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Property profile & analytics
OFF-MARKET
Estimated value
$545,000
Warehouses
7615 Hwy 50 Weeping Water, NE 68463-1815
Entity Owned
5-yr Hold
Free & Clear
Property ID
US57-0387988
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2016
Total area
4,800 SF
Lot
1.69 ac (73,616 SF)
Zoning code
03-COMMERCIAL
APN
130125709
UPID
US57-0387988
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
$535k
CAP Approach
CAP
$630k
Comparable Approach
Comparable
$563k
Blend (final)
Blend
$545k
Owner & transaction history
Wipf Equipment Leasing LLC · 5 yrs held
Wipf Equipment Leasing LLC
since 2020
Last sale
$475,000
3 recorded transactions
Zoning & alternative use
03-COMMERCIAL · Weeping Water, NE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
TABLE OF CONTENTS
Top alternative use upside
Office building
$870,000
+121.2%
Commercial (general)
$560,000
+41.8%
Retail stores
$555,000
+40.6%
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 Weeping Water submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Weeping Water 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
$585,000
ML approach
$535,000
CAP Approach
CAP Return
Estimation
6%
$680,000
6.5%
$630,000
7%
$585,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$395,000
Current use
OFFICE BUILDING
$870,000
Change: +121% · Conversion: Difficult
COMMERCIAL (GENERAL)
$560,000
Change: +42% · Conversion: Difficult
RETAIL STORES
$555,000
Change: +41% · Conversion: Moderate
AUTO REPAIR, GARAGE
$465,000
Change: +18% · Conversion: Easy
Blend value · Realmo final
$545k
Range $491k – $600k · ±10% · vs last sale $475k (Sep 9 2020)
Last sale anchor
$475k
Sep 9 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
$114 / 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
$6,641
Tax year 2023
Assessed value
$413,820
Assessed 2023
Previous assessed
$413,820
+0.0% YoY
Effective rate
1.60%
On assessed value
Assessed land
$63,215
Assessed improvement
$350,605
Land market value
$63,215
Improvement market value
$350,605
Total market value
$413,820
Applied tax rate
206.0000
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
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2016
Heating
NONE
Buildings
2
Total area
4,800 SF
Lot
1.69 ac (73,616 SF)
Zoning code
03-COMMERCIAL
APN
130125709
UPID
US57-0387988
Jurisdiction
CASS
Zoning & alternative use
03-COMMERCIAL · Weeping Water, NEZoning 03-COMMERCIAL · permitted uses
03-COMMERCIAL · Weeping Water, NE
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
TABLE OF CONTENTS
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$395,000
OFFICE BUILDING
Est. value
$870,000
COMMERCIAL (GENERAL)
Est. value
$560,000
RETAIL STORES
Est. value
$555,000
AUTO REPAIR, GARAGE
Est. value
$465,000
WAREHOUSE, STORAGE Current
OFFICE BUILDING
COMMERCIAL (GENERAL)
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
2016
Heating
NONE
Buildings
2
Lot
1.69 ac
Current owner
From public records · entity-resolved
Wipf Equipment Leasing LLC
Entity
Free & Clear · 5 yrs held
Mailing address
19302 BLAINE ST OMAHA NE, WEEPING WATER, NE 68463
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 9, 2020
$475,000
Wipf Equipment Leasing LLC
Advantage Investment Properties LLC
Warranty Deed
—
Jun 3, 2016
—
Advantage Investment Properties LLC
—
Deed
related
$248,000 · Pinnacle Bank
Oct 10, 2006
$130,000
Meyer Properties LLC
Weeping Water LLC
Assessor Sales History
—
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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