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Property profile & analytics
OFF-MARKET
Estimated value
$620,000
Commercial real estate
851 Hwy 92 Palmer, NE 68864-1125
Individually Owned
Free & Clear
Property ID
US57-0737315
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2014
Total area
7,200 SF
Lot
5 ac (217,800 SF)
Zoning code
03-COMMERCIAL
APN
0004234.01
UPID
US57-0737315
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$620k
Owner & transaction history
Central Valley Ag Cooperative
Central Valley Ag Cooperative
since 2025
2 recorded transactions
Zoning & alternative use
03-COMMERCIAL · Palmer, NE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$760,000
+33.8%
Retail stores
$730,000
+28.8%
Industrial (general)
$625,000
+10.1%
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 Palmer submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Palmer 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
COMMERCIAL (GENERAL)
$565,000
Current use
WAREHOUSE, STORAGE
$760,000
Change: +34% · Conversion: Difficult
RETAIL STORES
$730,000
Change: +29% · Conversion: Easy
INDUSTRIAL (GENERAL)
$625,000
Change: +10% · Conversion: Moderate
Blend value · Realmo final
$620k
Range $558k – $682k · ±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
$86 / 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
$6,407
Tax year 2023
Assessed value
$564,300
Assessed 2023
Previous assessed
$564,300
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$39,205
Assessed improvement
$525,095
Land market value
$39,205
Improvement market value
$525,095
Total market value
$564,300
Applied tax rate
141.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2014
Buildings
2
Stories
1
Total area
7,200 SF
Lot
5 ac (217,800 SF)
Zoning code
03-COMMERCIAL
APN
0004234.01
UPID
US57-0737315
Jurisdiction
MERRICK
Zoning & alternative use
03-COMMERCIAL · Palmer, NE
Zoning 03-COMMERCIAL · permitted uses
03-COMMERCIAL · Palmer, NE
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Palmer. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$565,000
WAREHOUSE, STORAGE
Est. value
$760,000
RETAIL STORES
Est. value
$730,000
INDUSTRIAL (GENERAL)
Est. value
$625,000
COMMERCIAL (GENERAL) Current
WAREHOUSE, STORAGE
RETAIL STORES
INDUSTRIAL (GENERAL)
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
Stories
1
Buildings
2
Lot
5 ac
Current owner
From public records · entity-resolved
Central Valley Ag Cooperative
Individual
Free & Clear · 0 yrs held
Mailing address
PO BOX 64101, SAINT PAUL, MN 55164-0101
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 18, 2025
$350,000
Central Valley Ag Cooperative
Winfield Solutions LLC
Warranty Deed
—
Aug 4, 2014
$125,000
Winfield Solutions LLC
Brian L Blauhorn
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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