Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    1500 Sprague Rd Sprague, NE 68438

    • Commercial real estate
    • 775 SF
    • 0.13 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    May 18, 2023
    Location Intelligence
    Property ID
    US57-0280965
    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 1500 Sprague Rd

    Year built
    1977
    Lot size
    0.13 lot acres
    Property size
    775 SF
    Zone code
    C
    Property type
    Commercial real estate
    APN
    08-33-200-001-000
    APU
    833200001000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Sprague
    County
    Lancaster
    State
    Nebraska
    Longitude
    -96.7457
    Latitude
    40.6247
    CBSA code
    30700
    CBSA name
    LINCOLN, NE 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
    2024
    $415
    $4,400
    $23,800
    $28,200
    -
    $4,400
    $23,800
    $28,200

    Comparable in this City

    • Value Estimation
      $245,000
      5,440 SF

      18820 14th St

      COMMERCIAL (GENERAL) • 5,440 SF
      18820 14th St, Sprague, NE 68438
      View Details
    • Value Estimation by Request
      3,943 SF

      18845 Market St

      COMMERCIAL (GENERAL) • 3,943 SF
      18845 Market St, Sprague, NE 68438-5001
      View Details
    • Value Estimation by Request
      2,222 SF

      1440 2nd St

      COMMERCIAL (GENERAL) • 2,222 SF
      1440 2nd St, Sprague, NE 68438-5027
      View Details
    • Value Estimation by Request
      560 SF

      18905 Market St

      OFFICE (GENERAL) • 560 SF
      18905 Market St, Sprague, NE 68438-9700
      View Details
    • Value Estimation by Request
      0.36 Acres

      18945 Buell St

      VACANT COMMERCIAL LAND • 0.36 Acres
      18945 Buell St, Sprague, NE 68438-5010
      View Details
    • Value Estimation
      $210,000
      2,520 SF

      Sprague, NE 68438

      OFFICE (GENERAL) • 2,520 SF
      Sprague, NE 68438
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1500 Sprague Rd
    Sprague, NE 68438
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.