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Property profile & analytics
OFF-MARKET
Estimated value
$1,195,000
Retail space
108 9th St Osage City, KS 66523-1187
Entity Owned
Free & Clear
Property ID
US33-0972498
Property summary
AI-generated overview
Exceptional investment opportunity: a 12,406 square foot Dollar General Plus/DG Market in Osage City, Kansas. This absolute NNN net lease property boasts a 7.50% cap rate and a strong corporate guarantee from Dollar General. The lease, commencing February 28, 2014, has a remaining term of approximately 4.3 years, with four, five-year renewal options including 10% rent increases. Built in 2014, this single-tenant property sits on a 1.31-acre lot at 108 N 9th St, Osage City, KS 66523, a prime location along Kansas Highway 31. The property's NOI is $118,697, with a price per square foot of $127.60 and an asking price of $1,583,000. The store, fully remodeled in 2021, is a relocation and expansion, demonstrating Dollar General's commitment to the community. This high-performing location ranks in the top 8% of all Dollar General sites in Kansas and the top 15% nationwide. The surrounding area has an average household income exceeding $63,000, and the trade area includes 13,731 residents. This is a rare opportunity to acquire a stable, high-performing retail asset with significant upside potential.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2013
Total area
12,361 SF
Lot
1.23 ac (53,579 SF)
APN
070-147-25-0-20-05-002.00-0
UPID
US33-0972498
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
-
DG Market Grocery & Convenience Store Food Market
-
FedEx OnSite Postal Service Courier Service
-
Western Union Bank Credit Union
-
Redbox Cinema (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.10M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.20M
Owner & transaction history
SWINGER , DOUGLAS C TR
SWINGER , DOUGLAS C TR
Zoning & alternative use
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 Osage City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Osage City 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%
$1,195,000
6.5%
$1,100,000
7%
$1,025,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,180,000
Current use
WAREHOUSE, STORAGE
$1,050,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$1.20M
Range $1.08M – $1.31M · ±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
$97 / 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
$34,067
Tax year 2019
Assessed value
$209,323
Assessed 2023
Previous assessed
$205,218
+2.0% YoY
Effective rate
16.27%
On assessed value
Assessed land
$2,980
Assessed improvement
$206,343
Land market value
$11,920
Improvement market value
$825,370
Total market value
$837,290
Applied tax rate
6.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Off-Market
Year built
2013
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Total area
12,361 SF
Lot
1.23 ac (53,579 SF)
APN
070-147-25-0-20-05-002.00-0
UPID
US33-0972498
Jurisdiction
OSAGE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.2M
WAREHOUSE, STORAGE
Est. value
$1.1M
RETAIL STORES Current
WAREHOUSE, STORAGE
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
2013
Heating
YES
Cooling
Yes
Stories
1
Lot
1.23 ac
Current owner
From public records · entity-resolved
SWINGER , DOUGLAS C TR
Individual
Free & Clear · 0 yrs held
Mailing address
PO BOX 308, MARSHALL, MO 65340-0308
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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