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Property profile & analytics
OFF-MARKET
Estimated value
$1,320,000
Warehouses
1646 County Rd R R Colon, NE 68018-4060
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US57-0408278
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2018
Total area
10,500 SF
Lot
20 ac (871,200 SF)
Zoning code
COMMERCIAL
APN
2263501
UPID
US57-0408278
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
by Request
Comparable Approach
Comparable
$1.35M
Blend (final)
Blend
$1.32M
Owner & transaction history
Store Capital Acquisitions LLC · 1 yrs held
Store Capital Acquisitions LLC
since 2024
5 recorded transactions
Zoning & alternative use
COMMERCIAL · Colon, NE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.8M
+111.1%
Commercial (general)
$1.5M
+81.1%
Auto repair, garage
$1.1M
+35.5%
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 Colon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Colon 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$835,000
Current use
OFFICE BUILDING
$1,765,000
Change: +111% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,510,000
Change: +81% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,130,000
Change: +36% · Conversion: Easy
RETAIL STORES
$1,095,000
Change: +31% · Conversion: Moderate
RESTAURANT
$1,050,000
Change: +26% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,025,000
Change: +23% · Conversion: Difficult
Blend value · Realmo final
$1.32M
Range $1.19M – $1.45M · ±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
$126 / 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
$27,623
Tax year 2023
Assessed value
$2,084,245
Assessed 2023
Previous assessed
$2,084,245
+0.0% YoY
Effective rate
1.33%
On assessed value
Assessed land
$77,536
Assessed improvement
$2,006,709
Land market value
$77,536
Improvement market value
$2,006,709
Total market value
$2,084,245
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
2018
Heating
NONE
Buildings
5
Stories
1
Total area
10,500 SF
Lot
20 ac (871,200 SF)
Zoning code
COMMERCIAL
APN
2263501
UPID
US57-0408278
Jurisdiction
SAUNDERS
Zoning & alternative use
COMMERCIAL · Colon, NEZoning COMMERCIAL · permitted uses
COMMERCIAL · Colon, 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
WAREHOUSE, STORAGE Current
Est. value
$835,000
OFFICE BUILDING
Est. value
$1.8M
COMMERCIAL (GENERAL)
Est. value
$1.5M
AUTO REPAIR, GARAGE
Est. value
$1.1M
RETAIL STORES
Est. value
$1.1M
RESTAURANT
Est. value
$1.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.0M
WAREHOUSE, STORAGE Current
OFFICE BUILDING
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
RETAIL STORES
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
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
2018
Heating
NONE
Stories
1
Buildings
5
Lot
20 ac
Current owner
From public records · entity-resolved
Store Capital Acquisitions LLC
Entity
Free & Clear · 1 yrs held
Mailing address
3420 E HARMONY RD STE #122, FORT COLLINS, CO 80528-8655
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 13, 2024
—
Store Capital Acquisitions LLC
Novus Ag LLC
Special Warranty Deed
—
Jul 10, 2017
—
Gfg Ag Services LLC
—
Deed
related
$112,000,000 · Farm Credit Svcs
Nov 6, 2009
—
Mann Agriculture Supply, INC.
Cynthia M Bartek
Warranty Deed
—
—
—
Gfg Ag Services LLC
—
Loan Modification
related
$112,000,000 · Farm Credit Svcs
—
—
Gfg Ag Services LLC
—
Loan Modification
related
$112,000,000 · Farm Credit Svcs
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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