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Property profile & analytics
OFF-MARKET
Estimated value
$1,030,000
Community centers
5012 3rd Ave, Kearney, NE 68845-8506
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US57-0945655
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
2005
Construction
CONCRETE
Total area
33,192 SF
Lot
3.91 ac (170,320 SF)
Zoning code
03-COMMERCIAL
APN
605247835
UPID
US57-0945655
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
-
Active Family Chiropractic & Acupuncture - Kearney Alternative Medicine Practice
-
Look Whats Cookin LLC (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom
-
Game On Games Electronics & Wireless Store (Bike/Boat/Book/etc) Store
-
Wynk Boutique Clothing & Fashion Store
-
Golf Fit USA Golf Course (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$640k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.42M
Blend (final)
Blend
$1.03M
Owner & transaction history
Np Investments INC · 8 yrs held
Np Investments INC
since 2017
3 recorded transactions
Zoning & alternative use
03-COMMERCIAL · Kearney, 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 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
$640,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,445,000
Current use
Blend value · Realmo final
$1.03M
Range $927k – $1.13M · ±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
$31 / 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
$65,741
Tax year 2023
Assessed value
$3,862,720
Assessed 2023
Previous assessed
$3,678,780
+5.0% YoY
Effective rate
1.70%
On assessed value
Assessed land
$1,207,500
Assessed improvement
$2,655,220
Land market value
$1,207,500
Improvement market value
$2,655,220
Total market value
$3,862,720
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
2005
Construction
CONCRETE
Heating
YES
Stories
1
Total area
33,192 SF
Lot
3.91 ac (170,320 SF)
Zoning code
03-COMMERCIAL
APN
605247835
UPID
US57-0945655
Jurisdiction
BUFFALO
Zoning & alternative use
03-COMMERCIAL · Kearney, NE
Zoning 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
Kearney. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$1.4M
NEIGHBORHOOD: SHOPPING CENTER Current
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
2005
Construction
CONCRETE
Heating
YES
Stories
1
Lot
3.91 ac
Current owner
From public records · entity-resolved
Np Investments INC
Entity
Mailing address
PO BOX 1084, KEARNEY, NE 68848-1084
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 15, 2017
—
Np Investments INC
Vp Mall LLC
Warranty Deed
—
Jan 16, 2007
$3,550,000
V-100 LLC
Vista Pointe LLC
Warranty Deed
—
Apr 12, 2005
$1,000
Vista Pointe LLC
Sorensen Acres LLC
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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