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Property profile & analytics
OFF-MARKET
Estimated value
$560,000
Grocery and convenience stores
925 Main Ave Crete, NE 68333-2255
Entity Owned
7-yr Hold
Absentee Owner
Free & Clear
Property ID
US57-0269748
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1967
Total area
12,465 SF
Lot
1.04 ac (45,495 SF)
Zoning code
03-COMMERCIAL
APN
760001561
UPID
US57-0269748
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$560k
Owner & transaction history
Boone Corp INC · 7 yrs held
Boone Corp INC
since 2019
3 recorded transactions
Zoning & alternative use
03-COMMERCIAL · Crete, 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 Crete submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Crete 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
$45 / 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
$7,483
Tax year 2023
Assessed value
$419,600
Assessed 2023
Previous assessed
$419,600
+0.0% YoY
Effective rate
1.78%
On assessed value
Assessed land
$142,015
Assessed improvement
$277,585
Land market value
$142,015
Improvement market value
$277,585
Total market value
$419,600
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
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
1967
Heating
FORCED AIR
Buildings
2
Stories
1
Total area
12,465 SF
Lot
1.04 ac (45,495 SF)
Zoning code
03-COMMERCIAL
APN
760001561
UPID
US57-0269748
Jurisdiction
SALINE
Zoning & alternative use
03-COMMERCIAL · Crete, NEZoning 03-COMMERCIAL · permitted uses
03-COMMERCIAL · Crete, NE
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
MUNICIPAL PLANNING
Building & site characteristics
From public records
Year built
1967
Heating
FORCED AIR
Stories
1
Buildings
2
Lot
1.04 ac
Current owner
From public records · entity-resolved
Boone Corp INC
Entity
Free & Clear · 7 yrs held
Mailing address
940 PINERIDGE RD, CRETE, NE 68333-4305
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
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
Feb 21, 2019
—
Boone Corp INC
Lonetree Builders Housing Project L
Warranty Deed
—
Nov 20, 2007
—
Lonetree Builders LLC
Clark, James R & Lavonne S
Assessor Sales History
—
Feb 28, 2006
$192,000
Boone Corporation
Blue Heron LLC 16
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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