Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    126 1st St Rulo, NE 68431-1855

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    126 1st St Rulo, NE 68431-1855

    View on Map
    • Bars & Pubs
    • 3,956 SF
    • 0.34 lot acres
    Off-Market
    Property ID
    US57-0448237
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Bars & Pubs

    Property Details for 126 1st St

    Year built
    1890
    Lot size
    0.34 lot acres
    Property size
    3,956 SF
    Zone code
    03-COMMERCIAL
    Property type
    Bars & Pubs
    Property subtype
    Pubs
    APN
    740092251
    APU
    740092251

    Description

    Own a piece of Nebraska history with the Swingin' Doors Saloon, a well-established bar and grill located at 126 S. 1st Street in Rulo, NE. This turnkey operation is being offered for $180,000 and includes all furnishings, décor, equipment, liquor, and food inventory. The building has undergone a complete renovation, bringing it up to current Nebraska state codes. Improvements completed between 2015 and 2016 include a new roof (2024), a new sandwich prep table, stainless steel prep tables, an ice machine, three fryers, two flat grills, a beer cooler, and a 500# light-up advertising sign. The bar also features a walk-in cooler, flat-screen TVs, a cold and hot buffet table, a small office area, ample storage, and a fenced-in, partially covered beer garden. A large street parking area is available for patrons. The sale also includes a leased jukebox (owned by Acme) and a 1,000-gallon propane tank. Beyond the bar itself, the property boasts a large upper lot with a concrete pad and two camper hookups, currently housing two campers but offering potential for expansion with a lodge or additional dwelling. The property's prime location on 1st Street in Rulo, NE, places it at the corner of the Nebraska, Missouri, and Kansas state lines bordering the Missouri River. 2023 real estate taxes for the three lots and business totaled $741.26. This iconic establishment is priced to sell and presents a unique opportunity for a new owner to continue its legacy.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Rulo
    County
    Richardson
    State
    Nebraska
    Longitude
    -95.4273
    Latitude
    40.051

    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
    $735
    $535
    $44,119
    $44,654
    -
    $535
    $44,119
    $44,654

    Comparable in this City

    • Value Estimation by Request
      2,243 SF

      118 Main St

      RESTAURANT • 2,243 SF
      118 Main St, Rulo, NE 68431-1874
      View Details
    • Value Estimation by Request
      3,870 SF

      105 1st St

      GROCERY, SUPERMARKET • 3,870 SF
      105 1st St, Rulo, NE 68431
      View Details
    • Value Estimation by Request
      4,000 SF

      117 1st St

      RETAIL STORES (PERSONAL SERVICES) • 4,000 SF
      117 1st St, Rulo, NE 68431
      View Details
    • Value Estimation by Request
      1,050 SF

      125 1st St

      RETAIL STORES (PERSONAL SERVICES) • 1,050 SF
      125 1st St, Rulo, NE 68431
      View Details
    • Value Estimation by Request

      708 Rd

      Land
      0 708 Rd, Rulo, NE 68431
      View Details
    • Value Estimation by Request
      0.51 Acres

      3rd St

      VACANT COMMERCIAL LAND • 0.51 Acres
      3rd St, Rulo, NE 68431
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Hunting Land in Rulo, Nebraska

      Hunting land enrolled in the Wrp Program.
      660 Blvd, Rulo, NE 68431
      View Details
    • Contact for pricing

      Missouri River Frontage Land

      One-acre lots with Missouri River frontage for sale.
      708 708 Rd, Rulo, NE 68431
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    126 1st St
    Rulo, NE 68431-1855
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!