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    Property profile & analytics

    Rail Rd Spur Shelby, NE 68662

    • Commercial real estate
    • 14.70 lot acres
    OFF-MARKET
    Value Estimation
    $360,000
    Location Intelligence
    Property ID
    US57-0432531
    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

    • Commercial real estate

    Property Details for Rail Rd Spur

    Lot size
    14.70 lot acres
    Zone code
    03-COMMERCIAL
    Property type
    Commercial real estate
    APN
    720044669
    APU
    720044669

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Shelby
    County
    Polk
    State
    Nebraska
    Longitude
    -97.4118
    Latitude
    41.1947

    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
    $2,013
    $91,300
    $111,085
    $202,385
    -
    $91,300
    $111,085
    $202,385

    Comparable in this City

    • Value Estimation by Request
      288 SF

      13710 V Rd

      COMMERCIAL (GENERAL) • 288 SF
      13710 V Rd, Shelby, NE 68662
      View Details
    • Value Estimation by Request
      1,424 SF

      Shelby, NE 68662

      COMMERCIAL (GENERAL) • 1,424 SF
      Shelby, NE 68662
      View Details
    • Value Estimation by Request
      5,936 SF

      Ash Cherry

      COMMERCIAL (GENERAL) • 5,936 SF
      Ash Cherry, Shelby, NE 68662
      View Details
    • Value Estimation by Request
      3,348 SF

      155 Walnut St

      COMMERCIAL (GENERAL) • 3,348 SF
      155 Walnut St, Shelby, NE 68662
      View Details
    • Value Estimation by Request
      1.24 Acres

      420 Pne St

      COMMERCIAL (GENERAL) • 1.24 Acres
      420 Pne St, Shelby, NE 68662-5502
      View Details
    • Value Estimation by Request
      704 SF

      500 Pne St

      COMMERCIAL (GENERAL) • 704 SF
      500 Pne St, Shelby, NE 68662
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Residential Lot in Shelby, Nebraska

      Vacant residential lot in Shelby, Nebraska, near the high school.
      210 W Washington St, Shelby, NE 68662
      View Details
    • Contact for pricing

      Residential Lot in Shelby, NE

      Residential lot available in Shelby, Nebraska.
      440 W Pine St, Shelby, NE 68662
      View Details
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    Rail Rd Spur
    Shelby, NE 68662
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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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