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Property profile & analytics
OFF-MARKET
Estimated value
$795,000
Medical Office Space
4107 7th Ave Kearney, NE 68845-1312
Entity Owned
8-yr Hold
Property ID
US57-0846538
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2008
Total area
6,320 SF
Lot
1.14 ac (49,658 SF)
Zoning code
03-COMMERCIAL
APN
606534821
UPID
US57-0846538
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
-
Lind Optical Ophthalmologist (Bike/Boat/Book/etc) Store
-
Dr. Suzan Pae Physician Medical Clinic
-
Lind Diana M Do Ophthalmologist
-
Betsy A. Turk, OD Physician
-
Patrick L. Bierbower, OD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$703k
Blend (final)
Blend
$795k
Owner & transaction history
Lindustries LLC · 8 yrs held
Lindustries LLC
since 2018
1 recorded transaction
Zoning & alternative use
03-COMMERCIAL · Kearney, NE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$795,000
+50.4%
Warehouse, storage
$750,000
+42.1%
Commercial (general)
$675,000
+27.7%
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 Kearney submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kearney 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$530,000
Current use
RESTAURANT
$795,000
Change: +50% · Conversion: Difficult
WAREHOUSE, STORAGE
$750,000
Change: +42% · Conversion: Difficult
COMMERCIAL (GENERAL)
$675,000
Change: +28% · Conversion: Easy
RETAIL STORES
$575,000
Change: +9% · Conversion: Difficult
OFFICE BUILDING
$540,000
Change: +2% · Conversion: Easy
AUTO REPAIR, GARAGE
$525,000
Change: -1% · Conversion: Difficult
Blend value · Realmo final
$795k
Range $716k – $875k · ±10%
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
$126 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$29,813
Tax year 2023
Assessed value
$1,751,720
Assessed 2023
Previous assessed
$1,668,310
+5.0% YoY
Effective rate
1.70%
On assessed value
Assessed land
$143,400
Assessed improvement
$1,608,320
Land market value
$143,400
Improvement market value
$1,608,320
Total market value
$1,751,720
Applied tax rate
1,000.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2008
Buildings
2
Stories
1
Total area
6,320 SF
Lot
1.14 ac (49,658 SF)
Zoning code
03-COMMERCIAL
APN
606534821
UPID
US57-0846538
Jurisdiction
BUFFALO
Zoning & alternative use
03-COMMERCIAL · Kearney, NEZoning 03-COMMERCIAL · permitted uses
03-COMMERCIAL · Kearney, NE
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$530,000
RESTAURANT
Est. value
$795,000
WAREHOUSE, STORAGE
Est. value
$750,000
COMMERCIAL (GENERAL)
Est. value
$675,000
RETAIL STORES
Est. value
$575,000
OFFICE BUILDING
Est. value
$540,000
AUTO REPAIR, GARAGE
Est. value
$525,000
MEDICAL BUILDING Current
RESTAURANT
WAREHOUSE, STORAGE
COMMERCIAL (GENERAL)
RETAIL STORES
OFFICE BUILDING
AUTO REPAIR, GARAGE
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
2008
Stories
1
Buildings
2
Lot
1.14 ac
Current owner
From public records · entity-resolved
Lindustries LLC
Entity
Mailing address
4107 7TH AVE, KEARNEY, NE 68845-1312
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 17, 2018
—
Lindustries LLC
Zachary Lind
Warranty 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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