Property profile

129 Lincoln Ave Lincoln, KS 67455

OFF-MARKET
Retail space
Property ID
US33-1360035
1,704 SF 0.07 ac lot Built 1900
Individually Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

The property is a Main Street commercial building configured for an on-site coin-operated laundromat with an attached office suite, totaling 1,704 square feet on a 0.07-acre lot. The laundromat is equipped with eight washing machines and eight dryers and includes a half bath, a broom closet, and a utility room that provides access to the basement area, tankless water heaters, and the rear of the dryers; an on-site vending machine is also present for additional income generation. The building has a new HVAC system and updated plumbing, and it features tankless water heaters; most of the laundry equipment is under one year old. The attached office suite contains two private offices, a conference room, and two half baths, supporting use for business operations and/or rental office space.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1900
Total area 1,704 SF
Lot 0.07 ac (2,880 SF)
APN 123-06-0-20-26-008.00-0
UPID US33-1360035

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

129 Lincoln Ave Lincoln, KS 67455-2050
Lincoln metro Census 86100
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$275k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$210k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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