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Property profile & analytics
OFF-MARKET
Estimated value
$600,000
Commercial real estate
940 16th St Schuyler, NE 68661-1673
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US57-0730969
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2000
Total area
8,140 SF
Lot
2.04 ac (88,925 SF)
Zoning code
03-COMMERCIAL
APN
120862000
UPID
US57-0730969
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
-
Pinnacle Apartments Apartment Complex
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$595k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$600k
Owner & transaction history
Level Up Home Pros INC · 4 yrs held
Level Up Home Pros INC
since 2022
Last sale
$600,000
1 recorded transaction
Zoning & alternative use
03-COMMERCIAL · Schuyler, NE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$840,000
+37.4%
Warehouse, storage
$775,000
+26.8%
Industrial (general)
$715,000
+17.3%
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 Schuyler submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Schuyler 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
$625,000
ML approach
$595,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$610,000
Current use
AUTO REPAIR, GARAGE
$840,000
Change: +37% · Conversion: Difficult
WAREHOUSE, STORAGE
$775,000
Change: +27% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$715,000
Change: +17% · Conversion: Moderate
RETAIL STORES
$710,000
Change: +16% · Conversion: Easy
Blend value · Realmo final
$600k
Range $540k – $660k · ±10% · vs last sale $600k (Jan 31 2022)
Last sale anchor
$600k
Jan 31 2022
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
$74 / 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
$8,895
Tax year 2023
Assessed value
$481,410
Assessed 2023
Previous assessed
$741,050
-35.0% YoY
Effective rate
1.85%
On assessed value
Assessed land
$88,925
Assessed improvement
$392,485
Land market value
$88,925
Improvement market value
$392,485
Total market value
$481,410
Applied tax rate
120.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2000
Buildings
6
Stories
1
Total area
8,140 SF
Lot
2.04 ac (88,925 SF)
Zoning code
03-COMMERCIAL
APN
120862000
UPID
US57-0730969
Jurisdiction
COLFAX
Zoning & alternative use
03-COMMERCIAL · Schuyler, NE
Zoning 03-COMMERCIAL · permitted uses
03-COMMERCIAL · Schuyler, NE
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Schuyler. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$610,000
AUTO REPAIR, GARAGE
Est. value
$840,000
WAREHOUSE, STORAGE
Est. value
$775,000
INDUSTRIAL (GENERAL)
Est. value
$715,000
RETAIL STORES
Est. value
$710,000
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
INDUSTRIAL (GENERAL)
RETAIL STORES
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
2000
Stories
1
Buildings
6
Lot
2.04 ac
Current owner
From public records · entity-resolved
Level Up Home Pros INC
Entity
Mailing address
1309 S 204TH ST #229, ELKHORN, NE 68022-2880
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 31, 2022
$600,000
Level Up Home Pros INC
Schuyler Apartment Partners LLC
Warranty Deed
$385,714 · Schuyler Apartment Partners LLC
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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