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    Property profile & analytics

    401 Spruce St Ogallala, NE 69153-2136

    • Office buildings
    • 5,298 SF
    • 0.16 lot acres
    OFF-MARKET
    Value Estimation
    $370,000
    Location Intelligence
    Property ID
    US57-1042499
    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 401 Spruce St

    Year built
    1956
    Construction
    BRICK
    Lot size
    0.16 lot acres
    Property size
    5,298 SF
    Zone code
    03-COMMERCIAL
    Property type
    Office buildings
    APN
    54011200
    APU
    54011200

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Ogallala
    County
    Keith
    State
    Nebraska
    Longitude
    -101.719
    Latitude
    41.1277

    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
    $3,775
    $17,815
    $252,640
    $270,455
    -
    $17,815
    $252,640
    $270,455

    Comparable in this City

    • Value Estimation by Request
      464 SF

      951 1st St

      OFFICE BUILDING • 464 SF
      951 1st St, Ogallala, NE 69153-2703
      View Details
    • Value Estimation by Request
      3,750 SF

      121 3rd St

      OFFICE BUILDING • 3,750 SF
      121 3rd St, Ogallala, NE 69153-2536
      View Details
    • Value Estimation by Request
      13,920 SF

      202 Riverdale Rd

      OFFICE BUILDING • 13,920 SF
      202 Riverdale Rd, Ogallala, NE 69153-4101
      View Details
    • Value Estimation
      $390,000
      2,000 SF

      402 Diamond Spgs Trl

      OFFICE BUILDING • 2,000 SF
      402 Diamond Spgs Trl, Ogallala, NE 69153
      View Details
    • Value Estimation
      $360,000
      2,286 SF

      117 2nd St

      OFFICE BUILDING • 2,286 SF
      117 2nd St, Ogallala, NE 69153-2533
      View Details
    • Value Estimation
      $385,000
      2,170 SF

      State St

      OFFICE BUILDING • 2,170 SF
      State St, Ogallala, NE 69153
      View Details

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      2.85 acres of land available near Highway 61.
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    Ogallala, NE 69153-2136
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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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