Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    414 6th St North Platte, NE 69101-4135
    Back to Search
    Property profile & analytics

    414 6th St, North Platte, NE 69101-4135

    View on Map
    • Residential income homes
    • 16,980 SF
    • 0.50 lot acres
    Off-Market
    Property ID
    US57-0909250
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • The Connection / Charitable Organization / Social Service Agency

    Property Details for 414 6th St

    Year built
    2009
    Lot size
    0.50 lot acres
    Property type
    Residential income homes
    Property subtype
    Small apartment buildings
    APN
    0042901.25
    APU
    4290125

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    North Platte
    County
    Lincoln
    State
    Nebraska
    Longitude
    -100.758
    Latitude
    41.1376
    CBSA code
    35820
    CBSA name
    NORTH PLATTE, NE MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $0.00
    $0.00
    $0.00
    $0.00
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $540,000
      3,024 SF

      12 2n

      APARTMENT HOUSE (UNDER 5 UNITS)
      12 2n, North Platte, NE 69101
      View Details
    • Value Estimation by Request
      6,016 SF

      Jeffers

      APARTMENT HOUSE (UNDER 5 UNITS)
      Jeffers, North Platte, NE 69101
      View Details
    • Value Estimation by Request
      1,161 SF

      515 6th St

      APARTMENT HOUSE (UNDER 5 UNITS)
      515 6th St, North Platte, NE 69101-7070
      View Details
    • Value Estimation by Request
      3,840 SF

      202 Francis St, Unit 210

      APARTMENT HOUSE (UNDER 5 UNITS)
      202 Francis St, North Platte, NE 69101-6013
      View Details
    • Value Estimation by Request
      1,392 SF

      520-520 1st 1048th 9th W

      APARTMENT HOUSE (UNDER 5 UNITS)
      520-520 1st 1048th 9th W, North Platte, NE 69101
      View Details
    • Value Estimation by Request
      3,400 SF

      118 Willow St

      APARTMENT HOUSE (UNDER 5 UNITS)
      118 Willow St, North Platte, NE 69101-5146
      View Details

    Similar Nearby for Sale

    • $328,000
      30.03 Acres

      North Platte Vacant Land Opportunity

      30-acre development or recreational land in North Platte, Nebraska.
      North Platte, NE 69101
      View Details
    • $3,825,000
      6.75 Acres

      Highway 83 Vacant Land Opportunity

      6.75 acres of land near Highway 83 in North Platte.
      200 College Dr, North Platte, NE 69101
      View Details
    • Contact for pricing

      North Platte Commercial Land Opportunity

      1.43 acre commercial land for sale in North Platte.
      2975 E Walker Rd, North Platte, NE 69101
      View Details
    • Contact for pricing

      Commercial Land Ready for Development

      Shovel-ready commercial land with excellent access and visibility.
      509-511 Poplar St N, North Platte, NE 69101
      View Details
    • $209,200
      10.46 Acres

      North Platte Vacant Land Opportunity

      10.46 acres ideal for residential or light commercial development.
      State Farm Rd Short Acreage East, North Platte, NE 69101
      View Details
    • $394,200
      19.71 Acres

      North Platte Vacant Land Opportunity

      19.71 acres of land ideal for development in North Platte.
      State Farm Rd Long Acreage West, North Platte, NE 69101
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,974 SF

      Retail Space in North Platte

      Retail property available for lease in North Platte, Nebraska.
      1000 S Dewey St, North Platte, NE 69101
      View Details
    • Contact for pricing

      Industrial Space with Dock Doors

      Warehouse with dock doors and office space for lease.
      905 Prospect Dr, North Platte, NE 69101
      View Details
    • Contact for pricing
      5,179 SF

      Downtown Commercial Space Available

      5,179 SF commercial space in downtown North Platte.
      301 N Bailey Ave N, Platte, NE 69101
      View Details
    • Contact for pricing

      Land For Rent North Platte

      Land available for rent in North Platte, Nebraska.
      511 E Francis St, North Platte, NE 69101
      View Details
    • Contact for pricing
      4,000 SF

      Versatile Commercial Building For Rent

      4,000 sq ft commercial building in prime location.
      1820 E Philip Ave, North Platte, NE 69101
      View Details
    • Contact for pricing
      2,040 SF

      Versatile Retail Space Available

      2,040 SF retail space with storage and restrooms.
      1320 S Cottonwood St N, Platte, NE 69101
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    414 6th St
    North Platte, NE 69101-4135
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    414 6th St, North Platte, NE, 69101
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!