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Property profile & analytics
OFF-MARKET Estimated value $6,890,000
Grocery and convenience stores

1216 Main St Newton, KS 67114-1840

59,032 SF 5.4 ac lot Built 2006
Entity Owned Absentee Owner Free & Clear
Property ID
US33-0140048
Property profile
Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 2006
Total area 59,032 SF
Lot 5.4 ac (235,224 SF)
Zoning code C-1
APN 094-17-0-10-04-001.01-0
UPID US33-0140048
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
  • Dillons Money Services Check Cashing
  • higi Physician
  • Primo Water Refill Big Box & Wholesale Store
  • Dillons Pharmacy Pharmacy
  • Coinstar Kiosk | Bitcoin ATM Atm Currency Exchange Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$7.85M
Comparable Approach Comparable
$5.94M
Blend (final) Blend
$6.89M
Owner & transaction history
DILLON COMPANIES INC
DILLON COMPANIES INC
Zoning & alternative use
C-1 · Newton, KS
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

C-1 Neighborhood Business District C-2 General Business District C-3 Central Business District I-1 Light Industrial District I-2 General Industrial District I-3 Heavy Industrial District F-P Flood Plain Overlay District H-D Historic and Cultural Overlay District AIR-1 Airport Zoning District Apply for a Permit Apply for a Building, Electrical, Mechanical, or…

Zone name Neighborhood Business District
General category COMMERCIAL
Zone area 27.13 ac
Top alternative use upside
Restaurant $7.7M +96.6%
Auto repair, garage $6.5M +65.5%
Office building $6.3M +59.6%
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