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Property profile & analytics
OFF-MARKET
Bars & Pubs
243 3rd St Arlington, NE 68002-3126
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US57-0114062
Property profile
Verified
Property type
Bars & Pubs
Use group
BAR, TAVERN
Year built
1890
Total area
2,832 SF
Lot
0.2 ac (8,710 SF)
Zoning code
03-COMMERCIAL
APN
890034293
UPID
US57-0114062
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
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
The Barn Establishment INC · 4 yrs held
The Barn Establishment INC
since 2021
Last sale
$143,810
7 recorded transactions
Zoning & alternative use
03-COMMERCIAL · Arlington, 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 Arlington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Arlington 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
$2,174
Tax year 2023
Assessed value
$117,590
Assessed 2023
Previous assessed
$117,590
+0.0% YoY
Effective rate
1.85%
On assessed value
Assessed land
$10,890
Assessed improvement
$106,700
Land market value
$10,890
Improvement market value
$106,700
Total market value
$117,590
Applied tax rate
202.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Bars & Pubs
Use group
BAR, TAVERN
Status
Off-Market
Year built
1890
Heating
CENTRAL
Cooling
AC.PACKAGE
Buildings
5
Stories
1
Total area
2,832 SF
Lot
0.2 ac (8,710 SF)
Zoning code
03-COMMERCIAL
APN
890034293
UPID
US57-0114062
Jurisdiction
WASHINGTON
Zoning & alternative use
03-COMMERCIAL · Arlington, NE
Zoning 03-COMMERCIAL · permitted uses
03-COMMERCIAL · Arlington, NE
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Arlington. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1890
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
5
Lot
0.2 ac
Current owner
From public records · entity-resolved
The Barn Establishment INC
Entity
Mailing address
6246 COUNTY RD 9TH 9, ARLINGTON, NE 68002-5008
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 7, 2023
—
Vogt Real Estate LLC
—
Deed
related
$150,000 · First Westroads Bank INC
Aug 31, 2021
$145,000
The Barn Establishment INC
Ml & Rj Investments LLC
Warranty Deed
$151,569 · Dundee Bank
Nov 21, 2017
—
Ml & Rj Investments LLC
—
Deed
related
$140,000 · Dundee Bk
Apr 21, 2014
—
Ml & Rj Investments LLC
Lesch,michael J
Warranty Deed
related
$140,000 · Dundee Bk
Oct 22, 2008
$11,000
Michael J Lesch
Jacobsen,robert A JR & Cynthia A
Quit Claim Deed
related
—
Aug 30, 2006
$70,000
Michael J Lesch
Craft Ents Corp
Warranty Deed
—
—
—
Michael J Lesch
—
Deed Of Trust
related
$70,850 · Home State Bank
—
—
Ml & Rj Investments LLC
—
Loan Modification
related
$140,000 · Dundee 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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