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    Property profile & analytics

    205 1st St Homer, NE 68030

    • Flex space
    • 800 SF
    • 0.10 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US57-0672430
    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

    • Flex space

    Property Details for 205 1st St

    Year built
    1950
    Lot size
    0.10 lot acres
    Property size
    800 SF
    Zone code
    SINGLE FAMILY
    Property type
    Flex space
    APN
    220006318
    APU
    220006318

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Homer
    County
    Dakota
    State
    Nebraska
    Longitude
    -96.4871
    Latitude
    42.3201
    CBSA code
    43580
    CBSA name
    SIOUX CITY, IA-NE-SD 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
    2023
    $64
    $2,270
    $2,820
    $5,090
    -
    $2,270
    $2,820
    $5,090

    Comparable in this City

    • Value Estimation
      $455,000
      9,000 SF

      793 Fiddler Crk Rd

      LIGHT INDUSTRIAL • 9,000 SF
      793 Fiddler Crk Rd, Homer, NE 68030-4002
      View Details
    • Value Estimation by Request
      4,040 SF

      2073 Blf Rd

      LIGHT INDUSTRIAL • 4,040 SF
      2073 Blf Rd, Homer, NE 68030-3033
      View Details
    • Value Estimation by Request
      3,900 SF

      108 1st St

      MINI-WAREHOUSE, STORAGE • 3,900 SF
      108 1st St, Homer, NE 68030-3515
      View Details
    • Value Estimation by Request
      1,300 SF

      102 1st St

      COMMERCIAL (GENERAL) • 1,300 SF
      102 1st St, Homer, NE 68030-3582
      View Details
    • Value Estimation
      $185,000
      1,800 SF

      20 John St

      AUTO REPAIR, GARAGE • 1,800 SF
      20 John St, Homer, NE 68030-3517
      View Details
    • Value Estimation by Request
      0.14 Acres

      Homer, NE 68030

      VACANT COMMERCIAL LAND • 0.14 Acres
      Homer, NE 68030
      View Details
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    205 1st St
    Homer, NE 68030
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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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