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Property profile & analytics
OFF-MARKET
Estimated value
$1,595,000
Grocery and convenience stores
718 4th St Gothenburg, NE 69138-2347
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US57-0672851
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
2007
Construction
STEEL FRAME
Total area
31,806 SF
Zoning code
03-COMMERCIAL
APN
240219759
UPID
US57-0672851
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
-
higi Physician
-
Fresh Seasons Market Specialty Food Shop Supermarket
-
Family Fresh Sushi Take-out & Catering
-
Champs Chicken Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.60M
Owner & transaction history
Emins LLC · 5 yrs held
Emins LLC
since 2021
7 recorded transactions
Zoning & alternative use
03-COMMERCIAL · Gothenburg, NE
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 Gothenburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gothenburg 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$2,535,000
Change: -11% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$2,515,000
Change: -12% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,500,000
Change: -12% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,290,000
Change: -19% · Conversion: Easy
Blend value · Realmo final
$1.60M
Range $1.44M – $1.75M · ±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
$50 / 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
$26,082
Tax year 2023
Assessed value
$1,433,667
Assessed 2023
Previous assessed
$1,522,442
-5.8% YoY
Effective rate
1.82%
On assessed value
Assessed land
$42,952
Assessed improvement
$1,390,715
Land market value
$42,952
Improvement market value
$1,390,715
Total market value
$1,433,667
Applied tax rate
866.0000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
2007
Construction
STEEL FRAME
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Total area
31,806 SF
Zoning code
03-COMMERCIAL
APN
240219759
UPID
US57-0672851
Jurisdiction
DAWSON
Zoning & alternative use
03-COMMERCIAL · Gothenburg, NEZoning 03-COMMERCIAL · permitted uses
03-COMMERCIAL · Gothenburg, NE
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
§ 152.002 PURPOSE.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE
Est. value
$2.5M
INDUSTRIAL (GENERAL)
Est. value
$2.5M
AUTO REPAIR, GARAGE
Est. value
$2.5M
COMMERCIAL (GENERAL)
Est. value
$2.3M
WAREHOUSE, STORAGE
INDUSTRIAL (GENERAL)
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
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
2007
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Stories
1
Current owner
From public records · entity-resolved
Emins LLC
Entity
Mailing address
2621 AVE M M, GOTHENBURG, NE 69138-2553
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 26, 2021
—
Richard A Whitcomb
—
Deed
related
$378,419 · First American Bank NA
Jan 11, 2021
—
Emins LLC
Stephen B Peterson
Warranty Deed
—
Jan 29, 2020
$585,000
Gothenburg Improvement Company
Svcn 3 LLC
Special Warranty Deed
—
Jan 29, 2020
$587,000
Stephen B Peterson
Gothenburg Improvement Company
Warranty Deed
$310,000 · Flatwater Bank
Jan 2, 2013
$1,450,000
Georgia A Whitcomb
K2 Properties Ofh LLC
Warranty Deed
$378,419 · First American Bank NA
Dec 11, 2009
$1,480,000
Sprit Master Funding III LLC
Spirit Master Funding IV LLC
Special Warranty Deed
—
Dec 17, 2007
—
Spirit Master Funding IV LLC
Pelstar Gothenburg LLC
Re-recorded Document
related
—
Dec 12, 2007
$2,176,000
Spirit Master Funding IV LLC
Pelstar Gothenburg LLC
Warranty Deed
—
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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