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Property profile & analytics
OFF-MARKET
Estimated value
$2,665,000
Hotels
331 Cotner Blvd Lincoln, NE 68505-2315
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US57-0247683
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
2009
Total area
47,404 SF
Lot
2.14 ac (93,306 SF)
Zoning code
H2
APN
17-21-324-002-000
UPID
US57-0247683
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
-
Comfort Suites East Lincoln - Mall Area Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.66M
Comparable Approach
Comparable
$1.70M
Blend (final)
Blend
$2.67M
Owner & transaction history
Sai Properties INC · 9 yrs held
Sai Properties INC
since 2016
7 recorded transactions
Zoning & alternative use
H2 · 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%
$3,965,000
6.5%
$3,660,000
7%
$3,395,000
Alternative Use
Use
Estimation
HOTEL/MOTEL
$4,205,000
Current use
INDUSTRIAL (GENERAL)
$3,805,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$2.67M
Range $2.40M – $2.93M · ±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
$56 / 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
$62,983
Tax year 2024
Assessed value
$3,523,900
Assessed 2024
Previous assessed
$4,133,000
-14.7% YoY
Effective rate
1.79%
On assessed value
Assessed land
$1,166,400
Assessed improvement
$2,357,500
Land market value
$1,166,400
Improvement market value
$2,357,500
Total market value
$3,523,900
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
2009
Heating
HEAT PUMP
Cooling
YES
Stories
1
Units
82
Total area
47,404 SF
Lot
2.14 ac (93,306 SF)
Zoning code
H2
APN
17-21-324-002-000
UPID
US57-0247683
Jurisdiction
LANCASTER
Zoning & alternative use
H2 · Lincoln, NE
Zoning H2 · permitted uses
H2 · 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
$4.2M
INDUSTRIAL (GENERAL)
Est. value
$3.8M
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
2009
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Units
82
Lot
2.14 ac
Current owner
From public records · entity-resolved
Sai Properties INC
Entity
Mailing address
331 N COTNER BLVD, LINCOLN, NE 68505-2315
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2016
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
Dec 17, 2025
—
Sai Properties INC
—
Deed
related
$7,525,000 · Cobalt Cu
Aug 22, 2019
—
Sai Properties INC
—
Deed
related
$6,454,474 · Cobalt Cu
Mar 29, 2019
—
Sai Properties INC
—
Deed
related
$6,480,000 · Sac FCU
Dec 23, 2016
$6,500,000
Sai Properties INC
One Investment LLC
Warranty Deed
$5,808,000 · Northwest Bank
—
—
Sai Properties INC
—
Deed Of Trust
related
$6,480,000 · Sac FCU
—
—
Sai Properties INC
—
Deed Of Trust
related
$6,454,474 · Cobalt Cu
—
—
Sai Properties INC
—
Deed Of Trust
related
$6,454,474 · Cobalt Cu
—
—
One Investment LLC
—
Deed Of Trust
related
$5,335,000 · West Gate 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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