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Property profile & analytics
OFF-MARKET
Estimated value
$655,000
Warehouses
560 Clark Ave Elm Creek, NE 68836-7668
Entity Owned
Free & Clear
Property ID
US57-0856964
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1925
Construction
STEEL FRAME
Total area
5,995 SF
Lot
3.92 ac (170,755 SF)
Zoning code
05-AGRICULTURAL
APN
500261000
UPID
US57-0856964
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
-
Fifty Three Diesel Car Dealership Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$725k
Comparable Approach
Comparable
$589k
Blend (final)
Blend
$655k
Owner & transaction history
OURADA, FLORALEE M OF HIS & HERSUST TR
OURADA, FLORALEE M OF HIS & HERSUST TR
Zoning & alternative use
05-AGRICULTURAL · Elm Creek, NE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$750,000
+55.2%
Office building
$745,000
+53.9%
Commercial (general)
$660,000
+36.6%
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 Elm Creek submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Elm Creek 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%
$785,000
6.5%
$725,000
7%
$675,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$485,000
Current use
RESTAURANT
$750,000
Change: +55% · Conversion: Difficult
OFFICE BUILDING
$745,000
Change: +54% · Conversion: Difficult
COMMERCIAL (GENERAL)
$660,000
Change: +37% · Conversion: Difficult
MEDICAL BUILDING
$650,000
Change: +34% · Conversion: Difficult
RETAIL STORES
$565,000
Change: +17% · Conversion: Moderate
AUTO REPAIR, GARAGE
$505,000
Change: +5% · Conversion: Easy
Blend value · Realmo final
$655k
Range $590k – $721k · ±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
$109 / 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
$10,113
Tax year 2023
Assessed value
$684,365
Assessed 2023
Previous assessed
$597,330
+14.6% YoY
Effective rate
1.48%
On assessed value
Assessed land
$39,180
Assessed improvement
$645,185
Land market value
$39,180
Improvement market value
$645,185
Total market value
$684,365
Applied tax rate
645.0000
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
1925
Construction
STEEL FRAME
Heating
SPACE
Buildings
8
Stories
1
Total area
5,995 SF
Lot
3.92 ac (170,755 SF)
Zoning code
05-AGRICULTURAL
APN
500261000
UPID
US57-0856964
Jurisdiction
BUFFALO
Zoning & alternative use
05-AGRICULTURAL · Elm Creek, NEZoning 05-AGRICULTURAL · permitted uses
05-AGRICULTURAL · Elm Creek, 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
$485,000
RESTAURANT
Est. value
$750,000
OFFICE BUILDING
Est. value
$745,000
COMMERCIAL (GENERAL)
Est. value
$660,000
MEDICAL BUILDING
Est. value
$650,000
RETAIL STORES
Est. value
$565,000
AUTO REPAIR, GARAGE
Est. value
$505,000
WAREHOUSE, STORAGE Current
RESTAURANT
OFFICE BUILDING
COMMERCIAL (GENERAL)
MEDICAL BUILDING
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
1925
Construction
STEEL FRAME
Heating
SPACE
Stories
1
Buildings
8
Lot
3.92 ac
Current owner
From public records · entity-resolved
OURADA, FLORALEE M OF HIS & HERSUST TR
Individual
Free & Clear · 0 yrs held
Mailing address
PO BOX 257, ELM CREEK, NE 68836-0257
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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