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    Property profile & analytics

    511 2nd St Friend, NE 68359-1305

    • Office buildings
    • 1,920 SF
    • 0.06 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US57-0476990
    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

    • Edward Jones - Financial Advisor: Preston Meints / Finance Broker / Investment Service
    • Friend Historical Society / Historical Society
    • Pour House / Wine Bar

    Property Details for 511 2nd St

    Year built
    1870
    Construction
    BRICK
    Lot size
    0.06 lot acres
    Property size
    1,920 SF
    Zone code
    03-COMMERCIAL
    Property type
    Office buildings
    APN
    760029156
    APU
    760029156

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Friend
    County
    Saline
    State
    Nebraska
    Longitude
    -97.2875
    Latitude
    40.6535

    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
    $1,036
    $2,880
    $50,540
    $53,420
    -
    $2,880
    $50,540
    $53,420

    Comparable in this City

    • Value Estimation by Request
      837 SF

      624 2nd St

      OFFICE BUILDING • 837 SF
      624 2nd St, Friend, NE 68359-1308
      View Details
    • Value Estimation by Request
      1,108 SF

      141 Maple St

      OFFICE BUILDING • 1,108 SF
      141 Maple St, Friend, NE 68359-1030
      View Details
    • Value Estimation by Request
      1,982 SF

      133 Maple St

      OFFICE BUILDING • 1,982 SF
      133 Maple St, Friend, NE 68359-1002
      View Details
    • Value Estimation by Request
      2,250 SF

      131 Maple St

      OFFICE BUILDING • 2,250 SF
      131 Maple St, Friend, NE 68359-1030
      View Details
    • Value Estimation by Request
      1,008 SF

      515 2nd St

      MEDICAL BUILDING • 1,008 SF
      515 2nd St, Friend, NE 68359-1305
      View Details
    • Value Estimation by Request
      2,264 SF

      920 2nd St

      DENTAL BUILDING • 2,264 SF
      920 2nd St, Friend, NE 68359-1134
      View Details
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    511 2nd St
    Friend, NE 68359-1305
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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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