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Property profile & analytics
OFF-MARKET
Estimated value
$505,000
Warehouses
31849 Park Rd, Sutherland, NE 69165-2100
Individually Owned
14-yr Hold
~
Est. High Equity
Property ID
US57-1008044
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2003
Total area
6,000 SF
Lot
2.44 ac (106,286 SF)
Zoning code
COMMERCIAL
APN
0095388.60
UPID
US57-1008044
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
by Request
Blend (final)
Blend
$505k
Owner & transaction history
Terry Martin · 14 yrs held
Terry Martin
since 2011
1 recorded transaction
Zoning & alternative use
COMMERCIAL · Sutherland, NE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$770,000
+66.0%
Restaurant
$650,000
+40.2%
Industrial (general)
$560,000
+20.6%
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 Sutherland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sutherland 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
$465,000
Current use
COMMERCIAL (GENERAL)
$770,000
Change: +66% · Conversion: Difficult
RESTAURANT
$650,000
Change: +40% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$560,000
Change: +21% · Conversion: Easy
MEDICAL BUILDING
$505,000
Change: +9% · Conversion: Difficult
AUTO REPAIR, GARAGE
$405,000
Change: -13% · Conversion: Easy
RETAIL STORES
$380,000
Change: -18% · Conversion: Moderate
Blend value · Realmo final
$505k
Range $455k – $556k · ±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
$84 / 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
$5,102
Tax year 2023
Assessed value
$377,593
Assessed 2023
Previous assessed
$377,593
+0.0% YoY
Effective rate
1.35%
On assessed value
Assessed land
$40,040
Assessed improvement
$337,553
Land market value
$40,040
Improvement market value
$337,553
Total market value
$377,593
Applied tax rate
433.0000
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
2003
Stories
1
Total area
6,000 SF
Lot
2.44 ac (106,286 SF)
Zoning code
COMMERCIAL
APN
0095388.60
UPID
US57-1008044
Jurisdiction
LINCOLN
Zoning & alternative use
COMMERCIAL · Sutherland, NE
Zoning COMMERCIAL · permitted uses
COMMERCIAL · Sutherland, NE
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sutherland. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$465,000
COMMERCIAL (GENERAL)
Est. value
$770,000
RESTAURANT
Est. value
$650,000
INDUSTRIAL (GENERAL)
Est. value
$560,000
MEDICAL BUILDING
Est. value
$505,000
AUTO REPAIR, GARAGE
Est. value
$405,000
RETAIL STORES
Est. value
$380,000
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
RESTAURANT
INDUSTRIAL (GENERAL)
MEDICAL BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
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
2003
Stories
1
Lot
2.44 ac
Current owner
From public records · entity-resolved
Terry Martin
Individual
Mailing address
222 N MORLAN AVE, HOLYOKE, CO 80734-1034
Ownership since
2011
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
Aug 4, 2011
$165,000
Terry Martin
Hershey State Bank
Warranty Deed
$115,000 · Premier Farm Credit Pca
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
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