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Property profile & analytics
OFF-MARKET
Estimated value
$6,540,000
Hotels
808 R St Lincoln, NE 68508-1520
Individually Owned
9-yr Hold
Free & Clear
Property ID
US57-0088933
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
2012
Total area
100,858 SF
Lot
0.58 ac (25,111 SF)
Zoning code
B4
APN
10-23-451-001-000
UPID
US57-0088933
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
-
Courtyard Lincoln Downtown/Haymarket Hotel & Motel
-
The Bistro – Eat. Drink. Connect.® Restaurant
-
Blue Sushi Sake Grill Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$7.79M
Comparable Approach
Comparable
$5.93M
Blend (final)
Blend
$6.54M
Owner & transaction history
Castlwood Piunnacle South Jordan Ll · 9 yrs held
Castlwood Piunnacle South Jordan Ll
since 2016
3 recorded transactions
Zoning & alternative use
B4 · 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%
$8,430,000
6.5%
$7,785,000
7%
$7,225,000
Alternative Use
Use
Estimation
HOTEL/MOTEL
$8,950,000
Current use
INDUSTRIAL (GENERAL)
$8,090,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$6.54M
Range $5.89M – $7.19M · ±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
$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
$324,091
Tax year 2024
Assessed value
$18,133,000
Assessed 2024
Previous assessed
$18,133,000
+0.0% YoY
Effective rate
1.79%
On assessed value
Assessed land
$1,054,700
Assessed improvement
$17,078,300
Land market value
$1,054,700
Improvement market value
$17,078,300
Total market value
$18,133,000
Applied tax rate
9,916.0000
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
2012
Heating
HEAT PUMP
Cooling
AC.CHILLED WATER
Units
155
Total area
100,858 SF
Lot
0.58 ac (25,111 SF)
Zoning code
B4
APN
10-23-451-001-000
UPID
US57-0088933
Jurisdiction
LANCASTER
Zoning & alternative use
B4 · Lincoln, NE
Zoning B4 · permitted uses
B4 · 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
$9.0M
INDUSTRIAL (GENERAL)
Est. value
$8.1M
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
2012
Heating
HEAT PUMP
Cooling
Yes
Units
155
Lot
0.58 ac
Current owner
From public records · entity-resolved
Castlwood Piunnacle South Jordan Ll
Individual
Free & Clear · 9 yrs held
Mailing address
2733 E PARLEYS WAY STE #300, SALT LAKE CITY, UT 84109-1661
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 20, 2016
—
Castlwood Piunnacle South Jordan Ll
Block 21 LLC
Special Warranty Deed
—
Nov 23, 2011
$4,000
Block 21 LLC
Wrk LLC
Quit Claim Deed
related
—
Mar 25, 2011
—
Block 21 LLC
—
Trustees Deed
related
$50,000 · Access 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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