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Property profile & analytics
OFF-MARKET
Estimated value
$2,090,000
Hotels
1511 Ctr Park Rd Lincoln, NE 68512-1227
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US57-0246681
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1978
Total area
40,928 SF
Lot
1.84 ac (80,063 SF)
Zoning code
H3
APN
09-12-101-003-000
UPID
US57-0246681
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
-
FedEx Drop Box Postal Service Courier Service
-
Quality Inn & Suites Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.28M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.13M
Blend (final)
Blend
$2.09M
Owner & transaction history
Guru Hargobind Ji LLC · 3 yrs held
Guru Hargobind Ji LLC
since 2022
Last sale
$2.0M
7 recorded transactions
Zoning & alternative use
H3 · 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
$2,130,000
ML approach
$2,280,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$3,285,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$2.09M
Range $1.88M – $2.30M · ±10% · vs last sale $1.95M (Aug 3 2022)
Last sale anchor
$1.95M
Aug 3 2022
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
$51 / 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
$27,880
Tax year 2024
Assessed value
$1,559,900
Assessed 2024
Previous assessed
$1,566,900
-0.4% YoY
Effective rate
1.79%
On assessed value
Assessed land
$440,500
Assessed improvement
$1,119,400
Land market value
$440,500
Improvement market value
$1,119,400
Total market value
$1,559,900
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
1978
Heating
HEAT PUMP
Cooling
YES
Stories
1
Units
63
Total area
40,928 SF
Lot
1.84 ac (80,063 SF)
Zoning code
H3
APN
09-12-101-003-000
UPID
US57-0246681
Jurisdiction
LANCASTER
Zoning & alternative use
H3 · Lincoln, NE
Zoning H3 · permitted uses
H3 · 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
INDUSTRIAL (GENERAL)
Est. value
$3.3M
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
1978
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Units
63
Lot
1.84 ac
Current owner
From public records · entity-resolved
Guru Hargobind Ji LLC
Entity
Mailing address
2767 W AMINI WAY S, SOUTH JORDAN, UT 84095-9269
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 3, 2022
$1,950,000
Guru Hargobind Ji LLC
Laghu Raj LLC
Warranty Deed
$1,690,000 · Home Loan And Investment Bank Fsb
Jan 3, 2017
—
Laghu Raj LLC
—
Deed
related
$1,126,000 · Great Wstrn Bk
Feb 9, 2012
$850,000
Laghu Raj LLC
Mutual Asset Holdings LLC
Grant Deed
$980,000 · Pinnacle Bank
Aug 3, 2011
$1,153,000
Mutual Asset Holdings LLC
Mutual Of Omaha Bk
Grant Deed
—
Dec 29, 2010
$1,153,000
Mutual Of Omaha Bk
Adams,brian J
Trustees Deed
related
—
Jul 15, 1999
$1,450,000
G B & D Enterprises INC
Price,l C & Esther M
Grant Deed
$2,000,000 · Security Fsb
—
—
Laghu Raj LLC
—
Deed Of Trust
related
$50,000 · Pinnacle Bank
—
—
Laghu Raj LLC
—
Loan Modification
related
$1,126,000 · Great Wstrn Bk
—
—
Gb&d Enterprises INC
—
Deed Of Trust
related
$354,500 · Security Federal Savings
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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