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Property profile & analytics
OFF-MARKET
Estimated value
$1,305,000
Day care centers
603 Jefferson St Papillion, NE 68046-2646
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US57-0252338
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Year built
1960
Construction
WOOD FRAME
Total area
1,410 SF
Lot
0.77 ac (33,577 SF)
Zoning code
1
APN
11591571
UPID
US57-0252338
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
$1.23M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.31M
Owner & transaction history
Efferding Investment Properties Ltd · 1 yrs held
Efferding Investment Properties Ltd
since 2025
Last sale
$1.4M
7 recorded transactions
Zoning & alternative use
1 · Papillion, 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 Papillion submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Papillion 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
$1,200,000
ML approach
$1,225,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.31M
Range $1.17M – $1.44M · ±10% · vs last sale $1.40M (Feb 11 2025)
Last sale anchor
$1.40M
Feb 11 2025
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
$926 / 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
$15,657
Tax year 2023
Assessed value
$831,506
Assessed 2023
Previous assessed
$831,506
+0.0% YoY
Effective rate
1.88%
On assessed value
Assessed land
$134,308
Assessed improvement
$697,198
Land market value
$134,308
Improvement market value
$697,198
Total market value
$831,506
Applied tax rate
27,001.0000
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
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Status
Off-Market
Year built
1960
Construction
WOOD FRAME
Heating
NONE
Buildings
3
Stories
1
Units
1
Bathrooms
1
Total area
1,410 SF
Lot
0.77 ac (33,577 SF)
Zoning code
1
APN
11591571
UPID
US57-0252338
Jurisdiction
SARPY
Zoning & alternative use
1 · Papillion, NEZoning 1 · permitted uses
1 · Papillion, NE
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1960
Construction
WOOD FRAME
Heating
NONE
Stories
1
Buildings
3
Units
1
Bathrooms
1
Lot
0.77 ac
Current owner
From public records · entity-resolved
Efferding Investment Properties Ltd
Entity
Mailing address
7408 S 101ST AVE, LA VISTA, NE 68128-3178
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 11, 2025
$1,400,000
Efferding Investment Properties Ltd
Deborah K Boganowski
Deed
$700,000 · First Nebraska Bank
Sep 30, 2022
—
Deborah K Boganowski
Dkv Investments LLC
Warranty Deed
—
Mar 31, 2008
$108,000
Dkv Investments LLC
Petersen,nathan M & Jennifer
Warranty Deed
—
Mar 28, 2008
$147,000
Dkv Investments LLC
Home Building Consultants INC
Warranty Deed
—
Feb 26, 2008
—
Nathan M Petersen
Norris,kristi R
Quit Claim Deed
related
—
Jul 2, 2007
$153,000
Home Building Consultants INC
David A Hammond
Warranty Deed
$114,806 · First Westroads Bank INC
Nov 28, 2005
$105,000
Nathan M Petersen
Sulentic,lance & Aleta
Warranty Deed
$107,250 · Residential Mortgage Services
Nov 30, 1999
$64,000
Lance Sulintic
Williams,charles C & Erma E
Grant Deed
$65,650 · Fort Calhoun State Bank
—
—
David A Hammond
—
Deed Of Trust
related
$25,750 · American National Bank & Trust
—
—
Dkv Investments LLC
—
Deed Of Trust
related
$107,656 · Pinnacle Bank Papillion
—
—
Lance Sulentic
—
Deed Of Trust
related
$85,500 · National City Mortgage Co
—
—
Lance Sulentic
—
Deed Of Trust
related
$100,000 · Gb Home Equity
—
—
Dkv Investments LLC
—
Deed Of Trust
related
$445,000 · Nebraska Economic Dev Corp
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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