Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,650,000
Commercial real estate
8001 13th St Lincoln, NE 68512-9371
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US57-0256084
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2002
Total area
16,930 SF
Lot
1.87 ac (81,327 SF)
Zoning code
I3
APN
09-23-205-005-000
UPID
US57-0256084
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
-
Brown Immigration Law PC, LLO Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.85M
CAP Approach
CAP
$3.17M
Comparable Approach
Comparable
$2.75M
Blend (final)
Blend
$2.65M
Owner & transaction history
Ppt Property Management LLC · 4 yrs held
Ppt Property Management LLC
since 2021
Last sale
$2.2M
5 recorded transactions
Zoning & alternative use
I3 · Lincoln, NE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$3.6M
+30.8%
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
$2,825,000
ML approach
$2,845,000
CAP Approach
CAP Return
Estimation
6%
$3,430,000
6.5%
$3,165,000
7%
$2,940,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,750,000
Current use
RETAIL STORES
$3,595,000
Change: +31% · Conversion: Easy
Blend value · Realmo final
$2.65M
Range $2.39M – $2.92M · ±10% · vs last sale $2.16M (Nov 19 2021)
Last sale anchor
$2.16M
Nov 19 2021
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
$157 / 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
$40,357
Tax year 2024
Assessed value
$2,258,000
Assessed 2024
Previous assessed
$2,258,000
+0.0% YoY
Effective rate
1.79%
On assessed value
Assessed land
$386,200
Assessed improvement
$1,871,800
Land market value
$386,200
Improvement market value
$1,871,800
Total market value
$2,258,000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2002
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
16,930 SF
Lot
1.87 ac (81,327 SF)
Zoning code
I3
APN
09-23-205-005-000
UPID
US57-0256084
Jurisdiction
LANCASTER
Zoning & alternative use
I3 · Lincoln, NE
Zoning I3 · permitted uses
I3 · 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
COMMERCIAL (GENERAL) Current
Est. value
$2.8M
RETAIL STORES
Est. value
$3.6M
COMMERCIAL (GENERAL) Current
RETAIL STORES
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
2002
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
1.87 ac
Current owner
From public records · entity-resolved
Ppt Property Management LLC
Entity
Mailing address
201 N 13TH ST STE B, LINCOLN, NE 68508-1593
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 19, 2021
$2,160,000
Ppt Property Management LLC
Alpha Dog Proeprties Lcl
Warranty Deed
$1,728,000 · Frontier Bank
Mar 17, 2014
$1,835,000
Alpha Dog Properties LLC
Gary A Pickering
Warranty Deed
$1,400,000 · Wells Fargo Bank NA
Jun 11, 2002
—
Gary A Pickering
—
Trustees Deed
related
$1,350,000 · City Bank & Trust Co
—
—
Gary A Pickering
—
Deed Of Trust
related
$300,000 · Cattle Nat'l Bank & Trust Co
—
—
Gary A Pickering
—
Deed Of Trust
related
$50,000 · City Bank & Trust Co
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 8001 13th St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
