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    Property profile & analytics

    209 Main St Madison, NE 68748-6485

    • Bars
    • 3,384 SF
    • 0.07 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US57-0626230
    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

    • Whiskey River Saloon / Bar

    Property Details for 209 Main St

    Year built
    1895
    Lot size
    0.07 lot acres
    Property size
    3,384 SF
    Zone code
    COMMERCIAL
    Property type
    Bars
    Property subtype
    Pubs
    APN
    590010794
    APU
    590010794

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Madison
    County
    Madison
    State
    Nebraska
    Longitude
    -97.4554
    Latitude
    41.8285
    CBSA code
    35740
    CBSA name
    NORFOLK, 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
    $666
    $4,356
    $32,542
    $36,898
    -
    $4,356
    $32,542
    $36,898

    Comparable in this City

    • Value Estimation by Request
      1,672 SF

      207 Main St

      BAR, TAVERN • 1,672 SF
      207 Main St, Madison, NE 68748-6485
      View Details
    • Value Estimation
      $535,000
      2,654 SF

      120 Saddle Ln

      RESTAURANT • 2,654 SF
      120 Saddle Ln, Madison, NE 68748-6346
      View Details
    • Value Estimation by Request
      1,980 SF

      213 Main St

      RESTAURANT • 1,980 SF
      213 Main St, Madison, NE 68748
      View Details
    • Value Estimation by Request
      1,870 SF

      216 Main St

      RESTAURANT • 1,870 SF
      216 Main St, Madison, NE 68748-6485
      View Details
    • Value Estimation
      $255,000
      2,662 SF

      212 Main St

      RESTAURANT • 2,662 SF
      212 Main St, Madison, NE 68748-6485
      View Details
    • Value Estimation by Request
      4,740 SF

      507 3rd St

      CONVENIENCE STORE • 4,740 SF
      507 3rd St, Madison, NE 68748-6203
      View Details
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    209 Main St
    Madison, NE 68748-6485
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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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