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    Property profile & analytics

    159 Main St Leigh, NE 68643-4528

    • Commercial real estate
    • 4,250 SF
    • 0.07 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Oct 22, 2021
    $9,000
    Location Intelligence
    Property ID
    US57-0909639
    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

    • Steve's Madhouse Market / Grocery Store

    Property Details for 159 Main St

    Year built
    1895
    Lot size
    0.07 lot acres
    Property size
    4,250 SF
    Zone code
    03-COMMERCIAL
    Property type
    Commercial real estate
    APN
    126048000
    APU
    126048000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Leigh
    County
    Colfax
    State
    Nebraska
    Longitude
    -97.2386
    Latitude
    41.705

    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
    $348
    $750
    $18,920
    $19,670
    -
    $750
    $18,920
    $19,670

    Comparable in this City

    • Value Estimation
      $600,000
      7,118 SF

      240 Main St

      COMMERCIAL (GENERAL) • 7,118 SF
      240 Main St, Leigh, NE 68643
      View Details
    • Value Estimation by Request
      5,040 SF

      Leigh, NE 68643

      COMMERCIAL (GENERAL) • 5,040 SF
      Leigh, NE 68643
      View Details
    • Value Estimation by Request
      3,450 SF

      Leigh, NE 68643

      COMMERCIAL (GENERAL) • 3,450 SF
      Leigh, NE 68643
      View Details
    • Value Estimation
      $230,000
      8,580 SF

      Leigh, NE 68643

      COMMERCIAL (GENERAL) • 8,580 SF
      Leigh, NE 68643
      View Details
    • Value Estimation
      $465,000
      3,000 SF

      107 Main St

      COMMERCIAL (GENERAL) • 3,000 SF
      107 Main St, Leigh, NE 68643-5522
      View Details
    • Value Estimation
      $260,000
      12,000 SF

      2202 Rd 2nd 2

      COMMERCIAL (GENERAL) • 12,000 SF
      2202 Rd 2nd 2, Leigh, NE 68643
      View Details

    Similar Nearby for Sale

    • $170,000

      Prime Leigh, NE Commercial Property

      Turnkey Business & Real Estate Included
      132 Main St, Leigh, NE 68643
      View Details
    • $70,000

      Leigh Lanes & Lounge For Sale

      Established bowling alley and lounge with loyal customer base.
      134 E 2Nd St, Leigh, NE 68643
      View Details
    • $39,900

      Prime Location Retail Building

      Rare opportunity to purchase a building on Main Street.
      104 N Main St, Leigh, NE 68643
      View Details
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    159 Main St
    Leigh, NE 68643-4528
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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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