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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
304 Washington St Papillion, NE 68046-2440
Entity Owned
21-yr Hold
~
Est. High Equity
Property ID
US57-0004513
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1996
Construction
CONCRETE
Total area
3,866 SF
Lot
0.53 ac (23,150 SF)
APN
10585435
UPID
US57-0004513
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
Kb & Sons INC · 21 yrs held
Kb & Sons INC
since 2005
7 recorded transactions
Zoning & alternative use
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 Papillion submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Papillion 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
$15,223
Tax year 2023
Assessed value
$808,479
Assessed 2023
Previous assessed
$808,479
+0.0% YoY
Effective rate
1.88%
On assessed value
Assessed land
$104,175
Assessed improvement
$704,304
Land market value
$104,175
Improvement market value
$704,304
Total market value
$808,479
Applied tax rate
27,001.0000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1996
Construction
CONCRETE
Heating
PACKAGE
Buildings
2
Stories
1
Total area
3,866 SF
Lot
0.53 ac (23,150 SF)
APN
10585435
UPID
US57-0004513
Jurisdiction
SARPY
Zoning & alternative use
Zoning · permitted uses
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
1996
Construction
CONCRETE
Heating
PACKAGE
Stories
1
Buildings
2
Lot
0.53 ac
Current owner
From public records · entity-resolved
Kb & Sons INC
Entity
Mailing address
16262 CALIFORNIA ST, OMAHA, NE 68118-2508
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 20, 2025
—
Kb & Sons INC
—
Deed
related
$250,000 · Enterprise Bank
Jan 12, 2023
—
Kb & Sons INC
—
Deed
related
$522,500 · Enterprise Bank
Jul 21, 2022
—
Kb & Sons INC
—
Deed
related
$350,000 · Enterprise Bank
May 24, 2017
—
Kb & Sons INC
—
Deed
related
$708,894 · Enterprise Bk
Jun 6, 2005
$1,300,000
Kb & Sons INC
Fantasys INC
Warranty Deed
$50,000 · Gateway Community Bank
Jan 2, 2002
—
Fantasys INC
Papillion Fantasys LLC
Quit Claim Deed
related
—
—
—
Kb & Sons INC
—
Loan Modification
related
$75,000 · Enterprise Bk
—
—
Kb & Sons INC
—
Deed Of Trust
related
$900,000 · Enterprise Bank
—
—
Kbs Food Shop
—
Deed Of Trust
related
$1,050,000 · Mutual Of Omaha Bank
—
—
Fantasys INC
—
Deed Of Trust
related
$2,905,000 · Great Western Bank
—
—
Kb & Sons INC
—
Loan Modification
related
$708,894 · Enterprise Bk
—
—
Fantasys INC
—
Deed Of Trust
related
$500,000 · Great Western 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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