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Property profile & analytics
OFF-MARKET
Estimated value
$705,000
Warehouses
100 12th Ave El Dorado, KS 67042
Entity Owned
7-yr Hold
Absentee Owner
Free & Clear
Property ID
US33-0117923
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1954
Construction
STEEL FRAME
Total area
6,080 SF
Lot
6.3 ac (274,428 SF)
Zoning code
I1F
APN
008-167-35-0-10-20-004.00-0
UPID
US33-0117923
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$635k
Comparable Approach
Comparable
$779k
Blend (final)
Blend
$705k
Owner & transaction history
Railserve INC · 7 yrs held
Railserve INC
since 2019
4 recorded transactions
Zoning & alternative use
I1F · El Dorado, KS
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$885,000
+62.9%
Commercial (general)
$710,000
+30.1%
Office building
$625,000
+14.9%
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 El Dorado submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs El Dorado 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%
$685,000
6.5%
$635,000
7%
$590,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$545,000
Current use
RESTAURANT
$885,000
Change: +63% · Conversion: Difficult
COMMERCIAL (GENERAL)
$710,000
Change: +30% · Conversion: Difficult
OFFICE BUILDING
$625,000
Change: +15% · Conversion: Difficult
MEDICAL BUILDING
$590,000
Change: +9% · Conversion: Difficult
AUTO REPAIR, GARAGE
$560,000
Change: +3% · Conversion: Easy
RETAIL STORES
$540,000
Change: -1% · Conversion: Moderate
Blend value · Realmo final
$705k
Range $635k – $776k · ±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
$116 / 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 2019Property tax & assessments
Tax year 2019
Tax billed
$9,109
Tax year 2019
Assessed value
$80,688
Assessed 2023
Previous assessed
$80,688
+0.0% YoY
Effective rate
11.29%
On assessed value
Assessed land
$36,000
Assessed improvement
$44,688
Land market value
$144,000
Improvement market value
$178,750
Total market value
$322,750
Applied tax rate
7.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1954
Construction
STEEL FRAME
Heating
SPACE
Cooling
NONE
Buildings
3
Total area
6,080 SF
Lot
6.3 ac (274,428 SF)
Zoning code
I1F
APN
008-167-35-0-10-20-004.00-0
UPID
US33-0117923
Jurisdiction
BUTLER
Zoning & alternative use
I1F · El Dorado, KS
Zoning I1F · permitted uses
I1F · El Dorado, KS
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
El Dorado. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$545,000
RESTAURANT
Est. value
$885,000
COMMERCIAL (GENERAL)
Est. value
$710,000
OFFICE BUILDING
Est. value
$625,000
MEDICAL BUILDING
Est. value
$590,000
AUTO REPAIR, GARAGE
Est. value
$560,000
RETAIL STORES
Est. value
$540,000
WAREHOUSE, STORAGE Current
RESTAURANT
COMMERCIAL (GENERAL)
OFFICE BUILDING
MEDICAL BUILDING
AUTO REPAIR, GARAGE
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
1954
Construction
STEEL FRAME
Heating
SPACE
Cooling
Yes
Buildings
3
Lot
6.3 ac
Current owner
From public records · entity-resolved
Railserve INC
Entity
Free & Clear · 7 yrs held
Mailing address
655 S PR AVE, FRANKFORT, IN 46041-7441
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 3, 2019
—
Railserve INC
Criss Dev LLC
Warranty Deed
related
—
Feb 6, 2013
—
Criss Dev LLC
Criss,ramon & Betty
Quit Claim Deed
related
—
Jul 8, 2009
—
Ramon Criss
Butler County Cmnty College Fo
Warranty Deed
related
$212,500 · Emprise Bank
Jun 30, 2009
—
Butler County Cmnty Clg Foun
Criss Investments INC
Warranty Deed
related
—
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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