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Property profile & analytics
OFF-MARKET
Estimated value
$1,810,000
Hotels
3001 12th St Lincoln, NE 68521-3608
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US57-0261366
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1972
Total area
37,272 SF
Lot
1.77 ac (77,101 SF)
Zoning code
H3
APN
11-16-200-012-000
UPID
US57-0261366
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
-
Americas Best Value Inn Lincoln Airport Hotel & Motel
-
Delizioso Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.39M
Blend (final)
Blend
$1.81M
Owner & transaction history
Lincoln M6 Investments LP · 13 yrs held
Lincoln M6 Investments LP
since 2013
4 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$2,990,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$1.81M
Range $1.63M – $1.99M · ±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
$49 / 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
$36,207
Tax year 2024
Assessed value
$2,025,800
Assessed 2024
Previous assessed
$2,025,800
+0.0% YoY
Effective rate
1.79%
On assessed value
Assessed land
$501,100
Assessed improvement
$1,524,700
Land market value
$501,100
Improvement market value
$1,524,700
Total market value
$2,025,800
Applied tax rate
9,938.0000
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
1972
Heating
HEAT PUMP
Cooling
YES
Stories
1
Units
96
Total area
37,272 SF
Lot
1.77 ac (77,101 SF)
Zoning code
H3
APN
11-16-200-012-000
UPID
US57-0261366
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
$3.0M
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
1972
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Units
96
Lot
1.77 ac
Current owner
From public records · entity-resolved
Lincoln M6 Investments LP
Entity
Mailing address
5600 CORNHUSKER HWY, LINCOLN, NE 68507-3106
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 25, 2013
$545,000
Lincoln M6 Investments LP
Motel 6 Operating LP
Grant Deed
—
Jun 25, 2013
$865,000
Jfk INC
Lincoln M6 Investments LP
Warranty Deed
$843,969 · Nebraska Bank Of Commerce
—
—
Jfk INC
—
Deed Of Trust
related
$333,000 · Nebraska Economic Dev Corp
—
—
Jfk INC
—
Loan Modification
related
$622,000 · Nebraska Bk/commerce
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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