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Property profile & analytics
FOR SALE
Medical Office Space
622 N Burlington Ave York, NE 68467
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US57-0318761
For Sale
1 / 12
$325,000
622 N Burlington Ave, York, NE 68467
View Listing →
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1966
Total area
1,232 SF
Lot
0.17 ac (7,405 SF)
Zoning code
COMMERCIAL
APN
930006070
UPID
US57-0318761
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
-
Sullivan Family Dentistry Dental Office
-
Centre Place Dental PC Dental Office
-
Dr. Sheldon L. Carlow, DDS Dental Office
-
Larkin Jacque Dental Office
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
M P Sullivan Real Estate LLC · 9 yrs held
M P Sullivan Real Estate LLC
since 2017
3 recorded transactions
Zoning & alternative use
COMMERCIAL · York, 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 York submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs York 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
$3,504
Tax year 2023
Assessed value
$197,140
Assessed 2023
Previous assessed
$151,412
+30.2% YoY
Effective rate
1.78%
On assessed value
Assessed land
$12,960
Assessed improvement
$184,180
Land market value
$12,960
Improvement market value
$184,180
Total market value
$197,140
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
For Sale
Year built
1966
Heating
NONE
Buildings
3
Stories
1
Total area
1,232 SF
Lot
0.17 ac (7,405 SF)
Zoning code
COMMERCIAL
APN
930006070
UPID
US57-0318761
Jurisdiction
YORK
Zoning & alternative use
COMMERCIAL · York, NEZoning COMMERCIAL · permitted uses
COMMERCIAL · York, 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
1966
Heating
NONE
Stories
1
Buildings
3
Lot
0.17 ac
Current owner
From public records · entity-resolved
M P Sullivan Real Estate LLC
Entity
Mailing address
6643 BLUE RDG LN, LINCOLN, NE 68516-5460
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
Jan 19, 2017
—
M P Sullivan Real Estate LLC
Practice Options LLC
Warranty Deed
—
Oct 2, 2009
—
Practice Options, LLC
Mark R Brouillette
Warranty Deed
—
Sep 30, 2009
$110,000
Practice Options L.l.c
Brouillette, Mark R & Lisa M
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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