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    Property profile & analytics

    518 2nd St Elgin, NE 68636-3222

    • Warehouses
    • 2,720 SF
    • 0.53 lot acres
    OFF-MARKET
    Value Estimation
    $235,000
    Location Intelligence
    Property ID
    US57-0730512
    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

    • Elgin Body & Glass / Auto Body Shop

    Property Details for 518 2nd St

    Year built
    1997
    Lot size
    0.53 lot acres
    Property size
    2,720 SF
    Zone code
    03-COMMERCIAL
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    193501
    APU
    193501

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Elgin
    County
    Antelope
    State
    Nebraska
    Longitude
    -98.085
    Latitude
    41.9765

    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
    $1,452
    $6,945
    $124,165
    $131,110
    -
    $6,945
    $124,165
    $131,110

    Comparable in this City

    • Value Estimation by Request
      2,000 SF

      112 2nd St

      MINI-WAREHOUSE, STORAGE • 2,000 SF
      112 2nd St, Elgin, NE 68636
      View Details
    • Value Estimation by Request
      832 SF

      201 2nd St

      MINI-WAREHOUSE, STORAGE • 832 SF
      201 2nd St, Elgin, NE 68636-4441
      View Details
    • Value Estimation by Request
      1,752 SF

      Nn St

      MINI-WAREHOUSE, STORAGE • 1,752 SF
      Nn St, Elgin, NE 68636
      View Details
    • Value Estimation by Request
      440 SF

      401 Bowen St

      MINI-WAREHOUSE, STORAGE • 440 SF
      401 Bowen St, Elgin, NE 68636
      View Details
    • Value Estimation by Request
      4,248 SF

      103 2nd St

      MINI-WAREHOUSE, STORAGE • 4,248 SF
      103 2nd St, Elgin, NE 68636-4425
      View Details
    • Value Estimation by Request
      2,450 SF

      113 2nd St

      MINI-WAREHOUSE, STORAGE • 2,450 SF
      113 2nd St, Elgin, NE 68636-4425
      View Details
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    518 2nd St
    Elgin, NE 68636-3222
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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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