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    Property profile & analytics

    128 State St Albion, NE 68620-1249

    • Drive through restaurants
    • 2,028 SF
    • 0.20 lot acres
    OFF-MARKET
    Value Estimation
    $285,000
    Location Intelligence
    Property ID
    US57-0969548
    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

    • Subway / Sandwich Shop / Caterer
    • Farmers Market / Fruit And Vegetable Store

    Property Details for 128 State St

    Year built
    1981
    Lot size
    0.20 lot acres
    Property size
    2,028 SF
    Zone code
    03-COMMERCIAL
    Property type
    Drive through restaurants
    APN
    0004096.00
    APU
    409600

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $280,000

    • CAP approach

      CAP return
      Estimation
      6%
      $285,000
      6.5%
      $270,000
      7%
      $295,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $280,000
      Geo Method
      $335,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $255,000
      Retail
      $270,000
      Mixed-Use
      $295,000
      Hospitality
      $310,000
      Educational
      $270,000
      Residential Income
      $285,000
      Energy
      $305,000
      Income-Based Land
      $305,000
      Food Service
      $310,000

    Location Insight

    • Map
    • Local Demand
    City
    Albion
    County
    Boone
    State
    Nebraska
    Longitude
    -97.9976
    Latitude
    41.6912

    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
    $3,239
    $44,890
    $248,305
    $293,195
    -
    $44,890
    $248,305
    $293,195

    Comparable in this City

    • Value Estimation
      $460,000
      2,100 SF

      305 2nd St

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,100 SF
      305 2nd St, Albion, NE 68620-1205
      View Details
    • Value Estimation by Request
      1,863 SF

      100 4th St

      RESTAURANT • 1,863 SF
      100 4th St, Albion, NE 68620-1216
      View Details
    • Value Estimation by Request
      224 SF

      503 Main St

      RESTAURANT • 224 SF
      503 Main St, Albion, NE 68620-1141
      View Details
    • Value Estimation
      $200,000
      4,540 SF

      333 1st St

      BAR, TAVERN • 4,540 SF
      333 1st St, Albion, NE 68620-1201
      View Details
    • Value Estimation by Request
      2,070 SF

      437 Main St

      BAR, TAVERN • 2,070 SF
      437 Main St, Albion, NE 68620-1230
      View Details
    • Value Estimation by Request
      2,610 SF

      134 4th St

      BAR, TAVERN • 2,610 SF
      134 4th St, Albion, NE 68620-1216
      View Details
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    128 State St
    Albion, NE 68620-1249
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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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