Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$765,000
Warehouses
Pickrell, NE 68422
Individually Owned
11-yr Hold
Free & Clear
Property ID
US57-0946781
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1990
Construction
FRAME
Total area
7,392 SF
Lot
1.84 ac (80,150 SF)
Zoning code
03-COMMERCIAL
APN
8066100
UPID
US57-0946781
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
$515k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.02M
Blend (final)
Blend
$765k
Owner & transaction history
Farmers Cooperative · 11 yrs held
Farmers Cooperative
since 2014
2 recorded transactions
Zoning & alternative use
03-COMMERCIAL · Pickrell, NE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$950,000
+42.6%
Restaurant
$855,000
+28.1%
Retail stores
$710,000
+6.6%
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 Pickrell submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pickrell 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
$515,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$665,000
Current use
OFFICE BUILDING
$950,000
Change: +43% · Conversion: Difficult
RESTAURANT
$855,000
Change: +28% · Conversion: Difficult
RETAIL STORES
$710,000
Change: +7% · Conversion: Moderate
COMMERCIAL (GENERAL)
$665,000
Change: 0% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$650,000
Change: -3% · Conversion: Easy
AUTO REPAIR, GARAGE
$610,000
Change: -8% · Conversion: Easy
Blend value · Realmo final
$765k
Range $689k – $842k · ±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
$103 / 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
$25,249
Tax year 2023
Assessed value
$1,383,575
Assessed 2023
Previous assessed
$1,383,575
+0.0% YoY
Effective rate
1.82%
On assessed value
Assessed land
$5,890
Assessed improvement
$1,377,685
Land market value
$5,890
Improvement market value
$1,377,685
Total market value
$1,383,575
Applied tax rate
153.0000
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
1990
Construction
FRAME
Buildings
3
Stories
1
Total area
7,392 SF
Lot
1.84 ac (80,150 SF)
Zoning code
03-COMMERCIAL
APN
8066100
UPID
US57-0946781
Jurisdiction
GAGE
Zoning & alternative use
03-COMMERCIAL · Pickrell, NE
Zoning 03-COMMERCIAL · permitted uses
03-COMMERCIAL · Pickrell, NE
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pickrell. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$665,000
OFFICE BUILDING
Est. value
$950,000
RESTAURANT
Est. value
$855,000
RETAIL STORES
Est. value
$710,000
COMMERCIAL (GENERAL)
Est. value
$665,000
INDUSTRIAL (GENERAL)
Est. value
$650,000
AUTO REPAIR, GARAGE
Est. value
$610,000
WAREHOUSE, STORAGE Current
OFFICE BUILDING
RESTAURANT
RETAIL STORES
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
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
1990
Construction
FRAME
Stories
1
Buildings
3
Lot
1.84 ac
Current owner
From public records · entity-resolved
Farmers Cooperative
Individual
Free & Clear · 11 yrs held
Mailing address
208 W DEPOT ST, DORCHESTER, NE 68343-2375
Ownership since
2014
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
Sep 15, 2016
—
Farmers Cooperative
—
Deed
related
—
Oct 2, 2014
$1,529,000
Farmers Cooperative
Firth Cooperative Co
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Own this property?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
