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Property profile & analytics
OFF-MARKET
Estimated value
$3,425,000
Hotels
1501 86th St Lincoln, NE 68505-3709
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US57-0137830
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
2011
Total area
59,368 SF
Lot
1.71 ac (74,488 SF)
Zoning code
B2
APN
17-14-329-006-000
UPID
US57-0137830
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
-
Staybridge Suites Lincoln Northeast, an IHG Hotel Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.58M
Comparable Approach
Comparable
$2.31M
Blend (final)
Blend
$3.43M
Owner & transaction history
Herberg LLC · 4 yrs held
Herberg LLC
since 2022
6 recorded transactions
Zoning & alternative use
B2 · 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%
$4,965,000
6.5%
$4,580,000
7%
$4,255,000
Alternative Use
Use
Estimation
HOTEL/MOTEL
$5,270,000
Current use
INDUSTRIAL (GENERAL)
$4,765,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$3.43M
Range $3.08M – $3.77M · ±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
$58 / 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
$85,574
Tax year 2024
Assessed value
$4,787,900
Assessed 2024
Previous assessed
$4,787,900
+0.0% YoY
Effective rate
1.79%
On assessed value
Assessed land
$668,800
Assessed improvement
$4,119,100
Land market value
$668,800
Improvement market value
$4,119,100
Total market value
$4,787,900
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
2011
Heating
HEAT PUMP
Cooling
YES
Units
83
Total area
59,368 SF
Lot
1.71 ac (74,488 SF)
Zoning code
B2
APN
17-14-329-006-000
UPID
US57-0137830
Jurisdiction
LANCASTER
Zoning & alternative use
B2 · Lincoln, NE
Zoning B2 · permitted uses
B2 · 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.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$5.3M
INDUSTRIAL (GENERAL)
Est. value
$4.8M
HOTEL/MOTEL Current
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2011
Heating
HEAT PUMP
Cooling
Yes
Units
83
Lot
1.71 ac
Current owner
From public records · entity-resolved
Herberg LLC
Entity
Mailing address
1242 PELICAN BAY PL, LINCOLN, NE 68528-1451
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 15, 2022
—
Herberg LLC
—
Deed
related
$8,000,000 · First State Bank Nebraska
Aug 3, 2011
—
Herberg LLC
—
Trustees Deed
related
$6,258,893 · Great Western Bank
—
—
Herberg LLC
—
Deed Of Trust
related
$4,721,295 · West Gate Bank
—
—
Herberg LLC
—
Deed Of Trust
related
$1,569,000 · Nebraska Economic Dev Corp
—
—
Herberg LLC
—
Deed Of Trust
related
$4,694,350 · Great Western Bank
—
—
Herberg LLC
—
Deed Of Trust
related
$6,258,893 · Great Western Bank
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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