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    Property profile & analytics

    121 Thayer St Spencer, NE 68777-9784

    • Bars
    • 1,540 SF
    • 0.07 lot acres
    OFF-MARKET
    Value Estimation
    $85,000
    Last Sale
    Sep 22, 2023
    $63,100
    Location Intelligence
    Property ID
    US57-0891551
    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

    • Bars

    Property Details for 121 Thayer St

    Year built
    1900
    Lot size
    0.07 lot acres
    Property size
    1,540 SF
    Zone code
    03-COMMERCIAL
    Property type
    Bars
    Property subtype
    Pubs
    APN
    100106100
    APU
    100106100

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Spencer
    County
    Boyd
    State
    Nebraska
    Longitude
    -98.7018
    Latitude
    42.8731

    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
    $647
    $740
    $40,790
    $41,530
    -
    $740
    $40,790
    $41,530

    Comparable in this City

    • Value Estimation by Request
      1,500 SF

      101 Thayer St

      BAR, TAVERN • 1,500 SF
      101 Thayer St, Spencer, NE 68777-9784
      View Details
    • Value Estimation by Request
      1,159 SF

      Spencer, NE 68777

      RETAIL STORES (PERSONAL SERVICES) • 1,159 SF
      Spencer, NE 68777
      View Details
    • Value Estimation by Request
      1,998 SF

      Spencer, NE 68777

      RETAIL STORES (PERSONAL SERVICES) • 1,998 SF
      Spencer, NE 68777
      View Details
    • Value Estimation by Request
      2,624 SF

      Spencer, NE 68777

      CONVENIENCE STORE • 2,624 SF
      Spencer, NE 68777
      View Details
    • Value Estimation by Request
      4,980 SF

      105 Thayer St

      GROCERY, SUPERMARKET • 4,980 SF
      105 Thayer St, Spencer, NE 68777-3656
      View Details
    • Value Estimation by Request
      1,836 SF

      Spencer, NE 68777

      AUTO REPAIR, GARAGE • 1,836 SF
      Spencer, NE 68777
      View Details

    Similar Nearby for Sale

    • $550,000

      Spencer, NE Lodge - Turnkey Business

      18-Room Lodge, Prime Location
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    • $1,900,000
      1,344 SF

      Nebraska Farm and Ranch Estate

      206.35 acre farm and ranch property in Spencer, Nebraska.
      49061 894Th Rd, Spencer, NE 68777
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    • $400,000
      20.91 Acres

      Spacious Farm Estate with Creek

      Five-bedroom home on 20.91 acres with multiple outbuildings.
      89841 489Th Ave, Spencer, NE 68777
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    121 Thayer St
    Spencer, NE 68777-9784
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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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