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    Property profile & analytics

    508 Niobrara Ave Hemingford, NE 69348-9703

    • Retail space
    • 1,362 SF
    • 0.06 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US57-0293254
    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

    • Retail space

    Property Details for 508 Niobrara Ave

    Year built
    1910
    Lot size
    0.06 lot acres
    Property size
    1,362 SF
    Zone code
    03-COMMERCIAL
    Property type
    Retail space
    APN
    70018170
    APU
    70018170

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Hemingford
    County
    Box Butte
    State
    Nebraska
    Longitude
    -103.073
    Latitude
    42.3214

    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
    $1,238
    $4,200
    $48,120
    $52,320
    -
    $4,200
    $48,120
    $52,320

    Comparable in this City

    • Value Estimation by Request
      960 SF

      405 Niobrara Ave

      RETAIL STORES (PERSONAL SERVICES) • 960 SF
      405 Niobrara Ave, Hemingford, NE 69348
      View Details
    • Value Estimation
      $180,000
      1,011 SF

      621 Niobrara Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,011 SF
      621 Niobrara Ave, Hemingford, NE 69348-9712
      View Details
    • Value Estimation
      $215,000
      3,250 SF

      804 Box Butte Ave

      RETAIL STORES (PERSONAL SERVICES) • 3,250 SF
      804 Box Butte Ave, Hemingford, NE 69348
      View Details
    • Value Estimation
      $235,000
      1,620 SF

      960 County Rd 70

      RETAIL STORES (PERSONAL SERVICES) • 1,620 SF
      960 County Rd 70, Hemingford, NE 69348-5084
      View Details
    • Value Estimation by Request
      4,000 SF

      703 Box Butte Ave

      GYM, HEALTH SPA • 4,000 SF
      703 Box Butte Ave, Hemingford, NE 69348
      View Details
    • Value Estimation
      $250,000
      1,440 SF

      705 Wyoming Ave

      CONVENIENCE STORE • 1,440 SF
      705 Wyoming Ave, Hemingford, NE 69348
      View Details

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    • New
      $895,000
      323.35 Acres

      Irrigated and Dryland Farm

      323.55 acre farm with irrigation and dryland near Hemingford.
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    • $1,498,800
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      1225 Acre Nebraska Land Parcel

      Large land parcel suitable for farming and ranching.
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    • New
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      Irrigated Farmland Opportunity Near Hemingford

      168.49 acres of irrigated and dryland tillable farmland.
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    Hemingford, NE 69348-9703
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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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