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    Property profile & analytics

    2 Johnson Lk Dr Elwood, NE 68937

    • Bars
    • 1,800 SF
    • 1.00 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US57-0686308
    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

    • Crazy Marv's Rv & Cabin Retreat LLC / Rv Park / Bait Shop

    Property Details for 2 Johnson Lk Dr

    Year built
    1989
    Lot size
    1.00 lot acres
    Property size
    1,800 SF
    Zone code
    06-RECREATIONAL
    Property type
    Bars
    Property subtype
    Pubs
    APN
    370029216
    APU
    370029216

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Elwood
    County
    Gosper
    State
    Nebraska
    Longitude
    -99.8746
    Latitude
    40.6954
    CBSA code
    30420
    CBSA name
    LEXINGTON, 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
    $868
    $15,180
    $88,705
    $103,885
    -
    $15,180
    $88,705
    $103,885

    Comparable in this City

    • Value Estimation by Request
      1,008 SF

      311 Smith Ave

      BAR, TAVERN • 1,008 SF
      311 Smith Ave, Elwood, NE 68937-5246
      View Details
    • Value Estimation
      $245,000
      1,264 SF

      20 Bullhead Expy Dr28

      BAR, TAVERN • 1,264 SF
      20 Bullhead Expy Dr28, Johnson Lake, NE 68937-2246
      View Details
    • Value Estimation
      $245,000
      2,250 SF

      74896 Johnson Lk Dr

      RESTAURANT • 2,250 SF
      74896 Johnson Lk Dr, Elwood, NE 68937
      View Details
    • Value Estimation by Request
      600 SF

      307 Smith Ave

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 600 SF
      307 Smith Ave, Elwood, NE 68937-5246
      View Details
    • Value Estimation
      $490,000
      7,428 SF

      42611 Hwy 23

      WHOLESALE OUTLET, DISCOUNT STORE • 7,428 SF
      42611 Hwy 23, Elwood, NE 68937
      View Details
    • Value Estimation
      $515,000
      2,520 SF

      74888 Johnson Lk Dr

      CONVENIENCE STORE • 2,520 SF
      74888 Johnson Lk Dr, Johnson Lake, NE 68937
      View Details
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    2 Johnson Lk Dr
    Elwood, NE 68937
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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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