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Property profile & analytics
OFF-MARKET
Medical Office Space
424 Grand Ave, Burwell, NE 68823-4152
Entity Owned
Free & Clear
Property ID
US57-0975694
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1972
Construction
BRICK
Total area
1,375 SF
Lot
0.06 ac (2,614 SF)
Zoning code
COMMERCIAL
APN
116400
UPID
US57-0975694
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
-
Burwell Dental Clinic Dental Office
-
Dr. Richard L. Pedersen, DDS Dental Office
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
BURWELL DENTAL CLINIC P C
BURWELL DENTAL CLINIC P C
Zoning & alternative use
COMMERCIAL · Burwell, NE
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 Burwell submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Burwell 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
$1,747
Tax year 2023
Assessed value
$81,261
Assessed 2023
Previous assessed
$64,485
+26.0% YoY
Effective rate
2.15%
On assessed value
Assessed land
$3,125
Assessed improvement
$78,136
Land market value
$3,125
Improvement market value
$78,136
Total market value
$81,261
Applied tax rate
325.0000
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
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
1972
Construction
BRICK
Stories
1
Units
1
Total area
1,375 SF
Lot
0.06 ac (2,614 SF)
Zoning code
COMMERCIAL
APN
116400
UPID
US57-0975694
Jurisdiction
GARFIELD
Zoning & alternative use
COMMERCIAL · Burwell, NE
Zoning COMMERCIAL · permitted uses
COMMERCIAL · Burwell, NE
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Burwell. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1972
Construction
BRICK
Stories
1
Units
1
Lot
0.06 ac
Current owner
From public records · entity-resolved
BURWELL DENTAL CLINIC P C
Individual
Free & Clear · 0 yrs held
Mailing address
PO BOX 369, BURWELL, NE 68823-0369
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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