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Property profile & analytics
OFF-MARKET
Estimated value
$470,000
Auto shops
Sapp Brothers Dr Springfield, NE 68059
Entity Owned
11-yr Hold
Free & Clear
Property ID
US57-0224299
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1978
Construction
STEEL FRAME
Total area
8,500 SF
Lot
2.07 ac (90,262 SF)
Zoning code
3
APN
10393250
UPID
US57-0224299
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
$425k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$470k
Owner & transaction history
Medlin Real Estate II LLC · 11 yrs held
Medlin Real Estate II LLC
since 2015
3 recorded transactions
Zoning & alternative use
3 · Springfield, 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 Springfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Springfield 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
$425,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$470k
Range $423k – $517k · ±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
$55 / 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
$12,988
Tax year 2023
Assessed value
$882,413
Assessed 2023
Previous assessed
$882,413
+0.0% YoY
Effective rate
1.47%
On assessed value
Assessed land
$451,310
Assessed improvement
$431,103
Land market value
$451,310
Improvement market value
$431,103
Total market value
$882,413
Applied tax rate
37,086.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1978
Construction
STEEL FRAME
Heating
SPACE
Buildings
3
Stories
1
Units
4
Total area
8,500 SF
Lot
2.07 ac (90,262 SF)
Zoning code
3
APN
10393250
UPID
US57-0224299
Jurisdiction
SARPY
Zoning & alternative use
3 · Springfield, NEZoning 3 · permitted uses
3 · Springfield, NE
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
TABLE OF CONTENTS
Building & site characteristics
From public records
Year built
1978
Construction
STEEL FRAME
Heating
SPACE
Stories
1
Buildings
3
Units
4
Lot
2.07 ac
Current owner
From public records · entity-resolved
Medlin Real Estate II LLC
Entity
Free & Clear · 11 yrs held
Mailing address
58815 OWEN RD, GREEN CITY, MO 63545-2222
Ownership since
2015
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
Apr 21, 2015
—
Medlin Real Estate II LLC
Medlin Gregory D & Beth A
Quit Claim Deed
related
—
Jul 30, 2009
—
Gregory D Medlin
Medlin Real Estate LLC
Quit Claim Deed
—
Jul 1, 2008
—
Medlin Real Estate LLC
Medlin,gregory D & Beth A
Quit Claim Deed
related
—
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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