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Property profile & analytics
OFF-MARKET
Estimated value
$1,830,000
Auto shops
3721 Us Hwy 2nd 2 Grand Island, NE 68803-1211
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US57-0284912
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1964
Construction
STEEL FRAME
Total area
20,860 SF
Lot
5.24 ac (228,254 SF)
Zoning code
03-COMMERCIAL
APN
400149516
UPID
US57-0284912
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
$1.79M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.83M
Owner & transaction history
Bvv Exchange LLC · 1 yrs held
Bvv Exchange LLC
since 2025
Last sale
$1.9M
4 recorded transactions
Zoning & alternative use
03-COMMERCIAL · Grand Island, NE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$2.2M
+15.0%
Restaurant
$2.1M
+8.2%
Apartment house (5+ units)
$2.0M
+3.9%
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 Grand Island submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Grand Island 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
Method
Estimation
Statistic approach
$1,660,000
ML approach
$1,790,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$1,900,000
Current use
RETAIL STORES
$2,185,000
Change: +15% · Conversion: Difficult
RESTAURANT
$2,060,000
Change: +8% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,975,000
Change: +4% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,740,000
Change: -9% · Conversion: Easy
Blend value · Realmo final
$1.83M
Range $1.65M – $2.01M · ±10% · vs last sale $1.94M (Jan 6 2025)
Last sale anchor
$1.94M
Jan 6 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$88 / SF
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
$13,368
Tax year 2022
Assessed value
$735,642
Assessed 2023
Previous assessed
$735,642
+0.0% YoY
Effective rate
1.82%
On assessed value
Assessed land
$178,637
Assessed improvement
$557,005
Land market value
$178,637
Improvement market value
$557,005
Total market value
$735,642
Applied tax rate
40.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1964
Construction
STEEL FRAME
Heating
HOT WATER
Buildings
3
Stories
1
Total area
20,860 SF
Lot
5.24 ac (228,254 SF)
Zoning code
03-COMMERCIAL
APN
400149516
UPID
US57-0284912
Jurisdiction
HALL
Zoning & alternative use
03-COMMERCIAL · Grand Island, NE
Zoning 03-COMMERCIAL · permitted uses
03-COMMERCIAL · Grand Island, NE
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Grand Island. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$1.9M
RETAIL STORES
Est. value
$2.2M
RESTAURANT
Est. value
$2.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.0M
WAREHOUSE, STORAGE
Est. value
$1.7M
AUTO REPAIR, GARAGE Current
RETAIL STORES
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1964
Construction
STEEL FRAME
Heating
HOT WATER
Stories
1
Buildings
3
Lot
5.24 ac
Current owner
From public records · entity-resolved
Bvv Exchange LLC
Entity
Mailing address
3721 W US HWY 2ND 2, GRAND ISLAND, NE 68803-1211
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
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
Feb 20, 2026
—
Ebc Obeamiller LLC
—
Deed
related
$600,358 · Five Points Bank
Jan 6, 2025
$1,940,000
Bvv Exchange LLC
Titan Machinory INC
Warranty Deed
$1,950,396 · Five Points Bank
May 11, 2022
—
Titan Machinery INC
—
Deed
related
$2,100,000 · First International Bank & Trust
Oct 23, 2006
$800,000
Sjt Properties LLC
Toner,rose A
Grant 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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