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    Property profile & analytics

    602 Hwy 281 Red Cloud, NE 68970-7019

    • Auto shops
    • 2,537 SF
    • 5.00 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US57-0635187
    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

    • Auto shops

    Property Details for 602 Hwy 281

    Year built
    1950
    Lot size
    5.00 lot acres
    Property size
    2,537 SF
    Zone code
    07-OTHER
    Property type
    Auto shops
    APN
    1800301
    APU
    1800301

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Red Cloud
    County
    Webster
    State
    Nebraska
    Longitude
    -98.5177
    Latitude
    40.0752

    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
    $0.00
    $16,450
    $51,360
    $67,810
    -
    $16,450
    $51,360
    $67,810

    Comparable in this City

    • Value Estimation by Request
      3,600 SF

      540 Webster St

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    • Value Estimation by Request
      2,400 SF

      1147 Hwy 136

      AUTO REPAIR, GARAGE • 2,400 SF
      1147 Hwy 136, Red Cloud, NE 68970-7008
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    • Value Estimation by Request
      4,000 SF

      426 Elm St

      AUTO REPAIR, GARAGE • 4,000 SF
      426 Elm St, Red Cloud, NE 68970-2451
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    • Value Estimation by Request
      1,800 SF

      Elm St

      AUTO REPAIR, GARAGE • 1,800 SF
      Elm St, Red Cloud, NE 68970
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    • Value Estimation
      $460,000
      3,200 SF

      766 Rd 1400

      AUTO REPAIR, GARAGE • 3,200 SF
      766 Rd 1400, Red Cloud, NE 68970-8411
      View Details
    • Value Estimation by Request
      1,800 SF

      Red Cloud, NE 68970

      AUTO REPAIR, GARAGE • 1,800 SF
      Red Cloud, NE 68970
      View Details

    Similar Nearby for Sale

    • $280,000
      1,670 SF

      Sprawling Ranch Home with Amenities

      Ranch home on the edge of Red Cloud, Nebraska.
      845 W 7Th Ave W, Red Cloud, NE 68970
      View Details
    • $76,374
      8.50 Acres

      Red Cloud Vacant Land Opportunity

      8.5+/- acres near Red Cloud, perfect for hobby farm.
      0000 River Rd, Red Cloud, NE 68970
      View Details
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    602 Hwy 281
    Red Cloud, NE 68970-7019
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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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