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    Property profile & analytics

    85603 581st Ave Wakefield, NE 68784-5189

    • Commercial real estate
    • 15,028 SF
    OFF-MARKET
    Value Estimation
    $455,000
    Location Intelligence
    Property ID
    US57-0548300
    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

    • Dunrite Repair LLC / Truck Repair Shop

    Property Details for 85603 581st Ave

    Year built
    2019
    Property size
    15,028 SF
    Zone code
    05-AGRICULTURAL
    Property type
    Commercial real estate
    APN
    0008082.00
    APU
    808200

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Wakefield
    County
    Wayne
    State
    Nebraska
    Longitude
    -96.9206
    Latitude
    42.2483

    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
    $2,430
    $0.00
    $231,180
    $231,180
    -
    $0.00
    $231,180
    $231,180

    Comparable in this City

    • Value Estimation by Request
      103,200 SF

      58355 853rd Rd

      COMMERCIAL (GENERAL) • 103,200 SF
      58355 853rd Rd, Wakefield, NE 68784-5201
      View Details
    • Value Estimation by Request
      7,000 SF

      309 Oak St

      COMMERCIAL (GENERAL) • 7,000 SF
      309 Oak St, Wakefield, NE 68784
      View Details
    • Value Estimation by Request
      4,000 SF

      224 Main St

      COMMERCIAL (GENERAL) • 4,000 SF
      224 Main St, Wakefield, NE 68784-6027
      View Details
    • Value Estimation
      $415,000
      5,408 SF

      85470 585th Ave

      COMMERCIAL (GENERAL) • 5,408 SF
      85470 585th Ave, Wakefield, NE 68784-5152
      View Details
    • Value Estimation
      $395,000
      5,264 SF

      105 Johnson St, Unit 117

      COMMERCIAL (GENERAL) • 5,264 SF
      105 Johnson St, Wakefield, NE 68784-5098
      View Details
    • Value Estimation by Request
      550 SF

      105 3rd St

      COMMERCIAL (GENERAL) • 550 SF
      105 3rd St, Wakefield, NE 68784
      View Details
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    85603 581st Ave
    Wakefield, NE 68784-5189
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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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