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    Property profile & analytics

    605 1st St Ogallala, NE 69153-2716

    • Banks
    • 2,801 SF
    • 0.40 lot acres
    OFF-MARKET
    Value Estimation
    $235,000
    Location Intelligence
    Property ID
    US57-1034015
    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

    • Banks

    Property Details for 605 1st St

    Year built
    1977
    Construction
    BRICK
    Lot size
    0.40 lot acres
    Property size
    2,801 SF
    Zone code
    03-COMMERCIAL
    Property type
    Banks
    APN
    113400
    APU
    113400

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Ogallala
    County
    Keith
    State
    Nebraska
    Longitude
    -101.713
    Latitude
    41.1258

    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
    $5,730
    $34,945
    $375,595
    $410,540
    -
    $34,945
    $375,595
    $410,540

    Comparable in this City

    • Value Estimation
      $660,000
      21,552 SF

      201 2nd St

      FINANCIAL BUILDING • 21,552 SF
      201 2nd St, Ogallala, NE 69153-2669
      View Details
    • Value Estimation by Request
      11,275 SF

      315 Spruce St

      FINANCIAL BUILDING • 11,275 SF
      315 Spruce St, Ogallala, NE 69153-2517
      View Details
    • Value Estimation by Request
      7,200 SF

      519 A S St

      RETAIL STORES (PERSONAL SERVICES) • 7,200 SF
      519 A S St, Ogallala, NE 69153-3112
      View Details
    • Value Estimation
      $225,000
      1,494 SF

      101 Spruce St

      RETAIL STORES (PERSONAL SERVICES) • 1,494 SF
      101 Spruce St, Ogallala, NE 69153-2550
      View Details
    • Value Estimation by Request
      928 SF

      109 4th St

      RETAIL STORES (PERSONAL SERVICES) • 928 SF
      109 4th St, Ogallala, NE 69153-2508
      View Details
    • Value Estimation by Request
      2,983 SF

      105 Spruce St

      RETAIL STORES (PERSONAL SERVICES) • 2,983 SF
      105 Spruce St, Ogallala, NE 69153-2550
      View Details

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    605 1st St
    Ogallala, NE 69153-2716
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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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