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    Property profile & analytics

    505 2nd St Overton, NE 68863

    • Flex space
    • 2,000 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US57-0824836
    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

    • Flex space

    Property Details for 505 2nd St

    Year built
    1994
    Construction
    STEEL FRAME
    Property size
    2,000 SF
    Zone code
    03-COMMERCIAL
    Property type
    Flex space
    APN
    240006976
    APU
    240006976

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Overton
    County
    Dawson
    State
    Nebraska
    Longitude
    -99.5354
    Latitude
    40.7369
    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
    $668
    $1,473
    $31,820
    $33,293
    -
    $1,473
    $31,820
    $33,293

    Comparable in this City

    • Value Estimation
      $335,000
      4,000 SF

      101 Lincoln St

      LIGHT INDUSTRIAL • 4,000 SF
      101 Lincoln St, Overton, NE 68863
      View Details
    • Value Estimation by Request
      1,120 SF

      106 C St

      LIGHT INDUSTRIAL • 1,120 SF
      106 C St, Overton, NE 68863-5316
      View Details
    • Value Estimation by Request
      8,400 SF

      423 5th St

      MINI-WAREHOUSE, STORAGE • 8,400 SF
      423 5th St, Overton, NE 68863-5377
      View Details
    • Value Estimation
      $445,000
      31,560 SF

      505 Lincoln St

      MINI-WAREHOUSE, STORAGE • 31,560 SF
      505 Lincoln St, Overton, NE 68863
      View Details
    • Value Estimation by Request
      1,050 SF

      101 Hwy 30

      COM AUTO TRANS/STORAGE • 1,050 SF
      101 Hwy 30, Overton, NE 68863
      View Details
    • Value Estimation by Request
      6,000 SF

      204 Ee St

      MINI-WAREHOUSE, STORAGE • 6,000 SF
      204 Ee St, Overton, NE 68863
      View Details
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    505 2nd St
    Overton, NE 68863
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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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