Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$965,000
Warehouses
1138 14th Ave Mitchell, NE 69357-1603
Individually Owned
5-yr Hold
Free & Clear
Property ID
US57-0307413
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1971
Total area
8,400 SF
Lot
0.71 ac (30,814 SF)
Zoning code
03-COMMERCIAL
APN
10107657
UPID
US57-0307413
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
by Request
CAP Approach
CAP
$900k
Comparable Approach
Comparable
$1.03M
Blend (final)
Blend
$965k
Owner & transaction history
Roger W Mckiney · 5 yrs held
Roger W Mckiney
since 2020
4 recorded transactions
Zoning & alternative use
03-COMMERCIAL · Mitchell, NE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$990,000
+44.9%
Restaurant
$875,000
+27.8%
Medical building
$855,000
+24.6%
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 Mitchell submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mitchell 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
by Request
CAP Approach
CAP Return
Estimation
6%
$975,000
6.5%
$900,000
7%
$835,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$685,000
Current use
COMMERCIAL (GENERAL)
$990,000
Change: +45% · Conversion: Difficult
RESTAURANT
$875,000
Change: +28% · Conversion: Difficult
MEDICAL BUILDING
$855,000
Change: +25% · Conversion: Difficult
AUTO REPAIR, GARAGE
$605,000
Change: -12% · Conversion: Easy
Blend value · Realmo final
$965k
Range $869k – $1.06M · ±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
$115 / 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
$2,530
Tax year 2023
Assessed value
$130,557
Assessed 2023
Previous assessed
$130,557
+0.0% YoY
Effective rate
1.94%
On assessed value
Assessed land
$20,029
Assessed improvement
$110,528
Land market value
$20,029
Improvement market value
$110,528
Total market value
$130,557
Applied tax rate
62.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1971
Heating
SPACE
Cooling
AC.FAN COOLING
Stories
1
Total area
8,400 SF
Lot
0.71 ac (30,814 SF)
Zoning code
03-COMMERCIAL
APN
10107657
UPID
US57-0307413
Jurisdiction
SCOTTS BLUFF
Zoning & alternative use
03-COMMERCIAL · Mitchell, NE
Zoning 03-COMMERCIAL · permitted uses
03-COMMERCIAL · Mitchell, NE
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mitchell. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$685,000
COMMERCIAL (GENERAL)
Est. value
$990,000
RESTAURANT
Est. value
$875,000
MEDICAL BUILDING
Est. value
$855,000
AUTO REPAIR, GARAGE
Est. value
$605,000
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
RESTAURANT
MEDICAL BUILDING
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
1971
Heating
SPACE
Cooling
Yes
Stories
1
Lot
0.71 ac
Current owner
From public records · entity-resolved
Roger W Mckiney
Individual
Free & Clear · 5 yrs held
Mailing address
1215 CTR AVE, MITCHELL, NE 69357-1443
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 1, 2020
$115,000
Roger W Mckiney
Chris Chisholm
Warranty Deed
—
Sep 1, 2020
—
Roger W Mckiney
Mark Chisholm
Warranty Deed
$115,000 · Platte Valley Bank
Apr 13, 2012
—
H George Chisholm
Mark Alan Chisholm
Warranty Deed
related
—
Apr 30, 2007
$95,000
H George Chisholm
Panhandle Cooperative Assn INC
Corporation Deed
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1138 14th Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
