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Property profile & analytics
OFF-MARKET
Estimated value
$700,000
Auto shops
806 8th St Gothenburg, NE 69138-2005
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US57-0936148
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
2004
Construction
CONCRETE BLOCKS
Total area
8,360 SF
Lot
0.72 ac (31,165 SF)
Zoning code
03-COMMERCIAL
APN
240058887
UPID
US57-0936148
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
-
Axxent Building Systems LLC Construction Company General Contractor
-
Wearparts Tillage Tools Sales Office Corporate Office
-
Dawson Tire & Wheel Retail Service (Bike/Boat/Book/etc) Store Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$700k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$835k
Blend (final)
Blend
$700k
Owner & transaction history
Erron Properties LLC · 2 yrs held
Erron Properties LLC
since 2024
Last sale
$700,000
3 recorded transactions
Zoning & alternative use
03-COMMERCIAL · Gothenburg, NE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
§ 152.002 PURPOSE.
Top alternative use upside
Office building
$1.1M
+69.5%
Restaurant
$870,000
+32.0%
Retail stores
$745,000
+13.6%
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
$700,000
ML approach
$700,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$660,000
Current use
OFFICE BUILDING
$1,115,000
Change: +70% · Conversion: Difficult
RESTAURANT
$870,000
Change: +32% · Conversion: Difficult
RETAIL STORES
$745,000
Change: +14% · Conversion: Difficult
WAREHOUSE, STORAGE
$665,000
Change: +1% · Conversion: Easy
INDUSTRIAL (GENERAL)
$660,000
Change: +0% · Conversion: Easy
COMMERCIAL (GENERAL)
$600,000
Change: -9% · Conversion: Moderate
Blend value · Realmo final
$700k
Range $630k – $770k · ±10% · vs last sale $700k (Mar 8 2024)
Last sale anchor
$700k
Mar 8 2024
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
$84 / 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
$9,520
Tax year 2023
Assessed value
$523,281
Assessed 2023
Previous assessed
$419,476
+24.7% YoY
Effective rate
1.82%
On assessed value
Assessed land
$38,956
Assessed improvement
$484,325
Land market value
$38,956
Improvement market value
$484,325
Total market value
$523,281
Applied tax rate
510.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
2004
Construction
CONCRETE BLOCKS
Heating
RADIANT
Cooling
YES
Stories
1
Total area
8,360 SF
Lot
0.72 ac (31,165 SF)
Zoning code
03-COMMERCIAL
APN
240058887
UPID
US57-0936148
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
AUTO REPAIR, GARAGE Current
Est. value
$660,000
OFFICE BUILDING
Est. value
$1.1M
RESTAURANT
Est. value
$870,000
RETAIL STORES
Est. value
$745,000
WAREHOUSE, STORAGE
Est. value
$665,000
INDUSTRIAL (GENERAL)
Est. value
$660,000
COMMERCIAL (GENERAL)
Est. value
$600,000
AUTO REPAIR, GARAGE Current
OFFICE BUILDING
RESTAURANT
RETAIL STORES
WAREHOUSE, STORAGE
INDUSTRIAL (GENERAL)
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
2004
Construction
CONCRETE BLOCKS
Heating
RADIANT
Cooling
Yes
Stories
1
Lot
0.72 ac
Current owner
From public records · entity-resolved
Erron Properties LLC
Entity
Mailing address
405 LK AVE, GOTHENBURG, NE 69138-2259
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
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
Aug 1, 2025
—
Epm Holdings LLC
—
Deed
related
$345,000 · Nebraskaland Bank
Mar 8, 2024
$700,000
Erron Properties LLC
Mac Ventures LLC
Warranty Deed
$45,000 · First National Bank Of Omaha
Aug 8, 2022
—
Mac Ventures LLC
—
Deed
related
$440,000 · Flatwater Bank
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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