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Lancaster County Assessor / Register of Deeds
QuickRef ID Owner Property Address 2025 Assessed Value
R28192
J&R PROPERTIES LLC
140 N 1ST ST, LINCOLN, NE 68508 $591,000

2025 GENERAL INFORMATION
Property Status A-Active
Property Type Real Property
Property Class Commercial Improved
Zoning I1 - I1-Industrial District
Legal Description LINCOLN ORIGINAL, BLOCK 251, Lot 5 - 6, & N1/2 E/W ALLEY ADJ & VAC E14' N 1ST ST ADJ & VAC S14' P ST ADJ
Neighborhood Central Lincoln
Property ID 10-23-331-012-000
Taxing Unit Group 9400
TAXING UNIT GROUP 9400 TAXING DISTRICTS
CODE DESCRIPTION
3010 LPS 1 GENERAL
1010 LANCASTER COUNTY
1030 PUBLIC BUILDING COMMISSION
2010 LINCOLN
3011 LPS 1 2006 BOND
4050 ESU #18
7010 LOWER PLATTE NRD
7030 RAILROAD TRANSPORTATION SAFETY DISTRICT
7040 SOUTHEAST COMMUNITY COLLEGE
7060 AGRICULTURAL SOCIETY
7065 COUNTY FAIRGR-JPA
3013 LPS 1 2014 BOND
7075 CORR FAC JPA COUNTY
7080 CORR FAC JPA CITY
9400 TIF WEST O ST REVITALIZATION PROJECT
3015 LPS 1 2020 BOND
6071 LINCOLN AIRPORT AUTHORITY

2025 OWNER INFORMATION
Owner Name J&R PROPERTIES LLC
Mailing Address 11250 N 56TH ST LINCOLN, NE 68514
Exemptions Tax Increment Financing
Percent Ownership 100%
2025 VALUE INFORMATION
Total Non-Ag Assessed $591,000
Total Ag Sp Assessed $0

PROPERTY PHOTO

2025 COMMERCIAL IMPROVEMENTS
Expand/Collapse All
  • Building #1 Building Type
    - 85-Service - Multi Tenant
    ID OCCUPANCY YEAR BUILT AREA COMPONENTS
    1 Office Building 1999 630 Details
    2 Storage Warehouse 1999 5,310 Details
    3 Office Building 1999 540 Details
    4 Storage Warehouse 1999 249 Details
    5 Office Building 1999 381 Details
    6 Office Building 1999 540 Details
    7 Storage Warehouse 1999 5,310 Details

2025 OTHER BUILDINGS AND YARD IMPROVEMENTS
Expand/Collapse All
  • Improvement #1 Improvement Type Year Built Area
    - Paving - Concrete 2000 11124
    ID CODE UNITS PERCENT
    1 Paving, Concrete with Base 11124 -

MARKET LAND SEGMENTS
LAND TYPE ZONING METHOD ACRES SQFT LAND VALUE
CIL-Industrial I1-Industrial District Sqft Method of Valuation - 18,671 $112,030

ASSESSED VALUE HISTORY
YEAR LAND BUILDING TOTAL
2024 $70,000 $499,100 $569,100
2023 $70,000 $518,400 $588,400
2022 $70,000 $440,500 $510,500
2021 $70,000 $408,500 $478,500
2020 $70,000 $328,800 $398,800

SALES HISTORY
SALE DATE SELLER BUYER INSTR # Sale Price
12/30/2024 REZAC, MICHAEL J & BOBBI J
J&R PROPERTIES LLC 2025000195 $600,000
6/28/2001 D M K PROPERTIES
REZAC, MICHAEL J & BOBBI J 2001051234 $0
6/28/2001 D M K PROPERTIES
REZAC, MICHAEL J & BOBBI J 2001039541 $0

PROPERTY PHOTOS
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DISCLAIMER

TO ACCESS the ASSESSOR/REGISTER of DEEDS GENERAL INFORMATION PAGE, click on the Lancaster County logo. DISCLAIMER Every effort has been made to offer the most current and correct information possible on these pages. The information included on these pages has been compiled by County staff from a variety of sources, and is subject to change without notice. The County Assessor makes no warranties or representations whatsoever regarding the quality, content, completeness, accuracy or adequacy of such information and data. The County Assessor reserves the right to make changes at any time without notice. By using this application, you assume all risks arising out of or associated with access to these pages, including but not limited to risks of damage to your computer, peripherals, software and data from any virus, software, file or other cause associated with access to this application. The County Assessor shall not be liable for any damages whatsoever arising out of any cause relating to use of this application, including but not limited to mistakes, omissions, deletions, errors, or defects in any information contained in these pages, or any failure to receive or delay in receiving information.