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Property profile & analytics
OFF-MARKET
Estimated value
$1,915,000
Retail space
1245 Libra Dr Lincoln, NE 68512-9707
Entity Owned
10-yr Hold
Absentee Owner
Free & Clear
Property ID
US57-1182369
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2004
Total area
14,840 SF
Lot
0.49 ac (21,149 SF)
Zoning code
I3
APN
09-23-208-001-000
UPID
US57-1182369
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
-
PHO 14 Restaurant
-
ATM Atm
-
Salon K & Barbers On Arapahoe Barber Shop
-
Barbers On Arapahoe Barber Shop
-
Red Fox Steak House & Lounge Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.36M
Blend (final)
Blend
$1.92M
Owner & transaction history
I-rent LLC · 10 yrs held
I-rent LLC
since 2015
7 recorded transactions
Zoning & alternative use
I3 · Lincoln, 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 Lincoln submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lincoln 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.92M
Range $1.72M – $2.11M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$129 / SF
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 2024Property tax & assessments
Tax year 2024
Tax billed
$41,966
Tax year 2024
Assessed value
$2,348,000
Assessed 2024
Previous assessed
$2,523,000
-6.9% YoY
Effective rate
1.79%
On assessed value
Assessed land
$428,300
Assessed improvement
$1,919,700
Land market value
$428,300
Improvement market value
$1,919,700
Total market value
$2,348,000
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2004
Heating
YES
Cooling
YES
Units
1
Total area
14,840 SF
Lot
0.49 ac (21,149 SF)
Zoning code
I3
APN
09-23-208-001-000
UPID
US57-1182369
Jurisdiction
LANCASTER
Zoning & alternative use
I3 · Lincoln, NE
Zoning I3 · permitted uses
I3 · Lincoln, NE
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lincoln. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2004
Heating
YES
Cooling
Yes
Units
1
Lot
0.49 ac
Current owner
From public records · entity-resolved
I-rent LLC
Entity
Free & Clear · 10 yrs held
Mailing address
9201 WILDFIRE RD, LINCOLN, NE 68512-9388
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 6, 2020
—
Phong T Nguyen
—
Deed
related
$1,200,000 · Cornhusker Bank
Aug 21, 2018
—
Prong T Nguyen
—
Deed
related
$1,200,000 · Cornhusker Bk
Sep 7, 2017
—
Phong T Nguyen
—
Deed
related
$1,700,000 · Cornhusker Bk
Nov 18, 2015
—
I-rent LLC
Nguyen,phong T
Quit Claim Deed
related
—
Dec 8, 2014
$1,453,000
Phong T Nguyen
Kenneth D Kiene
Warranty Deed
$1,040,000 · Exchange Bank
Dec 2, 2004
—
South Industrial Park LLC
—
Trustees Deed
related
$150,000 · Pinnacle Bank
Aug 4, 2004
$76,000
South Industrial Park LLC
Security Financial Life Ins
Warranty Deed
—
Jul 30, 2004
$380,000
Kenneth D Kiene
South Industrial Park LLC
Warranty Deed
—
Mar 11, 2004
—
South Industrial Park LLC
—
Trustees Deed
related
$1,000,000 · Pinnacle Bank
—
—
Phong T Nguyen
—
Loan Modification
related
$1,700,000 · Cornhusker Bk
—
—
Prong T Nguyen
—
Loan Modification
related
$1,200,000 · Cornhusker Bk
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.
Try Rey
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