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    Property profile & analytics

    160085 Hwy 71 Gering, NE 69341-7523

    • Commercial real estate
    • 16,824 SF
    OFF-MARKET
    Value Estimation
    $380,000
    Location Intelligence
    Property ID
    US57-0351429
    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 160085 Hwy 71

    Year built
    1976
    Property size
    16,824 SF
    Zone code
    03-COMMERCIAL
    Property type
    Commercial real estate
    APN
    10281835
    APU
    10281835

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $370,000

    • CAP approach

      CAP return
      Estimation
      6%
      $400,000
      6.5%
      $440,000
      7%
      $460,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $405,000
      Geo Method
      $500,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $415,000
      Retail
      $395,000
      Mixed-Use
      $460,000
      Hospitality
      $410,000
      Educational
      $360,000
      Residential Income
      $440,000
      Energy
      $340,000
      Income-Based Land
      $445,000
      Food Service
      $375,000

    Location Insight

    • Map
    • Local Demand
    City
    Gering
    County
    Scotts Bluff
    State
    Nebraska
    Longitude
    -103.674
    Latitude
    41.7842
    CBSA code
    42420
    CBSA name
    SCOTTSBLUFF, NE MICROPOLITAN 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
    $3,626
    $0.00
    $196,210
    $196,210
    -
    $0.00
    $196,210
    $196,210

    Comparable in this City

    • Value Estimation by Request
      0.16 Acres

      1150 Q St

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    • Value Estimation by Request
      14,795 SF

      2710 10th St

      COMMERCIAL (GENERAL) • 14,795 SF
      2710 10th St, Gering, NE 69341-2231
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    • Value Estimation by Request
      5,600 SF

      4010 10th St

      COMMERCIAL (GENERAL) • 5,600 SF
      4010 10th St, Gering, NE 69341-1702
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    • Value Estimation by Request
      1,232 SF

      1625 8th St

      COMMERCIAL (GENERAL) • 1,232 SF
      1625 8th St, Gering, NE 69341-2940
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      2,400 SF

      750 D St

      COMMERCIAL (GENERAL) • 2,400 SF
      750 D St, Gering, NE 69341-3527
      View Details
    • Value Estimation by Request
      4,880 SF

      870 Cres Dr

      COMMERCIAL (GENERAL) • 4,880 SF
      870 Cres Dr, Gering, NE 69341
      View Details

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      Residential Lot in Gering, Nebraska

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    160085 Hwy 71
    Gering, NE 69341-7523
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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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