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    47563 815 Road Ord, NE 68862

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    Claim this Listing
    For Sale
    $1,400,000

    Farm/Estate - Ord, NE

    Type:Farm
    Property size:
    2,572 SF
    Lot size:
    36.22 Acres
    Price / SF:
    $544/SF
    Added:
    Jun 26, 2025
    Days on Market:
    304
    Last Refresh:
    Apr 25 at 12:06 pm

    Property Features for 47563 815 Road

    General Information

    Property type
    Farm
    Property subtype
    Farm
    Bedrooms
    5
    Bathrooms
    3
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Den, Dining Room, Family Room, Kitchen, Living Room
    Parking features
    Garage, Garage - Attached
    Basement Y/N
    1
    Appliances
    Dishwasher, Dryer, Garbage Disposer, Microwave, Refrigerator, Washer
    Standard status
    Active
    Size
    2,572 SF
    Lot size
    36.22 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    6281

    Utilities

    Heating system
    Electric (Heating), Geothermal (Heating)
    Cooling system
    Central Air
    Water front features
    Wfriver, Waterfront
    Water front
    1

    Building Details

    Year built
    1994
    Year renovated
    1994
    Flooring type
    Carpet, Tile
    Building materials
    Log, Log Siding
    Roof type
    Asphalt
    Architectural style
    Other

    We can help!

    Listing Contact
    Steve Wolf

    Listing agent Steve Wolf

    Listing office Wolf, Inc. Auction & Real Estate 1514 L Street, Ord, NE

    Listing date Jun 26, 2025

    MLS# 11531857 Listing URL

    Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Luxury Log Home on Acreage

    Situated on 36 acres, this property features a 5-bedroom, 3.5-bathroom luxury log home. The residence offers approximately a half mile of private river frontage. The property is suited for families, outdoor enthusiasts, equestrian lovers, and those seeking a peaceful rural sanctuary. The home features a covered front porch leading to a great room with a rocked gas fireplace, vaulted ceilings, and expansive windows. The open-concept kitchen includes counter space, a pantry, Kitchenaid appliances, and dining areas. Patio doors provide access to back decks with views of the North Loup River. The main level primary suite includes an ensuite bathroom, closet space, and private deck access. The finished walk-out basement features a family room, multiple bedrooms, a laundry room, and a bonus room with built-in storage. The landscaped yard includes underground sprinklers, mature perennials, garden beds, and trees. The property also offers a two-car attached garage, a horse barn with pens and space for tack and feed, and a 50'x60' metal building suitable for storing boats, ATVs, tractors, or use as a workshop. The property has 2572 square feet of living space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Rex & Deb's Bed & Breakfast

    Suggested Use

    Restaurant Auto Repair Shop Hotel & Motel Bar & Pub Electrical Service Bed & Breakfast Garden Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ord
    County
    Valley
    State
    Nebraska
    Longitude
    -98.94962
    Latitude
    41.641746

    FAQs

    What type of property is this?
    Horse & equestrian property - Nebraska country living with river frontage and equestrian facilities.
    Where is this horse & equestrian property located?
    The property is located at 47563 815 Road Ord, NE.
    What is the asking price?
    The asking price for this property is $1,400,000.
    What are key features of this property?
    This property features: 36‑acre property with approximately a half mile of private river frontage on the North Loup River.; 5‑bedroom luxury log home with high‑end finishes and a focus on natural light and views.; Horse barn with pens and space for tack/feed, ideal for equestrian enthusiasts.
    (308) 728-3101
    We can help!
    Listing Contact
    Steve Wolf
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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