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    Property profile & analytics

    516 Nebraska Ave Arapahoe, NE 68922-2832

    • Retail space
    • 2,764 SF
    • 0.08 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US57-0951853
    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

    • Local Roots Floral and Gifts LLC / Florist / Bakery

    Property Details for 516 Nebraska Ave

    Year built
    1930
    Construction
    CONCRETE BLOCKS
    Lot size
    0.08 lot acres
    Property size
    2,764 SF
    Zone code
    03-COMMERCIAL
    Property type
    Retail space
    APN
    0005014.00
    APU
    501400

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Arapahoe
    County
    Furnas
    State
    Nebraska
    Longitude
    -99.8972
    Latitude
    40.304

    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
    $716
    $1,410
    $38,815
    $40,225
    -
    $1,410
    $38,815
    $40,225

    Comparable in this City

    • Value Estimation by Request
      4,970 SF

      610 Nebraska Ave

      RETAIL STORES (PERSONAL SERVICES) • 4,970 SF
      610 Nebraska Ave, Arapahoe, NE 68922
      View Details
    • Value Estimation by Request
      3,800 SF

      423 Nebraska Ave

      RETAIL STORES (PERSONAL SERVICES) • 3,800 SF
      423 Nebraska Ave, Arapahoe, NE 68922-2762
      View Details
    • Value Estimation by Request
      1,973 SF

      507 Nebraska Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,973 SF
      507 Nebraska Ave, Arapahoe, NE 68922-2832
      View Details
    • Value Estimation by Request
      1,950 SF

      420 Nebraska Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,950 SF
      420 Nebraska Ave, Arapahoe, NE 68922-2762
      View Details
    • Value Estimation by Request
      924 SF

      418 Nebraska Ave

      RETAIL STORES (PERSONAL SERVICES) • 924 SF
      418 Nebraska Ave, Arapahoe, NE 68922-2762
      View Details
    • Value Estimation by Request
      4,600 SF

      403 Nebraska Ave

      RETAIL STORES (PERSONAL SERVICES) • 4,600 SF
      403 Nebraska Ave, Arapahoe, NE 68922
      View Details
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    516 Nebraska Ave
    Arapahoe, NE 68922-2832
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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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