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Property profile & analytics
OFF-MARKET
Estimated value
$875,000
Banks
111 Dewey St North Platte, NE 69101-5418
Individually Owned
Absentee Owner
Free & Clear
Property ID
US57-0939036
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1989
Total area
18,756 SF
Lot
1.58 ac (68,721 SF)
Zoning code
COMMERCIAL
APN
0028055.00
UPID
US57-0939036
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
-
ATM Great Western Bk Bank Bank Or Atm
-
United Farm & Ranch Management (UFARM) - North Platte, NE Real Estate Agency
-
Twin Platte Natural Resources Sustainability Organization
-
First Interstate Bank - ATM Atm Money Transfer Service
-
Pratt Thomas F DDS Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$540k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.21M
Blend (final)
Blend
$875k
Owner & transaction history
GREAT WESTERN BANK
GREAT WESTERN BANK
Zoning & alternative use
COMMERCIAL · North Platte, 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 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
Method
Estimation
Statistic approach
by Request
ML approach
$540,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
FINANCIAL BUILDING
$1,375,000
Current use
WAREHOUSE, STORAGE
$1,215,000
Change: -12% · Conversion: Difficult
RETAIL STORES
$1,205,000
Change: -12% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,200,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$875k
Range $788k – $963k · ±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
$47 / 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
$46,012
Tax year 2023
Assessed value
$2,523,295
Assessed 2023
Previous assessed
$2,523,295
+0.0% YoY
Effective rate
1.82%
On assessed value
Assessed land
$312,761
Assessed improvement
$2,210,534
Land market value
$312,761
Improvement market value
$2,210,534
Total market value
$2,523,295
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
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
1989
Buildings
2
Stories
1
Total area
18,756 SF
Lot
1.58 ac (68,721 SF)
Zoning code
COMMERCIAL
APN
0028055.00
UPID
US57-0939036
Jurisdiction
LINCOLN
Zoning & alternative use
COMMERCIAL · North Platte, NE
Zoning 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
North Platte. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
FINANCIAL BUILDING Current
Est. value
$1.4M
WAREHOUSE, STORAGE
Est. value
$1.2M
RETAIL STORES
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$1.2M
FINANCIAL BUILDING Current
WAREHOUSE, STORAGE
RETAIL STORES
AUTO REPAIR, GARAGE
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
1989
Stories
1
Buildings
2
Lot
1.58 ac
Current owner
From public records · entity-resolved
GREAT WESTERN BANK
Individual
Free & Clear · 0 yrs held
Mailing address
225 S MAIN AVE, SIOUX FALLS, SD 57104-6309
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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