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    Property profile & analytics

    502 6th St Lexington, NE 68850-2119

    • Auto shops
    • 1,500 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US57-0833755
    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

    • Auto shops

    Property Details for 502 6th St

    Year built
    1974
    Property size
    1,500 SF
    Zone code
    03-COMMERCIAL
    Property type
    Auto shops
    APN
    240116461
    APU
    240116461

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lexington
    County
    Dawson
    State
    Nebraska
    Longitude
    -99.7356
    Latitude
    40.7785
    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
    $918
    $3,471
    $51,440
    $54,911
    -
    $3,471
    $51,440
    $54,911

    Comparable in this City

    • Value Estimation by Request
      14,940 SF

      75482 Rd 435

      AUTO REPAIR, GARAGE • 14,940 SF
      75482 Rd 435, Lexington, NE 68850-3837
      View Details
    • Value Estimation
      $390,000
      4,800 SF

      43575 Hwy 30

      AUTO REPAIR, GARAGE • 4,800 SF
      43575 Hwy 30, Lexington, NE 68850-3839
      View Details
    • Value Estimation by Request
      24,700 SF

      606 Prospect Rd

      AUTO REPAIR, GARAGE • 24,700 SF
      606 Prospect Rd, Lexington, NE 68850
      View Details
    • Value Estimation
      $390,000
      3,600 SF

      900 8th St

      AUTO REPAIR, GARAGE • 3,600 SF
      900 8th St, Lexington, NE 68850-1508
      View Details
    • Value Estimation
      $250,000
      7,200 SF

      1207 Pacific Ave

      AUTO REPAIR, GARAGE • 7,200 SF
      1207 Pacific Ave, Lexington, NE 68850-3456
      View Details
    • Value Estimation by Request
      2,770 SF

      605 6th St

      AUTO REPAIR, GARAGE • 2,770 SF
      605 6th St, Lexington, NE 68850-1811
      View Details
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    502 6th St
    Lexington, NE 68850-2119
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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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