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    Property profile & analytics

    241 Clay St Tecumseh, NE 68450-2317

    • Manufacturing properties
    • 6,216 SF
    • 0.19 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US57-0511073
    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

    • Manufacturing properties

    Property Details for 241 Clay St

    Year built
    1900
    Lot size
    0.19 lot acres
    Property size
    6,216 SF
    Zone code
    COMMERCIAL
    Property type
    Manufacturing properties
    APN
    490029299
    APU
    490029299

    Description

    This unique 1-story, 5,000-6,200 square foot commercial building, built in 1998, sits on an 8,360 square foot lot in Tecumseh, Nebraska's vibrant historic downtown square. Previously housing the local newspaper, the property offers high visibility and excellent foot traffic. The flexible interior features an open floor plan, high ceilings, three offices, a bathroom, kitchen area, and a darkroom, allowing for customization to suit various needs. Ideal for retail, office, or multi-use purposes, the building also includes two loading docks for convenient deliveries and a 62x22 heated shop in the back. Convenient street parking is available both in front and behind the building. The asking price is $80,000. This property presents a rare opportunity to own a piece of Tecumseh's history and establish a thriving business in a prime location. The building is zoned for light manufacturing (Code 711).

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Tecumseh
    County
    Johnson
    State
    Nebraska
    Longitude
    -96.1966
    Latitude
    40.3663

    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
    $978
    $5,434
    $40,743
    $46,177
    -
    $5,434
    $40,743
    $46,177

    Comparable in this City

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      $225,000
      5,344 SF

      1019 Cordelia St

      MANUFACTURING (LIGHT) • 5,344 SF
      1019 Cordelia St, Tecumseh, NE 68450-2473
      View Details
    • Value Estimation by Request
      84,698 SF

      333 3rd St

      HEAVY MANUFACTURING • 84,698 SF
      333 3rd St, Tecumseh, NE 68450-2307
      View Details
    • Value Estimation
      $325,000
      12,600 SF

      1255 Lincoln St

      MANUFACTURING (LIGHT) • 12,600 SF
      1255 Lincoln St, Tecumseh, NE 68450-2160
      View Details
    • Value Estimation by Request
      200 SF

      Tecumseh, NE 68450

      MANUFACTURING (LIGHT) • 200 SF
      Tecumseh, NE 68450
      View Details
    • Value Estimation by Request
      1,699 SF

      408 Clay St

      MANUFACTURING (LIGHT) • 1,699 SF
      408 Clay St, Tecumseh, NE 68450
      View Details
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    241 Clay St
    Tecumseh, NE 68450-2317
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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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