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Property profile & analytics
FOR LEASE
Retail space
3939 N 48Th St Lincoln, NE 68504
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US57-0197309
For Lease
1 / 2
$1,250,000
3939 N 48Th St, Lincoln, NE 68504
View Listing →
Property summary
AI-generated overview
This Lincoln, Nebraska office property, located at 3939 N 48th Street, Suite 202, offers flexible space options in a well-maintained building. The property features a total of 19,102 square feet across one, two-story building, constructed in 1977 and renovated in 2005. The space is classified as Class C and is zoned I1. Individual suites range from 246 to 1,252 contiguous square feet, with a minimum divisible space of 333 square feet
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1977
Total area
19,102 SF
Lot
1.01 ac (43,996 SF)
Zoning code
I1
APN
17-08-115-018-000
UPID
US57-0197309
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
-
LASR Team LLC Shooting Range Software Company
-
Shin Koo Hapkido and Self Defense Training Center Sports School
-
Muddy Mutts Grooming Pet Grooming Service
-
Johnson Hardware Co. Building Supply Hardware & Home Improvement
-
Mad House Beauty Spa & Massage Center Skin Care Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.25M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$823k
Blend (final)
Blend
$1.25M
Owner & transaction history
Lnt Rental LLC · 2 yrs held
Lnt Rental LLC
since 2024
Last sale
$1.3M
7 recorded transactions
Zoning & alternative use
I1 · 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
$1,250,000
ML approach
$1,250,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.25M
Range $1.13M – $1.38M · ±10% · vs last sale $1.25M (Jun 11 2024)
Last sale anchor
$1.25M
Jun 11 2024
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
$65 / 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
$20,625
Tax year 2024
Assessed value
$1,154,000
Assessed 2024
Previous assessed
$1,175,100
-1.8% YoY
Effective rate
1.79%
On assessed value
Assessed land
$220,000
Assessed improvement
$934,000
Land market value
$220,000
Improvement market value
$934,000
Total market value
$1,154,000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Lease
Year built
1977
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
19,102 SF
Lot
1.01 ac (43,996 SF)
Zoning code
I1
APN
17-08-115-018-000
UPID
US57-0197309
Jurisdiction
LANCASTER
Zoning & alternative use
I1 · Lincoln, NE
Zoning I1 · permitted uses
I1 · 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.
Building & site characteristics
From public records
Year built
1977
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
1.01 ac
Current owner
From public records · entity-resolved
Lnt Rental LLC
Entity
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 11, 2024
$1,250,000
Lnt Rental LLC
Jiang Enterprises LLC
Warranty Deed
$150,000 · Midwest Bank
Jan 31, 2020
—
Jlang Ents LLC
—
Deed
related
$1,550,000 · Union Bk&tr
Jan 14, 2019
—
Jlang Ents LLC
—
Deed
related
$100,000 · Union Bk&tr
—
—
Jlang Ents LLC
—
Deed Of Trust
related
$100,000 · Union Bk&tr
—
—
Jerome S Lang
—
Deed Of Trust
related
$300,000 · Union Bank & Trust
—
—
Jlang Ents LLC
—
Deed Of Trust
related
$700,000 · Union Bk&tr
—
—
Jlang Ents LLC
—
Loan Modification
related
$1,550,000 · Union Bk&tr
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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