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    S M Rd Aurora, NE 68818

    View on Map
    Sponsored
    For Sale
    $3,500,000

    Vacant Land - Aurora, NE

    Lot size:
    3.00 Acres
    Days on Market:
    46
    Last Refresh:
    Mar 28 at 5:06 am

    Property Features for S M Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Parking features
    Garage
    Lot size
    3.00 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Clinton Mickey

    Cornwell Inc.Land & Home Brokers-Auctioneers

    Listing agent Clinton Mickey

    Listing date Feb 10, 2026

    MLS# 11650795 Listing URL

    Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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    Property Insight Report

    Overview

    Grain Bins and Handling System

    This property features a grain handling and drying system designed for efficient receiving, drying, and load out. It includes four 60' Brock commercial grain bins with heavy commercial roofs, each equipped with 10" unloads with power sweeps, roof exhausters, full temp cable systems with remote monitoring, two 25hp centrifugal fans with full floors, two ring doors with tri-core flooring, and spiral staircases. The two east bins have side draw unloads. These bins have an approximate capacity of 516,000 bushels. Additionally, there is one 48' Brock commercial grain bin with similar features, including a 10" unload with power sweep, roof exhauster, full temp cable system with remote monitoring, two 25hp centrifugal fans with full floor, two ring door with tri-corr flooring, spiral staircase, and peak platforms. This bin, with an approximate capacity of 76,500 bushels, is designed for use as a wet bin or for storage and frequent unloads. The site also includes a super structure with an overhead load out bin, ladder access, truck platform, and remote-control gate, with a secondary unload option and high/low sensors. The overhead bin has an approximate capacity of 3,000 bushels. The system incorporates 12x12 towers with switch back staircases, two access platforms, a 12.5k BPH commercial wet receiving leg, and a 5.5k BPH commercial dry receiving leg. It also features two 13k BPH roof drag conveyors, a 16" dual swing distributor, and a 12.5k BPH commercial drive over receiving conveyor. Two 5.5 BPH reclaim conveyors and an 8" grain pump facilitate grain transfer. A Neco 24380 natural gas 24 tier dryer with conveyor unloads, front/rear access platforms, a top roof platform, Commander controls, and AGI Sure Track Dryer Manager is included. The screening system removes fines and small FM on both the receiving and loadout sides. The bin site, designed for quick and easy operation, includes dual dump pits and a sync valve to maintain a full overhead. The infrastructure is designed to expand the overall grain bin capacity and reduce kernel damage, accommodating specialty grains. The bin site will be surveyed to approximately 3 acres if split.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Specialty properties

    Map

    City
    Aurora
    County
    Hamilton
    State
    Nebraska
    Longitude
    -98.080296
    Latitude
    40.813722

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    FAQs

    What type of property is this?
    Specialty property - Grain bins and handling system with approximately 585,000 bushels capacity.
    Where is this specialty property located?
    The property is located at S M Rd Aurora, NE.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: - Approximately 585,000 bushels of total storage capacity.; - High-capacity grain handling system with 12.5k BPH wet and 5.5k BPH dry receiving legs.; - Automated overhead load out bin features remote control gate and high/low sensors.
    (402) 694-4023
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    S M Rd Aurora, NE 68818
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    S M Rd Aurora, NE 68818
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