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    Property profile & analytics

    501 2nd St Elgin, NE 68636-2500

    • Grocery and convenience stores
    • 3,547 SF
    • 2.51 lot acres
    OFF-MARKET
    Value Estimation
    $330,000
    Location Intelligence
    Property ID
    US57-0746092
    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

    • Elgin Hardware & More / Hardware Store
    • Phillips 66 / Gas Station
    • Elgin One Stop / Gas Station / Truck Stop
    • ATM (Elgin One Stop) / Atm

    Property Details for 501 2nd St

    Year built
    1994
    Lot size
    2.51 lot acres
    Property size
    3,547 SF
    Zone code
    03-COMMERCIAL
    Property type
    Grocery and convenience stores
    APN
    189800
    APU
    189800

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Elgin
    County
    Antelope
    State
    Nebraska
    Longitude
    -98.0838
    Latitude
    41.988

    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
    $5,695
    $15,700
    $498,395
    $514,095
    -
    $15,700
    $498,395
    $514,095

    Comparable in this City

    • Value Estimation by Request
      1,500 SF

      104 2nd St

      GROCERY, SUPERMARKET • 1,500 SF
      104 2nd St, Elgin, NE 68636-4425
      View Details
    • Value Estimation by Request
      1,155 SF

      122 2nd St

      GROCERY, SUPERMARKET • 1,155 SF
      122 2nd St, Elgin, NE 68636
      View Details
    • Value Estimation by Request
      6,000 SF

      102 2nd St

      GROCERY, SUPERMARKET • 6,000 SF
      102 2nd St, Elgin, NE 68636-4425
      View Details
    • Value Estimation
      $235,000
      1,885 SF

      210 2nd St

      CONVENIENCE STORE • 1,885 SF
      210 2nd St, Elgin, NE 68636-4464
      View Details
    • Value Estimation by Request
      3,300 SF

      101 2nd St

      FINANCIAL BUILDING • 3,300 SF
      101 2nd St, Elgin, NE 68636-4425
      View Details
    • Value Estimation by Request
      2,000 SF

      110 2nd St

      RETAIL STORES (PERSONAL SERVICES) • 2,000 SF
      110 2nd St, Elgin, NE 68636-4425
      View Details
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    501 2nd St
    Elgin, NE 68636-2500
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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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