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Property profile & analytics
OFF-MARKET
Manufacturing properties
1102 Prospect Dr North Platte, NE 69101-7700
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US57-0850057
Property summary
AI-generated overview
This exceptional 2,994-square-foot flex building, situated on a generous 1.12-acre lot in North Platte, Nebraska, presents a rare opportunity for owner-users. The property, built in 1995, boasts a single-story structure with I-1 zoning, ideal for light industrial and flex uses. The warehouse space encompasses 2,560 square feet and features climate control, an 11-foot ceiling clear height, and a convenient 10x10-foot drive-in door. An additional exterior wooden dock enhances loading and unloading efficiency. The property is currently vacant and ready for immediate occupancy. The expansive lot offers potential for future building expansion, providing significant growth opportunities. Located at 1102 Prospect Drive, North Platte, NE 69101, this property is a compelling investment for businesses seeking a versatile and well-maintained space. The asking price is $395,000. Don't miss this chance to acquire a prime flex building in a desirable location.
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1995
Total area
2,944 SF
Lot
1.12 ac (48,750 SF)
Zoning code
COMMERCIAL
APN
0021495.00
UPID
US57-0850057
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
-
Dowhower Cabinet & Millwork General Contractor Renovation Specialist
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
Raphah Commercial LLC · 2 yrs held
Raphah Commercial LLC
since 2024
1 recorded transaction
Zoning & alternative use
COMMERCIAL · North Platte, 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 North Platte submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North Platte 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
$2,716
Tax year 2023
Assessed value
$148,967
Assessed 2023
Previous assessed
$148,967
+0.0% YoY
Effective rate
1.82%
On assessed value
Assessed land
$58,343
Assessed improvement
$90,624
Land market value
$58,343
Improvement market value
$90,624
Total market value
$148,967
Applied tax rate
3.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1995
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Total area
2,944 SF
Lot
1.12 ac (48,750 SF)
Zoning code
COMMERCIAL
APN
0021495.00
UPID
US57-0850057
Jurisdiction
LINCOLN
Zoning & alternative use
COMMERCIAL · North Platte, NEZoning COMMERCIAL · permitted uses
COMMERCIAL · North Platte, NE
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
CHAPTER 156: ZONING
Building & site characteristics
From public records
Year built
1995
Heating
YES
Cooling
Yes
Stories
1
Lot
1.12 ac
Current owner
From public records · entity-resolved
Raphah Commercial LLC
Entity
Mailing address
915 LK AVE, GOTHENBURG, NE 69138-1945
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
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
Feb 14, 2024
—
Raphah Commercial LLC
—
Deed
related
$495,000 · Dayspring Bank
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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