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Residential Lot in Hallam, NE
For Sale
$65,000

551 Railroad Street, Hallam, NE 68368

LAND - Hallam, NE

Property SizeContact for details
Lot Size0.26 Acres
Days on Market106

Property Features for 551 Railroad Street

General Information

Property type Land
Property subtype Other
Subdivision HALLAM NEW
Elementary school Crete
Middle school Crete
High school Crete
Elementary school district Crete
Middle school district Crete
High school district Crete
Directions Hwy 77 to Hallam Rd. Go West on Hallam Rd. Turn left (south) on S Front St. This will lead directly into the subdivision. Lots on are located on both sides of the street on Railroad St and S Front St.
Standard status Active
APN 07-31-226-010-000
Lot size 0.26 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description LOUIS CARL ESTATES 1ST ADDITION, BLOCK 1, Lot 10
Tax Annual Amount 778
HOA Fee $100 Annually
Legal Description LOUIS CARL ESTATES 1ST ADDITION, BLOCK 1, Lot 10
Listing Agency: BancWise Realty
Listed By: Shanna Gibson · License #20180548
Added: Apr 28 Changed: Jul 14 Last Checked: Aug 11 at 11:06PM
MLS# 22611426

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

Investment Insights

Based on property information with market context.

Located in the Village of Hallam, this residential lot offers a peaceful setting within the newer Louis Carl Estates development. The 0.26-acre lot is suitable for building a dream home away from the city's hustle and bustle. This lot is not attached to a builder, offering flexibility in construction. The property features a flat or reverse grade. Note that a railroad track is present, used for storing train cars that are occasionally moved.

Key Highlights

  • Build your dream home on this lot.
  • Located in the newer Louis Carl Estates development.
  • Not attached to a builder, giving you freedom.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Plumbing Service Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

27
Businesses Nearby

Demographics for 68368, NE

574
Population
166
Households
3.5
Avg Household Size
40
Median Age
34%
College-Educated
96%
High-School Grad
37.8 sq mi
ZIP Area
15
Density / Sq Mi
$109,688
Median Household Income
$54,063
Median Earnings
$983
Median Rent
$277,900
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Land - Residential lot in Hallam, NE, build your dream home.
Where is this land located?
The property is located at 551 Railroad Street Hallam, NE.
What is the asking price?
The asking price for this property is $65,000.
What are key features of this property?
This property features: Build your dream home on this lot.; Located in the newer Louis Carl Estates development.; Not attached to a builder, giving you freedom.
More about this property
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