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Property profile & analytics
OFF-MARKET
Motels
104 Riv Rd Lexington, NE 68850-5609
Entity Owned
Absentee Owner
Free & Clear
Property ID
US57-0581522
Property summary
AI-generated overview
This 48-key Super 8 hotel in Lexington, Nebraska, presents a compelling investment opportunity. Located on East River Road, this two-story, 18,274 square foot property, built in 1988, benefits from its prime Interstate 80 location, ensuring high visibility and accessibility for both business and leisure travelers. The hotel's convenient proximity to local attractions, dining, and shopping options further enhances its appeal. Amenities include truck parking, a spa, and guest laundry facilities. Recent renovations minimize the need for immediate capital expenditures (PIP). The hotel's strong performance is further supported by the presence of a major employer, Tyson Foods, in Lexington. This established hotel offers a comfortable and affordable stay, attracting a consistent stream of guests. The asking price is $1,600,000. This property represents a solid investment in a thriving Nebraska market.
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1988
Total area
18,278 SF
Zoning code
03-COMMERCIAL
APN
240150600
UPID
US57-0581522
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Super 8 by Wyndham Lexington Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
DEVI LLC
DEVI LLC
Zoning & alternative use
03-COMMERCIAL · Lexington, NE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Lexington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lexington submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$16,475
Tax year 2023
Assessed value
$1,239,301
Assessed 2023
Previous assessed
$1,111,041
+11.5% YoY
Effective rate
1.33%
On assessed value
Assessed land
$34,726
Assessed improvement
$1,204,575
Land market value
$34,726
Improvement market value
$1,204,575
Total market value
$1,239,301
Applied tax rate
1,005.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Motels
Use group
MOTEL
Status
Off-Market
Year built
1988
Heating
YES
Cooling
YES
Stories
2
Total area
18,278 SF
Zoning code
03-COMMERCIAL
APN
240150600
UPID
US57-0581522
Jurisdiction
DAWSON
Zoning & alternative use
03-COMMERCIAL · Lexington, NE
Zoning 03-COMMERCIAL · permitted uses
03-COMMERCIAL · Lexington, NE
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lexington. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1988
Heating
YES
Cooling
Yes
Stories
2
Current owner
From public records · entity-resolved
DEVI LLC
Entity
Free & Clear · 0 yrs held
Mailing address
2506 PLUM CRK PKWY, LEXINGTON, NE 68850-2814
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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