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Property profile & analytics
OFF-MARKET
Retail space
303 High St Cairo, NE 68824-2717
Individually Owned
8-yr Hold
Free & Clear
Property ID
US57-0319273
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1963
Total area
3,500 SF
Lot
0.16 ac (7,000 SF)
Zoning code
03-COMMERCIAL
APN
400170256
UPID
US57-0319273
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
-
Stretch Powersports Car Dealership Motorcycle Shop
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
Carissa Stretch · 8 yrs held
Carissa Stretch
since 2017
3 recorded transactions
Zoning & alternative use
03-COMMERCIAL · Cairo, 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 Cairo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cairo 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 2022Property tax & assessments
Tax year 2022
Tax billed
$1,702
Tax year 2022
Assessed value
$89,785
Assessed 2023
Previous assessed
$89,785
+0.0% YoY
Effective rate
1.90%
On assessed value
Assessed land
$10,500
Assessed improvement
$79,285
Land market value
$10,500
Improvement market value
$79,285
Total market value
$89,785
Applied tax rate
70.0000
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
1963
Heating
HEAT PUMP
Cooling
YES
Buildings
3
Stories
1
Total area
3,500 SF
Lot
0.16 ac (7,000 SF)
Zoning code
03-COMMERCIAL
APN
400170256
UPID
US57-0319273
Jurisdiction
HALL
Zoning & alternative use
03-COMMERCIAL · Cairo, NEZoning 03-COMMERCIAL · permitted uses
03-COMMERCIAL · Cairo, 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
1963
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Buildings
3
Lot
0.16 ac
Current owner
From public records · entity-resolved
Carissa Stretch
Individual
Free & Clear · 8 yrs held
Mailing address
204 E KANSAS ST, CAIRO, NE 68824-9472
Ownership since
2017
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
Oct 31, 2022
—
Robert J Stretch
—
Deed
related
$100,000 · Pathway Bank
Aug 16, 2017
—
Carissa Stretch
Sorensen,walter C & Laura J
Warranty Deed
related
—
Sep 8, 2009
$34,000
Walter C Sorensen
Schweitzer,aaron & Amanda
Warranty Deed
related
$31,000 · Pathway Bk
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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