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Property profile & analytics
OFF-MARKET
Estimated value
$520,000
Turn key restaurants
511 27th St Scottsbluff, NE 69361-4313
Entity Owned
~
Est. High Equity
Property ID
US57-0336899
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1973
Total area
3,093 SF
Lot
0.73 ac (31,638 SF)
Zoning code
03-COMMERCIAL
APN
10229728
UPID
US57-0336899
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
-
Wallspace Indoor Billboards Film Production Television Studio
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$520k
Owner & transaction history
Bkcd LLC
Bkcd LLC
since 2025
Last sale
$419,000
5 recorded transactions
Zoning & alternative use
03-COMMERCIAL · Scottsbluff, NE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$380,000
Current use
MEDICAL BUILDING
$335,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$520k
Range $468k – $572k · ±10% · vs last sale $419k (Jul 27 2025)
Last sale anchor
$419k
Jul 27 2025
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
$168 / 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
$4,581
Tax year 2023
Assessed value
$226,212
Assessed 2023
Previous assessed
$226,212
+0.0% YoY
Effective rate
2.03%
On assessed value
Assessed land
$126,552
Assessed improvement
$99,660
Land market value
$126,552
Improvement market value
$99,660
Total market value
$226,212
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1973
Heating
PACKAGE
Cooling
AC.FAN COOLING
Stories
1
Total area
3,093 SF
Lot
0.73 ac (31,638 SF)
Zoning code
03-COMMERCIAL
APN
10229728
UPID
US57-0336899
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
RESTAURANT Current
Est. value
$380,000
MEDICAL BUILDING
Est. value
$335,000
RESTAURANT Current
MEDICAL BUILDING
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
1973
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
0.73 ac
Current owner
From public records · entity-resolved
Bkcd LLC
Entity
Mailing address
214 BRAZILIAN AVE STE #212, PALM BEACH, FL 33480-4676
Ownership since
2025
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
Oct 27, 2025
$419,000
Bkcd LLC
Qm Scottsbluff LLC
Special Warranty Deed
$314,250 · Platte Valley Bank
Nov 18, 2021
$650,000
Qm Scottsbluff LLC
Plahe Valley Professional Ctr West
Special Warranty Deed
—
Nov 15, 2021
—
Platte Valley Professional Ctr West
1031 Corporation
Quit Claim Deed
related
—
Oct 16, 2019
$450,000
1031 Corp
Dry Pine Bay Land Co LLC
Warranty Deed
—
Aug 30, 2019
$450,000
Platte Valley Prof Ctr W
Dry Pine Land Company 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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