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    Property profile & analytics

    120 2nd St Springfield, NE 68059

    • Office buildings
    • 1,632 SF
    • 0.11 lot acres
    OFF-MARKET
    Value Estimation
    $235,000
    Location Intelligence
    Property ID
    US57-0143486
    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

    • Office buildings

    Property Details for 120 2nd St

    Year built
    1963
    Construction
    CONCRETE BLOCKS
    Lot size
    0.11 lot acres
    Property size
    1,632 SF
    Zone code
    1
    Property type
    Office buildings
    APN
    10981292
    APU
    10981292

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Sarpy
    State
    Nebraska
    Longitude
    -96.0437
    Latitude
    41.1576
    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
    $2,237
    $19,684
    $99,116
    $118,800
    -
    $19,684
    $99,116
    $118,800

    Comparable in this City

    • Value Estimation
      $250,000
      866 SF

      555 2nd St

      OFFICE BUILDING • 866 SF
      555 2nd St, Springfield, NE 68059
      View Details
    • Value Estimation
      $370,000
      2,928 SF

      165 2nd St

      OFFICE BUILDING • 2,928 SF
      165 2nd St, Springfield, NE 68059-4763
      View Details
    • Value Estimation by Request
      978 SF

      166 Main St

      OFFICE BUILDING • 978 SF
      166 Main St, Springfield, NE 68059-2530
      View Details
    • Value Estimation
      $430,000
      650 SF

      13605 Fairview Rd

      OFFICE BUILDING • 650 SF
      13605 Fairview Rd, Springfield, NE 68059
      View Details
    • Value Estimation
      $255,000
      1,056 SF

      15785 Hwy 50

      OFFICE BUILDING • 1,056 SF
      15785 Hwy 50, Springfield, NE 68059-4787
      View Details
    • Value Estimation by Request
      720 SF

      222 Main St

      OFFICE BUILDING • 720 SF
      222 Main St, Springfield, NE 68059-5718
      View Details

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    120 2nd St
    Springfield, NE 68059
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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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