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    Property profile & analytics

    420-422 7th St Grand Island, NE 68801

    • Residential income homes
    • 2,628 SF
    • 0.20 lot acres
    OFF-MARKET
    Value Estimation
    $230,000
    Location Intelligence
    Property ID
    US57-0267413
    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

    • Residential income homes

    Property Details for 420-422 7th St

    Year built
    1941
    Lot size
    0.20 lot acres
    Property size
    2,628 SF
    Zone code
    03-COMMERCIAL
    Property type
    Residential income homes
    Property subtype
    Small apartment buildings
    APN
    400096536
    APU
    400096536

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Grand Island
    County
    Hall
    State
    Nebraska
    Longitude
    -98.3481
    Latitude
    40.9296
    CBSA code
    24260
    CBSA name
    GRAND ISLAND, 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
    2022
    $3,015
    $19,602
    $146,295
    $165,897
    -
    $19,602
    $146,295
    $165,897

    Comparable in this City

    • Value Estimation
      $345,000
      2,628 SF

      416-418 7th St

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,628 SF
      416-418 7th St, Grand Island, NE 68801
      View Details
    • Value Estimation
      $210,000
      4,960 SF

      206 Plum St

      APARTMENT HOUSE (UNDER 5 UNITS) • 4,960 SF
      206 Plum St, Grand Island, NE 68801-7811
      View Details
    • Value Estimation
      $310,000
      3,008 SF

      616 Sutherland St

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,008 SF
      616 Sutherland St, Grand Island, NE 68801-7763
      View Details
    • Value Estimation
      $260,000
      3,500 SF

      721 Sycamore St

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,500 SF
      721 Sycamore St, Grand Island, NE 68801-4365
      View Details
    • Value Estimation
      $520,000
      4,012 SF

      1129 Vine St, Unit 1125

      APARTMENT HOUSE (UNDER 5 UNITS) • 4,012 SF
      1129 Vine St, Grand Island, NE 68801-8055
      View Details
    • Value Estimation
      $220,000
      3,034 SF

      1109 Wheeler Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,034 SF
      1109 Wheeler Ave, Grand Island, NE 68801-3774
      View Details

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      Residential Lot in Grand Island

      Residential lot in established Grand Island neighborhood with future development plans.
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    • Contact for pricing
      0.14 Acres

      Residential Lot in Grand Island

      Residential lot in established Grand Island neighborhood with highway access.
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      View Details
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    Grand Island, NE 68801
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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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