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    Property profile & analytics

    112 2nd St Wayne, NE 68787-1956

    • Office buildings
    • 2,350 SF
    • 0.07 lot acres
    OFF-MARKET
    Value Estimation
    $235,000
    Location Intelligence
    Property ID
    US57-0796930
    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

    • Thurston PC / Cell Phone Store / Computer Repair Service
    • Shear Designs / Beauty Salon / Hair Care
    • State National Insurance / Insurance Agency
    • Wild Moon LLC / Massage Therapist / Permanent Make-Up Clinic
    • Network and Computing Solutions / Computer Consultant

    Property Details for 112 2nd St

    Year built
    1963
    Lot size
    0.07 lot acres
    Property size
    2,350 SF
    Zone code
    03-COMMERCIAL
    Property type
    Office buildings
    APN
    0002750.00
    APU
    275000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Wayne
    County
    Wayne
    State
    Nebraska
    Longitude
    -97.0187
    Latitude
    42.2306

    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
    $1,722
    $5,750
    $95,490
    $101,240
    -
    $5,750
    $95,490
    $101,240

    Comparable in this City

    • Value Estimation by Request
      1,634 SF

      305 Main St

      OFFICE BUILDING • 1,634 SF
      305 Main St, Wayne, NE 68787-1925
      View Details
    • Value Estimation by Request
      1,143 SF

      110 2nd St

      OFFICE BUILDING • 1,143 SF
      110 2nd St, Wayne, NE 68787-1913
      View Details
    • Value Estimation by Request
      3,000 SF

      218 Main St

      OFFICE BUILDING • 3,000 SF
      218 Main St, Wayne, NE 68787-1941
      View Details
    • Value Estimation by Request
      1,536 SF

      100 Pearl St

      OFFICE BUILDING • 1,536 SF
      100 Pearl St, Wayne, NE 68787-1936
      View Details
    • Value Estimation by Request
      1,092 SF

      108 1st St

      OFFICE BUILDING • 1,092 SF
      108 1st St, Wayne, NE 68787-1911
      View Details
    • Value Estimation by Request
      1,500 SF

      108 3rd St

      OFFICE BUILDING • 1,500 SF
      108 3rd St, Wayne, NE 68787-1915
      View Details
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    112 2nd St
    Wayne, NE 68787-1956
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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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