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Property profile & analytics
FOR LEASE
Medical Office Space
908 N Howard Ave Grand Island, NE 68803
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US57-0268588
No photos on file
For Lease
$17 SF/Yr
908 N Howard Ave, Grand Island, NE 68803
View Listing →
Property profile
Verified
Property type
Medical Office Space
Use group
DENTAL BUILDING
Year built
1978
Total area
2,482 SF
Lot
0.2 ac (8,557 SF)
Zoning code
07-OTHER
APN
400136945
UPID
US57-0268588
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
-
Anderson Dental Care Dental Office
-
CHI Health Clinic Family Medicine (St. Francis) Medical Clinic
-
Stephen D. Cain DDS Dental Office
-
Rockwell Jan Counselor
-
Lauren P. Klein, APRN Registered General Nurse
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
Lclr LLC · 1 yrs held
Lclr LLC
since 2024
7 recorded transactions
Zoning & alternative use
07-OTHER · Grand Island, 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 Grand Island submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Grand Island 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 2022Property tax & assessments
Tax year 2022
Tax billed
$4,972
Tax year 2022
Assessed value
$273,592
Assessed 2023
Previous assessed
$273,592
+0.0% YoY
Effective rate
1.82%
On assessed value
Assessed land
$19,253
Assessed improvement
$254,339
Land market value
$19,253
Improvement market value
$254,339
Total market value
$273,592
Applied tax rate
5.0000
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
DENTAL BUILDING
Status
For Lease
Year built
1978
Heating
HEAT PUMP
Cooling
YES
Stories
1
Total area
2,482 SF
Lot
0.2 ac (8,557 SF)
Zoning code
07-OTHER
APN
400136945
UPID
US57-0268588
Jurisdiction
HALL
Zoning & alternative use
07-OTHER · Grand Island, NE
Zoning 07-OTHER · permitted uses
07-OTHER · Grand Island, NE
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Grand Island. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1978
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Lot
0.2 ac
Current owner
From public records · entity-resolved
Lclr LLC
Entity
Mailing address
15462 W BARROWS RD, KENESAW, NE 68956-1707
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 5, 2024
$230,000
Lclr LLC
Martin C Tilley
Deed
$340,000 · Five Points Bank
Aug 1, 2024
—
Sblm Investments LLC
—
Deed
related
$340,000 · Five Points Bank
Jul 26, 2024
—
Vpu Grand Island I LLC
—
Deed
related
$418,388 · Doc Dr LLC
Jun 14, 2023
$317,000
Davalwat Properties LLC
G Douglas Camplin
Warranty Deed
$333,600 · Five Points Bank Of Hastings
May 16, 2023
$300,000
Sag Real Estate LLC
Steven F Anderson
Warranty Deed
$300,000 · Five Points Bank
May 18, 2020
—
Anderson,steven F Trust
—
Deed
related
—
Mar 30, 2018
—
Kimberly Faye Gangwish
—
Deed
related
$132,000 · Five Points Bank
May 1, 2017
$330,333
Sblm Investments LLC
David V Lofgreen
Warranty Deed
$157,600 · Five Points 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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