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    Property profile & analytics

    605 Pacific St Lexington, NE 68850-2156

    • Motels
    • 1,900 SF
    OFF-MARKET
    Value Estimation
    $310,000
    Last Sale
    Mar 02, 2024
    $472,239
    Location Intelligence
    Property ID
    US57-0633894
    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

    • L R Ranch Motel / Motel / Hotel

    Property Details for 605 Pacific St

    Year built
    1952
    Construction
    CONCRETE BLOCKS
    Property size
    1,900 SF
    Zone code
    03-COMMERCIAL
    Property type
    Motels
    APN
    240137329
    APU
    240137329

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lexington
    County
    Dawson
    State
    Nebraska
    Longitude
    -99.7341
    Latitude
    40.7756
    CBSA code
    30420
    CBSA name
    LEXINGTON, 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
    $4,445
    $42,673
    $223,220
    $265,893
    -
    $42,673
    $223,220
    $265,893

    Comparable in this City

    • Value Estimation by Request
      14,760 SF

      2506 Plum Crk Pkwy

      MOTEL • 14,760 SF
      2506 Plum Crk Pkwy, Lexington, NE 68850-2814
      View Details
    • Value Estimation by Request
      31,173 SF

      2605 Plum Crk Pkwy

      MOTEL • 31,173 SF
      2605 Plum Crk Pkwy, Lexington, NE 68850-2817
      View Details
    • Value Estimation by Request
      18,278 SF

      104 Riv Rd

      MOTEL • 18,278 SF
      104 Riv Rd, Lexington, NE 68850-5609
      View Details
    • Value Estimation by Request
      18,700 SF

      2810 Plum Crk Pkwy

      MOTEL • 18,700 SF
      2810 Plum Crk Pkwy, Lexington, NE 68850-5627
      View Details
    • Value Estimation
      $280,000
      1,980 SF

      311 5th St

      MOTEL • 1,980 SF
      311 5th St, Lexington, NE 68850-1841
      View Details
    • Value Estimation
      $545,000
      2,552 SF

      505 Pacific St

      MOTEL • 2,552 SF
      505 Pacific St, Lexington, NE 68850-2151
      View Details
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    605 Pacific St
    Lexington, NE 68850-2156
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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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