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Property profile & analytics
OFF-MARKET
Estimated value
$700,000
Grocery and convenience stores
1401 Church St Eudora, KS 66025-9489
Entity Owned
3-yr Hold
Free & Clear
Property ID
US33-0835296
Property summary
AI-generated overview
This exceptional redevelopment opportunity presents multiple vacant retail lots within the thriving Nottingham Center, located at the highly visible intersection of K-10 Highway and Church Street in Eudora, Kansas (zip code 66025). The property offers a range of lot sizes, from 23,512 square feet to 135,225 square feet, and acreage ranging from 0.54 to 3.1 acres. The asking price for one lot is $352,680, with other lots available at varying prices per square foot, ranging from $5.50 to $20.00. This prime location boasts existing tenants including Wendy's, Scooter's Coffee, Casey's, and Mid America Bank, ensuring high visibility and established customer traffic. The property is designated for retail development and presents a unique chance to capitalize on the growing Eudora market. The land value is priced at $15 per square foot for several lots, while others have different pricing structures. The total number of units available for development is six. This is a for-sale-by-owner opportunity, ideal for investors seeking a high-impact retail development project in a dynamic Kansas community. The property's address is 1401 Church St, Eudora, KS. Douglas County is the location of this retail center.
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
2021
Total area
4,600 SF
Lot
1.52 ac (66,211 SF)
APN
093-08-0-40-02-001.01-0
UPID
US33-0835296
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
-
Casey's Take-out & Catering
-
CDReload - Online Bitcoin ATM Crypto Atm Atm
-
Nottingham Center Shopping Center & Mall
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$630k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$766k
Blend (final)
Blend
$700k
Owner & transaction history
Mid America Bank · 3 yrs held
Mid America Bank
since 2023
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$670,000
+273.1%
Auto repair, garage
$530,000
+194.7%
Commercial (general)
$515,000
+186.0%
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 Eudora submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Eudora 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
$630,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$670,000
Change: +273% · Conversion: Easy
AUTO REPAIR, GARAGE
$530,000
Change: +195% · Conversion: Difficult
COMMERCIAL (GENERAL)
$515,000
Change: +186% · Conversion: Easy
MEDICAL BUILDING
$500,000
Change: +179% · Conversion: Difficult
OFFICE BUILDING
$490,000
Change: +173% · Conversion: Moderate
Blend value · Realmo final
$700k
Range $630k – $770k · ±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
$152 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$68,776
Tax year 2023
Assessed value
$437,150
Assessed 2023
Previous assessed
$437,150
+0.0% YoY
Effective rate
15.73%
On assessed value
Assessed land
$86,915
Assessed improvement
$350,235
Land market value
$347,660
Improvement market value
$1,400,940
Total market value
$1,748,600
Applied tax rate
953.0000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
2021
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Total area
4,600 SF
Lot
1.52 ac (66,211 SF)
APN
093-08-0-40-02-001.01-0
UPID
US33-0835296
Jurisdiction
DOUGLAS
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
Est. value
$670,000
AUTO REPAIR, GARAGE
Est. value
$530,000
COMMERCIAL (GENERAL)
Est. value
$515,000
MEDICAL BUILDING
Est. value
$500,000
OFFICE BUILDING
Est. value
$490,000
RETAIL STORES
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
MEDICAL BUILDING
OFFICE BUILDING
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
2021
Heating
YES
Cooling
Yes
Stories
1
Lot
1.52 ac
Current owner
From public records · entity-resolved
Mid America Bank
Entity
Free & Clear · 3 yrs held
Mailing address
PO BOX 54288TH LEXINGTON
Mailing matches property
Yes
Owner-occupied
Yes
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 15, 2023
—
Mid America Bank
City Of Eudora Kansas
Warranty Deed
—
Jun 30, 2022
—
R Legacy LLC
Legacy Restarurant Group LLC
Special Warranty Deed
$1,610,000 · First Internet Bank Of Indiana
Jun 23, 2021
—
Caseys Retail Company
City Of Eudora
Special Warranty Deed
—
May 28, 2021
—
Legacy Restaurant Grout LLC
City Of Eudora
Special Warranty Deed
—
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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