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Property profile & analytics
OFF-MARKET
Estimated value
$990,000
Residential income homes
413 Ash St Seward, NE 68434-2532
Entity Owned
3-yr Hold
Property ID
US57-0451754
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1890
Total area
12,000 SF
Lot
1.03 ac (44,867 SF)
Zoning code
COMMERCIAL
APN
800094603
UPID
US57-0451754
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
$1.02M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$631k
Blend (final)
Blend
$990k
Owner & transaction history
Happs Place LLC · 3 yrs held
Happs Place LLC
since 2023
Last sale
$975,000
2 recorded transactions
Zoning & alternative use
COMMERCIAL · Seward, NE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.6M
+94.6%
Auto repair, garage
$1.1M
+32.1%
Office building
$955,000
+18.7%
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 Seward submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Seward 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
$995,000
ML approach
$1,020,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$805,000
Current use
COMMERCIAL (GENERAL)
$1,565,000
Change: +95% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,065,000
Change: +32% · Conversion: Difficult
OFFICE BUILDING
$955,000
Change: +19% · Conversion: Moderate
RESTAURANT
$920,000
Change: +14% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$845,000
Change: +5% · Conversion: Difficult
WAREHOUSE, STORAGE
$780,000
Change: -3% · Conversion: Difficult
Blend value · Realmo final
$990k
Range $891k – $1.09M · ±10% · vs last sale $975k (Jan 10 2023)
Last sale anchor
$975k
Jan 10 2023
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
$83 / 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
$1,685
Tax year 2023
Assessed value
$115,853
Assessed 2023
Previous assessed
$115,853
+0.0% YoY
Effective rate
1.45%
On assessed value
Assessed land
$28,065
Assessed improvement
$87,788
Land market value
$28,065
Improvement market value
$87,788
Total market value
$115,853
Applied tax rate
5.0000
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
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
1890
Heating
NONE
Buildings
3
Stories
1
Units
1
Total area
12,000 SF
Lot
1.03 ac (44,867 SF)
Zoning code
COMMERCIAL
APN
800094603
UPID
US57-0451754
Jurisdiction
SEWARD
Zoning & alternative use
COMMERCIAL · Seward, NE
Zoning COMMERCIAL · permitted uses
COMMERCIAL · Seward, NE
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Seward. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$805,000
COMMERCIAL (GENERAL)
Est. value
$1.6M
AUTO REPAIR, GARAGE
Est. value
$1.1M
OFFICE BUILDING
Est. value
$955,000
RESTAURANT
Est. value
$920,000
INDUSTRIAL (GENERAL)
Est. value
$845,000
WAREHOUSE, STORAGE
Est. value
$780,000
APARTMENT HOUSE (5+ UNITS) Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
OFFICE BUILDING
RESTAURANT
INDUSTRIAL (GENERAL)
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
1890
Heating
NONE
Stories
1
Buildings
3
Units
1
Lot
1.03 ac
Current owner
From public records · entity-resolved
Happs Place LLC
Entity
Mailing address
747 O ST UNIT #100, LINCOLN, NE 68508-1553
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 10, 2023
$975,000
Happs Place LLC
Gregory L Mueller
Warranty Deed
$500,000 · Pinncacle Bank
Feb 6, 2018
$200,000
Gregory L Mueller
413 LLC
Warranty Deed
$328,665 · Cattle Bank & Trust
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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