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    Property profile & analytics

    511 Industrial Pkwy Madison, NE 68748-6219

    • Commercial real estate
    • 252 SF
    • 0.70 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US57-0935220
    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

    • Weiland Well Drilling Co / Well Drilling Contractor

    Property Details for 511 Industrial Pkwy

    Year built
    1997
    Lot size
    0.70 lot acres
    Property size
    252 SF
    Zone code
    COMMERCIAL
    Property type
    Commercial real estate
    APN
    590015389
    APU
    590015389

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Madison
    County
    Madison
    State
    Nebraska
    Longitude
    -97.4652
    Latitude
    41.8246
    CBSA code
    35740
    CBSA name
    NORFOLK, 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
    $485
    $25,483
    $1,403
    $26,886
    -
    $25,483
    $1,403
    $26,886

    Comparable in this City

    • Value Estimation by Request
      2,808 SF

      Madison, NE 68748

      COMMERCIAL (GENERAL) • 2,808 SF
      Madison, NE 68748
      View Details
    • Value Estimation by Request
      4,500 SF

      Madison, NE 68748

      COMMERCIAL (GENERAL) • 4,500 SF
      Madison, NE 68748
      View Details
    • Value Estimation
      $445,000
      6,500 SF

      Madison, NE 68748

      COMMERCIAL (GENERAL) • 6,500 SF
      Madison, NE 68748
      View Details
    • Value Estimation by Request
      4,263 SF

      4th St

      COMMERCIAL (GENERAL) • 4,263 SF
      4th St, Madison, NE 68748
      View Details
    • Value Estimation by Request
      576 SF

      122 6th St

      COMMERCIAL (GENERAL) • 576 SF
      122 6th St, Madison, NE 68748
      View Details
    • Value Estimation by Request
      1.51 Acres

      401 12th St

      COMMERCIAL (GENERAL) • 1.51 Acres
      401 12th St, Madison, NE 68748
      View Details
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    511 Industrial Pkwy
    Madison, NE 68748-6219
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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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