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Property profile & analytics
OFF-MARKET
Commercial real estate
53531 823rd Rd, Newman Grove, NE 68758
Individually Owned
18-yr Hold
Free & Clear
Property ID
US57-0607407
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2012
Total area
144 SF
Lot
77.82 ac (3,389,839 SF)
Zoning code
AGRICULTURAL
APN
590133926
UPID
US57-0607407
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Nelson, Ross A & Amy J · 18 yrs held
Nelson, Ross A & Amy J
since 2008
1 recorded transaction
Zoning & alternative use
AGRICULTURAL · Newman Grove, 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 Newman Grove submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Newman Grove 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
$7,704
Tax year 2023
Assessed value
$652,355
Assessed 2023
Previous assessed
$604,934
+7.8% YoY
Effective rate
1.18%
On assessed value
Assessed land
$454,839
Assessed improvement
$197,516
Land market value
$454,839
Improvement market value
$197,516
Total market value
$652,355
Applied tax rate
100.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2012
Stories
1
Total area
144 SF
Lot
77.82 ac (3,389,839 SF)
Zoning code
AGRICULTURAL
APN
590133926
UPID
US57-0607407
Jurisdiction
MADISON
Zoning & alternative use
AGRICULTURAL · Newman Grove, NE
Zoning AGRICULTURAL · permitted uses
AGRICULTURAL · Newman Grove, NE
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Newman Grove. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2012
Stories
1
Lot
77.82 ac
Current owner
From public records · entity-resolved
Nelson, Ross A & Amy J
Individual
Free & Clear · 18 yrs held
Mailing address
3384 210TH ST, NEWMAN GROVE, NE 68758-7006
Ownership since
2008
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
Jan 9, 2008
$175,000
Nelson, Ross A & Amy J
Nelson, Cory A & Beth A
Assessor Sales History
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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