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    Property profile & analytics

    189 8th Ave Burwell, NE 68823

    • Office buildings
    • 2,364 SF
    • 0.12 lot acres
    OFF-MARKET
    Value Estimation
    $295,000
    Location Intelligence
    Property ID
    US57-0958895
    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

    • Office buildings

    Property Details for 189 8th Ave

    Year built
    2005
    Lot size
    0.12 lot acres
    Property size
    2,364 SF
    Zone code
    COMMERCIAL
    Property type
    Office buildings
    APN
    122200
    APU
    122200

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $275,000

    • CAP approach

      CAP return
      Estimation
      6%
      $310,000
      6.5%
      $300,000
      7%
      $350,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $300,000
      Geo Method
      $320,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $315,000
      Retail
      $325,000
      Mixed-Use
      $330,000
      Hospitality
      $345,000
      Educational
      $305,000
      Residential Income
      $320,000
      Energy
      $385,000
      Income-Based Land
      $360,000
      Food Service
      $395,000

    Location Insight

    • Map
    • Local Demand
    City
    Burwell
    County
    Garfield
    State
    Nebraska
    Longitude
    -99.1357
    Latitude
    41.7808

    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
    $7,740
    $6,250
    $353,676
    $359,926
    -
    $6,250
    $353,676
    $359,926

    Comparable in this City

    • Value Estimation by Request
      1,156 SF

      46671 Hwy 91

      OFFICE BUILDING • 1,156 SF
      46671 Hwy 91, Burwell, NE 68823-8830
      View Details
    • Value Estimation
      $445,000
      390 SF

      Rr Ave Ave

      OFFICE BUILDING • 390 SF
      Rr Ave Ave, Burwell, NE 68823
      View Details
    • Value Estimation by Request
      1,250 SF

      455 Grand Ave

      OFFICE BUILDING • 1,250 SF
      455 Grand Ave, Burwell, NE 68823-4152
      View Details
    • Value Estimation
      $220,000
      2,800 SF

      147 8th Ave

      OFFICE BUILDING • 2,800 SF
      147 8th Ave, Burwell, NE 68823-6003
      View Details
    • Value Estimation by Request
      9,346 SF

      250 8th Ave

      OFFICE BUILDING • 9,346 SF
      250 8th Ave, Burwell, NE 68823-6000
      View Details
    • Value Estimation by Request
      432 SF

      184 Grand Ave

      OFFICE BUILDING • 432 SF
      184 Grand Ave, Burwell, NE 68823-4160
      View Details

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    189 8th Ave
    Burwell, NE 68823
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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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