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    502 Locust St Thedford, NE 69166

    For Sale
    $50,000

    Vacant Land - Thedford, NE

    Days on Market:
    26
    Last Refresh:
    Dec 7 at 4:06 pm

    Property Features for 502 Locust St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    100
    APN
    860029150
    Parking features
    Garage

    Building Details

    Architectural style
    Other

    Nebraska Land Brokers, LLC

    Listing agent Duane McClain 308532LAND

    Listing date Nov 12, 2025

    MLS# 11605574 Listing URL

    Copyright © 2025 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

    Vacant Land on Highway 2

    Located at 502 Locust Street in Thedford, Nebraska, this property presents an opportunity to purchase a 2,912 sq ft lot with frontage on Highway 2. The property includes a small portable building that was being renovated into a tiny home. The sale includes the portable building and all construction materials currently located within it. Real estate taxes for 2024, paid in 2025, amounted to $26.42.
    Property Profile Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Restaurant Hotel & Motel Auto Parts Store Spa & Massage Clothing Store Food Market Accounting Firm Grocery Store Discount Store Electrical Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Thedford
    County
    Thomas
    State
    Nebraska
    Longitude
    -100.571611
    Latitude
    41.978254

    FAQs

    What type of property is this?
    Land - 2,912 sq ft lot with Highway 2 frontage.
    Where is this land located?
    The property is located at 502 Locust St Thedford, NE.
    What is the asking price?
    The asking price for this property is $50,000.
    What are key features of this property?
    This property features: - Highway 2 Frontage: Offers high visibility and accessibility; - 2,912 sq ft Lot: Provides a manageable space; - Includes Portable Building: A structure already on the property
    308532
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    Thedford, NE 69166
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    Realmo Value Estimation

    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.

    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.

    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
    502 Locust St Thedford, NE 69166
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