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    Property profile & analytics

    109 Spruce St Colon, NE 68018-4090

    • Commercial real estate
    • 0.08 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US57-0047565
    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

    • Commercial real estate

    Property Details for 109 Spruce St

    Year built
    2018
    Lot size
    0.08 lot acres
    Zone code
    COMMERCIAL
    Property type
    Commercial real estate
    APN
    5322500
    APU
    5322500

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Colon
    County
    Saunders
    State
    Nebraska
    Longitude
    -96.609
    Latitude
    41.2972
    CBSA code
    36540
    CBSA name
    OMAHA-COUNCIL BLUFFS, NE-IA METROPOLITAN 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
    $151
    $3,136
    $5,806
    $8,942
    -
    $3,136
    $5,806
    $8,942

    Comparable in this City

    • Value Estimation by Request
      2.00 Acres

      2311 County Rd 20

      COMMERCIAL (GENERAL) • 2.00 Acres
      2311 County Rd 20, Colon, NE 68018
      View Details
    • Value Estimation by Request
      0.02 Acres

      Colon, NE 68018

      COMMERCIAL (GENERAL) • 0.02 Acres
      Colon, NE 68018
      View Details
    • Value Estimation by Request
      3,000 SF

      118 Spruce St

      COMMERCIAL (GENERAL) • 3,000 SF
      118 Spruce St, Colon, NE 68018-4090
      View Details
    • Value Estimation by Request
      5,000 SF

      125 Spruce St

      MINI-WAREHOUSE, STORAGE • 5,000 SF
      125 Spruce St, Colon, NE 68018
      View Details
    • Value Estimation
      $260,000
      2,590 SF

      117 Spruce St

      BAR, TAVERN • 2,590 SF
      117 Spruce St, Colon, NE 68018-4090
      View Details
    • Value Estimation by Request

      116 Spruce St

      VACANT COMMERCIAL LAND
      116 Spruce St, Colon, NE 68018-4090
      View Details

    Similar Nearby for Sale

    • $290,000
      20.00 Acres

      Land For Sale in Colon

      20 acre agricultural land available in Saunders County, Nebraska.
      3 County Rd P & County Rd, Colon, NE 68018
      View Details
    • $390,000
      33.00 Acres

      33 Acres of Nebraska Land

      33 acres of land for sale in Colon, Nebraska.
      1 County Rd P & County Rd, Colon, NE 68018
      View Details
    • New
      $160,000

      6.61 Acre Wooded Land

      6.61 acre wooded sanctuary with Silver Creek.
      2095 County Road 14, Colon, NE 68018
      View Details
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    109 Spruce St
    Colon, NE 68018-4090
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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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