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    Property profile & analytics

    244 Walnut St Shelby, NE 68662

    • Office buildings
    • 1,033 SF
    • 0.09 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US57-0508852
    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

    • Office buildings

    Property Details for 244 Walnut St

    Year built
    1909
    Construction
    BRICK
    Lot size
    0.09 lot acres
    Property size
    1,033 SF
    Zone code
    03-COMMERCIAL
    Property type
    Office buildings
    APN
    720025228
    APU
    720025228

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Shelby
    County
    Polk
    State
    Nebraska
    Longitude
    -97.4255
    Latitude
    41.1945

    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
    $297
    $1,698
    $20,271
    $21,969
    -
    $1,698
    $20,271
    $21,969

    Comparable in this City

    • Value Estimation by Request
      1,008 SF

      150 Walnut St

      OFFICE BUILDING • 1,008 SF
      150 Walnut St, Shelby, NE 68662-5613
      View Details
    • Value Estimation
      $475,000
      5,986 SF

      340 Oak St

      OFFICE BUILDING • 5,986 SF
      340 Oak St, Shelby, NE 68662-8025
      View Details
    • Value Estimation by Request
      0.51 Acres

      Shelby, NE 68662

      VACANT COMMERCIAL LAND • 0.51 Acres
      Shelby, NE 68662
      View Details
    • Value Estimation by Request
      0.58 Acres

      230 Birch St

      VACANT COMMERCIAL LAND • 0.58 Acres
      230 Birch St, Shelby, NE 68662
      View Details
    • Value Estimation by Request
      288 SF

      13710 V Rd

      COMMERCIAL (GENERAL) • 288 SF
      13710 V Rd, Shelby, NE 68662
      View Details
    • Value Estimation
      $360,000
      14.70 Acres

      Rail Rd Spur

      COMMERCIAL (GENERAL) • 14.70 Acres
      Rail Rd Spur, Shelby, NE 68662
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Residential Lot in Shelby, Nebraska

      Vacant residential lot in Shelby, Nebraska, near the high school.
      210 W Washington St, Shelby, NE 68662
      View Details
    • Contact for pricing

      Residential Lot in Shelby, NE

      Residential lot available in Shelby, Nebraska.
      440 W Pine St, Shelby, NE 68662
      View Details
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    244 Walnut St
    Shelby, NE 68662
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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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