Individually Owned 
For Sale
1 / 27
$149,900
407 Howard Ave, St Paul, NE 68873
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Property summary
AI-generated overview
The property is a remodeled residential-classified building located on Main Street in St Paul, Nebraska, within a commercial district. It has a total floor area of 1,400 square feet and is positioned near the Civic Center (approximately half a block away) and across the street from the Phonograph Herald & Howard-Greeley Public Power. The building is configured with up to four office rooms plus a reception room, a kitchen area equipped with a refrigerator and stove, a 3/4 bathroom, and a large storage room that includes washer/dryer hookups. It also includes a large garage with a workbench and storage. The roof is described as being in near-new condition. The property is laid out in a way that supports office or business uses, with potential for a main-level apartment or short-term rental-type use subject to future city regulatory changes.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1959
Total area
728 SF
Lot
0.07 ac (3,016 SF)
Zoning code
03-COMMERCIAL
APN
470994130
UPID
US57-0578783
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$100k
Owner & transaction history
since 2024
Last sale
$30,000
2 recorded transactions
Zoning & alternative use
03-COMMERCIAL · Saint Paul, NE
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$100k
Value range
$90k – $110k
±10% around blend
Estimated value / SF
$137 / SF
Confidence
Property data
100
Comparable evidence
60
$90k
blend $100k
$110k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
728 SF
Lot area
0.07 ac
Year built
1959
Stories
1
APN
470994130
Zoning
03-COMMERCIAL
Assessed value
$20,057
Annual tax
$356
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$100k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$30k
Move the market yield to see immediate price impact.
Value / SF
$41
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$2k
$38k
$27k
$21k
$2k
$42k
$30k
$23k
$2k
$46k
$33k
$26k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$356
Tax year 2023
Assessed value
$20,057
Assessed 2023
Previous assessed
$20,057
+0.0% YoY
Effective rate
1.77%
On assessed value
Assessed land
$2,564
Assessed improvement
$17,493
Land market value
$2,564
Improvement market value
$17,493
Total market value
$20,057
Applied tax rate
1.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Sale
Year built
1959
Buildings
2
Stories
1
Total area
728 SF
Lot
0.07 ac (3,016 SF)
Zoning code
03-COMMERCIAL
APN
470994130
UPID
US57-0578783
Jurisdiction
HOWARD
Zoning & alternative use
03-COMMERCIAL · Saint Paul, NEZoning 03-COMMERCIAL · permitted uses
03-COMMERCIAL · Saint Paul, NE
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1959
Stories
1
Buildings
2
Lot
0.07 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
03-COMMERCIAL
Jurisdiction
Saint Paul, NE
Recorded code
03-COMMERCIAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for 03-COMMERCIAL in Saint Paul, NE.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 30 · 300 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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?”
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