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Property profile & analytics
OFF-MARKET
Estimated value
$520,000
Flex space
54542 840th Rd Battle Creek, NE 68715-5058
Entity Owned
17-yr Hold
Free & Clear
Property ID
US57-0607194
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1980
Total area
4,241 SF
Lot
6.85 ac (298,386 SF)
Zoning code
AGRICULTURAL
APN
590134924
UPID
US57-0607194
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
-
LG Seeds Agricultural Supply Garden Center
-
AgReliant Genetics Agricultural Supply Garden Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$480k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$562k
Blend (final)
Blend
$520k
Owner & transaction history
Agreliant Genetics LLC · 17 yrs held
Agreliant Genetics LLC
since 2009
2 recorded transactions
Zoning & alternative use
AGRICULTURAL · Battle Creek, NE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$500,000
+52.5%
Commercial (general)
$470,000
+44.5%
Medical building
$350,000
+7.7%
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 Battle Creek submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Battle Creek 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
$480,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$325,000
Current use
OFFICE BUILDING
$500,000
Change: +52% · Conversion: Difficult
COMMERCIAL (GENERAL)
$470,000
Change: +45% · Conversion: Difficult
MEDICAL BUILDING
$350,000
Change: +8% · Conversion: Difficult
Blend value · Realmo final
$520k
Range $468k – $572k · ±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
$123 / 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
$28,416
Tax year 2023
Assessed value
$2,068,709
Assessed 2023
Previous assessed
$2,068,709
+0.0% YoY
Effective rate
1.37%
On assessed value
Assessed land
$58,022
Assessed improvement
$2,010,687
Land market value
$58,022
Improvement market value
$2,010,687
Total market value
$2,068,709
Applied tax rate
78.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1980
Buildings
4
Stories
1
Total area
4,241 SF
Lot
6.85 ac (298,386 SF)
Zoning code
AGRICULTURAL
APN
590134924
UPID
US57-0607194
Jurisdiction
MADISON
Zoning & alternative use
AGRICULTURAL · Battle Creek, NE
Zoning AGRICULTURAL · permitted uses
AGRICULTURAL · Battle Creek, NE
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Battle Creek. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$325,000
OFFICE BUILDING
Est. value
$500,000
COMMERCIAL (GENERAL)
Est. value
$470,000
MEDICAL BUILDING
Est. value
$350,000
INDUSTRIAL (GENERAL) Current
OFFICE BUILDING
COMMERCIAL (GENERAL)
MEDICAL BUILDING
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
1980
Stories
1
Buildings
4
Lot
6.85 ac
Current owner
From public records · entity-resolved
Agreliant Genetics LLC
Entity
Free & Clear · 17 yrs held
Mailing address
1122 E 169TH ST, WESTFIELD, IN 46074-9601
Ownership since
2009
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
Feb 27, 2009
$494,000
Agreliant Genetics LLC
Donna L Herrich
Trustees Deed
related
—
Feb 24, 2009
$494,000
Agreliant Genetics LLC
Herrick, Roger D & Donna L
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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