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    Property profile & analytics

    705 W Park Ave Plainview, NE 68769

    • Commercial land
    • 1.09 lot acres
    For Lease
    View listing
    $1,751,847
    Value Estimation
    Last Sale
    Nov 08, 2022
    $101,000
    Location Intelligence
    Property ID
    US57-0719952
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Dollar General / Convenience Store / Dollar Store

    Property Details for 705 W Park Ave

    Lot size
    1.09 lot acres
    Zone code
    03-COMMERCIAL
    Property type
    Commercial land
    APN
    700011487
    APU
    700011487

    Description

    This exceptional investment opportunity presents a brand-new, 10,640 square-foot Dollar General located at 705 W Park Ave, Plainview, NE 68769. Built in 2023, this property boasts a 15-year absolute NNN lease with a corporate guarantee from Dollar General, a Fortune 500 company with an investment-grade S&P credit rating of BBB. The lease commenced December 8, 2023, and includes four, five-year options with a 10% rent increase in each. The property sits on a 1.09-acre lot and offers a strong 7.00% cap rate with a current NOI of $126,133 and an asking price of $1,802,000 ($169.36/sq ft). This is a truly hands-off investment with zero landlord responsibilities. Dollar General, the nation's largest small-box discount retailer, generated $38.7 billion in net sales and $1.7 billion in net income in FY2023. This property represents a secure, high-yield investment with significant long-term potential. The property is currently 100% occupied.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Plainview
    County
    Pierce
    State
    Nebraska
    Longitude
    -97.7971
    Latitude
    42.3511
    CBSA code
    35740
    CBSA name
    NORFOLK, NE MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $189
    $12,430
    $0.00
    $12,430
    -
    $12,430
    $0.00
    $12,430

    Comparable in this City

    • Value Estimation by Request
      0.21 Acres

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      VACANT COMMERCIAL LAND • 0.21 Acres
      309 Locust Ave, Plainview, NE 68769-4117
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      Plainview, NE 68769

      VACANT COMMERCIAL LAND • 4.86 Acres
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      0.06 Acres

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      VACANT COMMERCIAL LAND • 0.06 Acres
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    • Value Estimation by Request
      1.14 Acres

      703 Park Ave

      VACANT COMMERCIAL LAND • 1.14 Acres
      703 Park Ave, Plainview, NE 68769-4022
      View Details
    • Value Estimation by Request
      2.47 Acres

      Plainview, NE 68769

      VACANT COMMERCIAL LAND • 2.47 Acres
      Plainview, NE 68769
      View Details
    • Value Estimation by Request
      0.28 Acres

      Plainview, NE 68769

      VACANT COMMERCIAL LAND • 0.28 Acres
      Plainview, NE 68769
      View Details
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    705 W Park Ave
    Plainview, NE 68769
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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