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Property profile & analytics
OFF-MARKET
Estimated value
$635,000
Warehouses
1423 900th Rd Lawrence, KS 66049-9142
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US33-0845390
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1980
Total area
5,000 SF
Lot
18.75 ac (816,750 SF)
APN
113-06-0-00-00-030.00-0
UPID
US33-0845390
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
-
Clinton Storage Storage Facility
-
Garrett's Fireworks Discount Store Party Supply Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$645k
CAP Approach
CAP
$625k
Comparable Approach
Comparable
$455k
Blend (final)
Blend
$635k
Owner & transaction history
Clinton Self Storage LLC · 12 yrs held
Clinton Self Storage LLC
since 2013
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$785,000
+141.4%
Commercial (general)
$550,000
+68.7%
Medical building
$530,000
+62.7%
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 Lawrence submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lawrence 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
$645,000
CAP Approach
CAP Return
Estimation
6%
$680,000
6.5%
$625,000
7%
$580,000
Alternative Use
Use
Estimation
RESTAURANT
$785,000
Change: +141% · Conversion: Difficult
COMMERCIAL (GENERAL)
$550,000
Change: +69% · Conversion: Difficult
MEDICAL BUILDING
$530,000
Change: +63% · Conversion: Difficult
AUTO REPAIR, GARAGE
$505,000
Change: +55% · Conversion: Easy
OFFICE BUILDING
$460,000
Change: +41% · Conversion: Difficult
RETAIL STORES
$450,000
Change: +38% · Conversion: Moderate
Blend value · Realmo final
$635k
Range $572k – $699k · ±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
$127 / 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
$87,186
Tax year 2023
Assessed value
$728,100
Assessed 2023
Previous assessed
$728,100
+0.0% YoY
Effective rate
11.97%
On assessed value
Assessed land
$228,980
Assessed improvement
$499,120
Land market value
$915,920
Improvement market value
$1,996,480
Total market value
$2,912,400
Applied tax rate
301.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1980
Heating
NONE
Cooling
NONE
Buildings
12
Stories
1
Units
15
Bathrooms
2
Total area
5,000 SF
Lot
18.75 ac (816,750 SF)
APN
113-06-0-00-00-030.00-0
UPID
US33-0845390
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
RESTAURANT
Est. value
$785,000
COMMERCIAL (GENERAL)
Est. value
$550,000
MEDICAL BUILDING
Est. value
$530,000
AUTO REPAIR, GARAGE
Est. value
$505,000
OFFICE BUILDING
Est. value
$460,000
RETAIL STORES
Est. value
$450,000
RESTAURANT
COMMERCIAL (GENERAL)
MEDICAL BUILDING
AUTO REPAIR, GARAGE
OFFICE BUILDING
RETAIL STORES
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
1980
Heating
NONE
Cooling
Yes
Stories
1
Buildings
12
Units
15
Bathrooms
2
Lot
18.75 ac
Current owner
From public records · entity-resolved
Clinton Self Storage LLC
Entity
Mailing address
1000 SE QUINCY ST, TOPEKA, KS 66612-1188
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 4, 2013
—
Clinton Self Storage LLC
Clinton Storage LLC
Warranty Deed
$2,000,000 · Corefirst Bank & Trust
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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