personal Representative Deed
—
Jun 2, 2009
—
Ernest Bro
Raymond Rosevelt
Warranty Deed
—
Jul 23, 2007
$10,000
Raymond Rosevelt
Ernest Bro
Warranty Deed
$10,000 · Ernest Bro Etux
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 263 5th St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
