Technical
Financial
Distress signals
Property profile

619 2nd Ave Kearney, NE 68847

OFF-MARKET
Motels
Property ID
US57-0738247
12,538 SF 1.07 ac lot Built 1988
Entity Owned 5-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Motels
Use group MOTEL
Year built 1988
Construction CONCRETE
Total area 12,538 SF
Lot 1.07 ac (46,609 SF)
Zoning code 03-COMMERCIAL
APN 603741020
UPID US57-0738247

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hotel & Motel Bed & Breakfast
  • Hotel & Motel
  • Hotel & Motel

Location

619 2nd Ave Kearney, NE 68847-7809
Kearney metro Census 969700 KEARNEY, NE MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.21M
CAP Approach CAP
$1.17M
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.22M

Owner & transaction history

since 2021
Last sale
$1.1M
3 recorded transactions
2021
$1.1M
2018
$1.0M
2018
$1.1M

Zoning & alternative use

03-COMMERCIAL · Kearney, NE
Top alternative use upside
Restaurant $1.6M +492.2%
Office building $1.5M +466.1%
Commercial (general) $1.5M +461.5%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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