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Property profile & analytics
OFF-MARKET
Estimated value
$650,000
Retail space
114 8th Ave Winfield, KS 67156-2850
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US33-0431891
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1978
Total area
11,640 SF
Lot
0.45 ac (19,602 SF)
Zoning code
C3
APN
178-28-0-20-13-003.00-0
UPID
US33-0431891
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
-
NAPA Auto Parts - D & S Auto Supply Inc Auto Parts Store
-
Persona Salon & Boutique Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$440k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$865k
Blend (final)
Blend
$650k
Owner & transaction history
Mcever Rentals LLC · 2 yrs held
Mcever Rentals LLC
since 2023
3 recorded transactions
Zoning & alternative use
C3 · Winfield, KS
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Layer: Zoning Code (ID: 0)
Top alternative use upside
Commercial (general)
$920,000
+8.4%
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 Winfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Winfield 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
$440,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$850,000
Current use
COMMERCIAL (GENERAL)
$920,000
Change: +8% · Conversion: Easy
WAREHOUSE, STORAGE
$785,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$650k
Range $585k – $715k · ±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
$56 / 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 2021Property tax & assessments
Tax year 2021
Tax billed
$12,061
Tax year 2021
Assessed value
$69,393
Assessed 2023
Previous assessed
$69,393
+0.0% YoY
Effective rate
17.38%
On assessed value
Assessed land
$5,338
Assessed improvement
$64,055
Land market value
$21,350
Improvement market value
$256,220
Total market value
$277,570
Applied tax rate
10.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1978
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Total area
11,640 SF
Lot
0.45 ac (19,602 SF)
Zoning code
C3
APN
178-28-0-20-13-003.00-0
UPID
US33-0431891
Jurisdiction
COWLEY
Zoning & alternative use
C3 · Winfield, KSZoning C3 · permitted uses
C3 · Winfield, KS
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Layer: Zoning Code (ID: 0)
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$850,000
COMMERCIAL (GENERAL)
Est. value
$920,000
WAREHOUSE, STORAGE
Est. value
$785,000
RETAIL STORES Current
COMMERCIAL (GENERAL)
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
1978
Heating
YES
Cooling
Yes
Stories
1
Lot
0.45 ac
Current owner
From public records · entity-resolved
Mcever Rentals LLC
Entity
Mailing address
PO BOX 220, BENTON, KS 67017-0220
Ownership since
2023
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
Apr 10, 2024
—
Mcever Rentals LLC
—
Deed
related
$100,000 · Community National Bank & Trust
Sep 1, 2023
—
Mcever Rentals LLC
Virginia M Jarvis Marital Trust
Deed
$228,000 · Community National Bank & Trust
Dec 19, 2007
—
Virginia M Jarvis (marital Trust
Christopher L Jarvis
Trustees 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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