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Property profile & analytics
OFF-MARKET
Industrial properties
108 12th St Blair, NE 68008-2143
Individually Owned
6-yr Hold
~
Est. High Equity
Property ID
US57-0106060
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1894
Total area
18,096 SF
Lot
0.5 ac (21,600 SF)
Zoning code
04-INDUSTRIAL
APN
890044646
UPID
US57-0106060
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
-
Paxton-Mitchell Co., LLC Factory Industrial Manufacturer
-
Jebco Industrial Manufacturer Production Facility
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
Daniel C Mcclain · 6 yrs held
Daniel C Mcclain
since 2019
7 recorded transactions
Zoning & alternative use
04-INDUSTRIAL · Blair, 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 Blair submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Blair 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 2023Property tax & assessments
Tax year 2023
Tax billed
$2,599
Tax year 2023
Assessed value
$166,905
Assessed 2023
Previous assessed
$162,555
+2.7% YoY
Effective rate
1.56%
On assessed value
Assessed land
$75,600
Assessed improvement
$91,305
Land market value
$75,600
Improvement market value
$91,305
Total market value
$166,905
Applied tax rate
208.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1894
Heating
SPACE
Cooling
YES
Buildings
2
Stories
1
Total area
18,096 SF
Lot
0.5 ac (21,600 SF)
Zoning code
04-INDUSTRIAL
APN
890044646
UPID
US57-0106060
Jurisdiction
WASHINGTON
Zoning & alternative use
04-INDUSTRIAL · Blair, NE
Zoning 04-INDUSTRIAL · permitted uses
04-INDUSTRIAL · Blair, NE
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Blair. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1894
Heating
SPACE
Cooling
Yes
Stories
1
Buildings
2
Lot
0.5 ac
Current owner
From public records · entity-resolved
Daniel C Mcclain
Individual
Mailing address
19152 GERMANNA HWY, CULPEPER, VA 22701-6023
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 21, 2025
—
Daniel C Mcclain
—
Deed
related
$301,957 · First Interstate Bank
Nov 22, 2019
—
Daniel C Mcclain
Paxton Mitchell Company LLC
Quit Claim Deed
related
$492,000 · Great Western Bank
Jan 17, 2017
—
Culpeper County Associates LLC
Paxton-mitchell Co
Warranty Deed
related
$150,000 · Mcgivern Margie A Trust (pt)
Jan 3, 2017
$150,000
Culpepper County Assocs LLC
Paxton-mitchell Co
Warranty Deed
$150,000 · Mcgivern Margie A Trust (pt)
—
—
Paxton-mitchell Co
—
Deed Of Trust
related
$260,000 · Great Southern Bank
—
—
Paxton-mitchell Co
—
Deed Of Trust
related
$100,000 · Great Southern Bank
—
—
Paxton-mitchell Co
—
Deed Of Trust
related
$650,000 · Mutual Of Omaha Bank
—
—
Paxton-mitchell Co
—
Deed Of Trust
related
$350,000 · Great Western Bank
—
—
Culpeper County Associates LLC
—
Deed Of Trust
related
$150,000 · Mcgivern Margie A Trust (pt)
—
—
Paxton Miitchell Co
—
Deed Of Trust
related
$1,002,773 · Nebraska State Bank
—
—
Paxton-mitchell Co
—
Deed Of Trust
related
$644,220 · Nebraska State Bank Omaha
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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