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    Property profile & analytics

    109 Commercial St Palmer, NE 68864-2412

    • Day care centers
    • 2,560 SF
    • 1.15 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US57-0601624
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Palmer Child Care / Day Care Center / Educational Institution

    Property Details for 109 Commercial St

    Year built
    2008
    Lot size
    1.15 lot acres
    Property size
    2,560 SF
    Zone code
    03-COMMERCIAL
    Property type
    Day care centers
    APN
    0006240.00
    APU
    624000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Palmer
    County
    Merrick
    State
    Nebraska
    Longitude
    -98.2687
    Latitude
    41.2217
    CBSA code
    24260
    CBSA name
    GRAND ISLAND, NE MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $0.00
    $0.00
    $0.00
    $0.00
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      1,372 SF

      908 Rollins Ave

      DAY CARE, PRE-SCHOOL • 1,372 SF
      908 Rollins Ave, Palmer, NE 68864-1464
      View Details
    • Value Estimation
      $430,000
      1,760 SF

      Palmer, NE 68864

      VETERINARY, ANIMAL HOSPITAL • 1,760 SF
      Palmer, NE 68864
      View Details
    • Value Estimation by Request
      3,580 SF

      802 Templin St

      FUNERAL HOME • 3,580 SF
      802 Templin St, Palmer, NE 68864-1418
      View Details
    • Value Estimation by Request
      0.05 Acres

      Palmer, NE 68864

      VACANT COMMERCIAL LAND • 0.05 Acres
      Palmer, NE 68864
      View Details
    • Value Estimation by Request
      1,428 SF

      812 Commercial St

      RETAIL STORES (PERSONAL SERVICES) • 1,428 SF
      812 Commercial St, Palmer, NE 68864-2428
      View Details
    • Value Estimation by Request
      3,000 SF

      Palmer, NE 68864

      MINI-WAREHOUSE, STORAGE • 3,000 SF
      Palmer, NE 68864
      View Details
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    109 Commercial St
    Palmer, NE 68864-2412
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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
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