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Property profile & analytics
OFF-MARKET
Estimated value
$8,370,000
Outlet malls
1401 Frontage Rd Scottsbluff, NE 69361-2773
Entity Owned
Free & Clear
Property ID
US57-0333214
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
1993
Total area
87,054 SF
Lot
8.79 ac (383,004 SF)
Zoning code
03-COMMERCIAL
APN
10300376
UPID
US57-0333214
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
-
Target Mobile Mobile Phone Store Electronics & Wireless Store
-
Starbucks Cafe & Coffee Shop
-
Cardtronics ATM Atm
-
Target Department Store
-
TARGET LOADING DOCK Distribution Center Logistics Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$9.52M
Comparable Approach
Comparable
$7.23M
Blend (final)
Blend
$8.37M
Owner & transaction history
DAYTON HUDSON CORP
DAYTON HUDSON CORP
Zoning & alternative use
03-COMMERCIAL · Scottsbluff, NE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$10.7M
+104.1%
Medical building
$9.4M
+80.4%
Commercial (general)
$8.3M
+58.0%
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 Scottsbluff submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Scottsbluff 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%
$10,310,000
6.5%
$9,520,000
7%
$8,840,000
Alternative Use
Use
Estimation
RETAIL STORES
$5,220,000
Current use
RESTAURANT
$10,660,000
Change: +104% · Conversion: Easy
MEDICAL BUILDING
$9,425,000
Change: +80% · Conversion: Difficult
COMMERCIAL (GENERAL)
$8,250,000
Change: +58% · Conversion: Easy
AUTO REPAIR, GARAGE
$5,535,000
Change: +6% · Conversion: Difficult
WAREHOUSE, STORAGE
$5,320,000
Change: +2% · Conversion: Difficult
Blend value · Realmo final
$8.37M
Range $7.53M – $9.21M · ±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
$96 / 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
$80,130
Tax year 2023
Assessed value
$3,956,846
Assessed 2023
Previous assessed
$3,956,846
+0.0% YoY
Effective rate
2.03%
On assessed value
Assessed land
$901,206
Assessed improvement
$3,055,640
Land market value
$901,206
Improvement market value
$3,055,640
Total market value
$3,956,846
Applied tax rate
71.0000
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
1993
Heating
YES
Cooling
AC.FAN COOLING
Stories
1
Total area
87,054 SF
Lot
8.79 ac (383,004 SF)
Zoning code
03-COMMERCIAL
APN
10300376
UPID
US57-0333214
Jurisdiction
SCOTTS BLUFF
Zoning & alternative use
03-COMMERCIAL · Scottsbluff, NEZoning 03-COMMERCIAL · permitted uses
03-COMMERCIAL · Scottsbluff, NE
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$5.2M
RESTAURANT
Est. value
$10.7M
MEDICAL BUILDING
Est. value
$9.4M
COMMERCIAL (GENERAL)
Est. value
$8.3M
AUTO REPAIR, GARAGE
Est. value
$5.5M
WAREHOUSE, STORAGE
Est. value
$5.3M
RETAIL STORES Current
RESTAURANT
MEDICAL BUILDING
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
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
1993
Heating
YES
Cooling
Yes
Stories
1
Lot
8.79 ac
Current owner
From public records · entity-resolved
DAYTON HUDSON CORP
Entity
Free & Clear · 0 yrs held
Mailing address
PO BOX 9456, MINNEAPOLIS, MN 55440-9456
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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