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    Property profile & analytics

    520 Hale Ave Newman Grove, NE 68758

    • Retail space
    • 2,192 SF
    • 0.06 lot acres
    For Sale
    View listing
    $45,000
    Value Estimation
    Last Sale
    Aug 07, 2020
    Location Intelligence
    Property ID
    US57-1048702
    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 520 Hale Ave

    Year built
    1902
    Lot size
    0.06 lot acres
    Property size
    2,192 SF
    Zone code
    COMMERCIAL
    Property type
    Retail space
    APN
    590014714
    APU
    590014714

    Description

    This exceptional 1,440-square-foot flex building presents a rare investment opportunity in the thriving town of Newman Grove, Nebraska. Located at 520 Hale Ave, this single-story, 1960-built structure boasts a highly desirable Main Street location, ensuring excellent visibility and accessibility. The property features an open floor plan, offering immense versatility for a wide range of commercial uses. Imagine the possibilities – adapt this space to perfectly suit your business needs. The building is being sold "as is," providing a unique chance to customize and enhance the property to your specifications. Three convenient parking spaces are included, adding to the property's overall appeal. Situated in Madison County, Nebraska, with a 68758 zip code, this property offers a prime location within a vibrant community. Don't miss this chance to acquire a well-positioned commercial building in a sought-after area. The asking price is $45,000.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Newman Grove
    County
    Madison
    State
    Nebraska
    Longitude
    -97.7767
    Latitude
    41.7469
    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
    $336
    $2,500
    $18,209
    $20,709
    -
    $2,500
    $18,209
    $20,709

    Comparable in this City

    • Value Estimation by Request
      4,700 SF

      413 Hale Ave

      RETAIL STORES (PERSONAL SERVICES) • 4,700 SF
      413 Hale Ave, Newman Grove, NE 68758-8801
      View Details
    • Value Estimation by Request
      1,632 SF

      507 Hale Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,632 SF
      507 Hale Ave, Newman Grove, NE 68758-6033
      View Details
    • Value Estimation by Request
      2,542 SF

      605 Hale Ave

      RETAIL STORES (PERSONAL SERVICES) • 2,542 SF
      605 Hale Ave, Newman Grove, NE 68758-6034
      View Details
    • Value Estimation by Request
      1,740 SF

      507 Hale Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,740 SF
      507 Hale Ave, Newman Grove, NE 68758-6033
      View Details
    • Value Estimation by Request
      1,460 SF

      502 Hale Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,460 SF
      502 Hale Ave, Newman Grove, NE 68758-6033
      View Details
    • Value Estimation by Request
      16,732 SF

      109 6th St

      RETAIL STORES (PERSONAL SERVICES) • 16,732 SF
      109 6th St, Newman Grove, NE 68758
      View Details

    Similar Nearby for Sale

    • $33,900

      Prime Location in Newman Grove

      Turn-key building with high visibility in Newman Grove, Nebraska.
      518 Hale Ave, Newman Grove, NE 68758
      View Details
    • $45,000
      1,440 SF

      Prime Newman Grove Flex Space

      1,440 SF Flex Building, $45K
      520 Hale Ave, Newman Grove, NE 68758
      View Details
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    520 Hale Ave
    Newman Grove, NE 68758
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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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