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    Property profile & analytics

    40923 Hwy 23 Farnam, NE 69029

    • Warehouses
    • 875 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US57-0851206
    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

    • Warehouses

    Property Details for 40923 Hwy 23

    Year built
    1978
    Property size
    875 SF
    Zone code
    03-COMMERCIAL
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    240046021
    APU
    240046021

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Farnam
    County
    Dawson
    State
    Nebraska
    Longitude
    -100.199
    Latitude
    40.7036
    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
    $203
    $4,248
    $13,730
    $17,978
    -
    $4,248
    $13,730
    $17,978

    Comparable in this City

    • Value Estimation by Request
      14,510 SF

      123 Caribou St

      MINI-WAREHOUSE, STORAGE • 14,510 SF
      123 Caribou St, Farnam, NE 69029
      View Details
    • Value Estimation
      $200,000
      1,440 SF

      Carson St

      MINI-WAREHOUSE, STORAGE • 1,440 SF
      Carson St, Farnam, NE 69029
      View Details
    • Value Estimation by Request
      5,184 SF

      221 Lincoln St

      MINI-WAREHOUSE, STORAGE • 5,184 SF
      221 Lincoln St, Farnam, NE 69029
      View Details
    • Value Estimation by Request
      4,800 SF

      319 Main St

      LIGHT INDUSTRIAL • 4,800 SF
      319 Main St, Farnam, NE 69029
      View Details
    • Value Estimation by Request
      2,100 SF

      219 Dawson

      COM AUTO TRANS/STORAGE • 2,100 SF
      219 Dawson, Farnam, NE 69029-7058
      View Details
    • Value Estimation by Request
      0.04 Acres

      Farnam, NE 69029

      VACANT COMMERCIAL LAND • 0.04 Acres
      Farnam, NE 69029
      View Details
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    40923 Hwy 23
    Farnam, NE 69029
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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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