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Property profile & analytics
OFF-MARKET
Estimated value
$660,000
Warehouses
402 Airport Rd, Mccook, NE 69001-9733
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US57-0493329
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2014
Total area
11,840 SF
Lot
6.06 ac (263,974 SF)
Zoning code
03-COMMERCIAL
APN
1020001
UPID
US57-0493329
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
$820k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$660k
Owner & transaction history
Southwest Building INC · 6 yrs held
Southwest Building INC
since 2020
Last sale
$565,000
3 recorded transactions
Zoning & alternative use
03-COMMERCIAL · Mccook, NE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.0M
+11.6%
Retail stores
$970,000
+5.4%
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 Mccook submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mccook 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
$695,000
ML approach
$820,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$920,000
Current use
RESTAURANT
$1,025,000
Change: +12% · Conversion: Difficult
RETAIL STORES
$970,000
Change: +5% · Conversion: Moderate
AUTO REPAIR, GARAGE
$870,000
Change: -5% · Conversion: Easy
Blend value · Realmo final
$660k
Range $594k – $726k · ±10% · vs last sale $565k (Apr 10 2020)
Last sale anchor
$565k
Apr 10 2020
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
$56 / 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
$9,643
Tax year 2023
Assessed value
$585,734
Assessed 2023
Previous assessed
$557,800
+5.0% YoY
Effective rate
1.65%
On assessed value
Assessed land
$62,342
Assessed improvement
$523,392
Land market value
$62,342
Improvement market value
$523,392
Total market value
$585,734
Applied tax rate
80.0000
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
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2014
Heating
SPACE
Buildings
5
Stories
1
Total area
11,840 SF
Lot
6.06 ac (263,974 SF)
Zoning code
03-COMMERCIAL
APN
1020001
UPID
US57-0493329
Jurisdiction
RED WILLOW
Zoning & alternative use
03-COMMERCIAL · Mccook, NE
Zoning 03-COMMERCIAL · permitted uses
03-COMMERCIAL · Mccook, NE
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mccook. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$920,000
RESTAURANT
Est. value
$1.0M
RETAIL STORES
Est. value
$970,000
AUTO REPAIR, GARAGE
Est. value
$870,000
WAREHOUSE, STORAGE Current
RESTAURANT
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
2014
Heating
SPACE
Stories
1
Buildings
5
Lot
6.06 ac
Current owner
From public records · entity-resolved
Southwest Building INC
Entity
Mailing address
308 AIRPORT RD, MCCOOK, NE 69001-9747
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 1, 2022
—
Red Willow Aviation & Spraying INC
—
Deed
related
$2,600,000 · Nebraskaland Bank
Dec 15, 2020
—
Red Willow Aviation & Spraying INC
—
Deed
related
$565,000 · Adams Bank & Trust
Apr 10, 2020
$538,000
Southwest Building INC
Winfield Solutions LLC
Warranty 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.
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