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    Property profile & analytics

    305 Smith Ave Elwood, NE 68937-5246

    • Office buildings
    • 2,070 SF
    • 0.09 lot acres
    OFF-MARKET
    Value Estimation
    $200,000
    Location Intelligence
    Property ID
    US57-0600144
    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

    • Brell Realty & Auction / Real Estate Agency / Auction House

    Property Details for 305 Smith Ave

    Year built
    1959
    Lot size
    0.09 lot acres
    Property size
    2,070 SF
    Zone code
    03-COMMERCIAL
    Property type
    Office buildings
    APN
    370044290
    APU
    370044290

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Elwood
    County
    Gosper
    State
    Nebraska
    Longitude
    -99.861
    Latitude
    40.59
    CBSA code
    30420
    CBSA name
    LEXINGTON, 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
    $2,813
    $4,092
    $216,760
    $220,852
    -
    $4,092
    $216,760
    $220,852

    Comparable in this City

    • Value Estimation
      $395,000
      580 SF

      43265 Hwy 23

      OFFICE BUILDING • 580 SF
      43265 Hwy 23, Elwood, NE 68937
      View Details
    • Value Estimation by Request
      750 SF

      306 Smith Ave

      OFFICE BUILDING • 750 SF
      306 Smith Ave, Elwood, NE 68937-5246
      View Details
    • Value Estimation by Request
      350 SF

      404 Ripley St

      OFFICE BUILDING • 350 SF
      404 Ripley St, Elwood, NE 68937
      View Details
    • Value Estimation by Request
      775 SF

      103 Smith Ave

      OFFICE BUILDING • 775 SF
      103 Smith Ave, Elwood, NE 68937
      View Details
    • Value Estimation
      $265,000
      4,000 SF

      309 Smith Ave

      OFFICE BUILDING • 4,000 SF
      309 Smith Ave, Elwood, NE 68937-5269
      View Details
    • Value Estimation by Request
      1,100 SF

      314 Smith Ave

      OFFICE BUILDING • 1,100 SF
      314 Smith Ave, Elwood, NE 68937-5246
      View Details
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    305 Smith Ave
    Elwood, NE 68937-5246
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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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