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    Property profile & analytics

    209 Monroe Ave Morrill, NE 69358

    • Commercial real estate
    • 8,040 SF
    • 0.32 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US57-0491249
    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 209 Monroe Ave

    Year built
    1935
    Lot size
    0.32 lot acres
    Property size
    8,040 SF
    Zone code
    03-COMMERCIAL
    Property type
    Commercial real estate
    APN
    10102752
    APU
    10102752

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Morrill
    County
    Scotts Bluff
    State
    Nebraska
    Longitude
    -103.929
    Latitude
    41.9637
    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
    $429
    $8,680
    $11,845
    $20,525
    -
    $8,680
    $11,845
    $20,525

    Comparable in this City

    • Value Estimation by Request
      0.46 Acres

      Morrill, NE 69358

      COMMERCIAL (GENERAL) • 0.46 Acres
      Morrill, NE 69358
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    • Value Estimation by Request
      2,691 SF

      142 Jefferson Ave

      COMMERCIAL (GENERAL) • 2,691 SF
      142 Jefferson Ave, Morrill, NE 69358-5003
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    • Value Estimation by Request
      1,152 SF

      1565 Yorick Ave

      COMMERCIAL (GENERAL) • 1,152 SF
      1565 Yorick Ave, Morrill, NE 69358
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    • Value Estimation by Request
      80 SF

      Morrill, NE 69358

      COMMERCIAL (GENERAL) • 80 SF
      Morrill, NE 69358
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    • Value Estimation by Request
      1,800 SF

      207 Adams Ave

      COMMERCIAL (GENERAL) • 1,800 SF
      207 Adams Ave, Morrill, NE 69358-5023
      View Details
    • Value Estimation
      $300,000
      4,800 SF

      711 Webster St

      COMMERCIAL (GENERAL) • 4,800 SF
      711 Webster St, Morrill, NE 69358-2406
      View Details

    Similar Nearby for Sale

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      Highway Frontage Investment Opportunity

      Mobile home park and commercial building with highway frontage.
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    • $250,000
      37.85 Acres

      37.85 Acres with Utilities

      Land with established wheat/grass, fencing, creek, and utilities.
      275 S Sf Rd, Morrill, NE 69358
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    • $285,000

      Land Available in Morrill, NE

      Land for sale at 20682 Liberty Oil Rd, Morrill, NE.
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    209 Monroe Ave
    Morrill, NE 69358
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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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