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Property profile & analytics
OFF-MARKET
Auto shops
1426 Smt St Arkansas City, KS 67005-1502
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US33-0645181
Property summary
AI-generated overview
This well-established, full-service auto repair and tire shop in Arkansas City, Kansas is a turnkey operation ready for a new owner. Located at 1426 N Summit St, 67005, this single-story facility boasts a prime, high-traffic location with excellent curb appeal and ample customer parking. The business enjoys a strong reputation and loyal customer base, built on providing excellent service and full-service capabilities, from tire sales to comprehensive auto repairs. The shop is fully equipped with modern, state-of-the-art tools and machinery, allowing for immediate operation. This represents a profitable investment opportunity in a growing community, offering high visibility and a steady stream of returning and new customers. The asking price for this thriving business and building is $265,000. Don't miss this chance to acquire a successful, established enterprise.
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1989
Total area
2,940 SF
Lot
0.34 ac (14,810 SF)
APN
294-19-0-20-22-006.01-0
UPID
US33-0645181
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Vgre LLC · 1 yrs held
Vgre LLC
since 2025
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Arkansas City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Arkansas City 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$6,723
Tax year 2021
Assessed value
$34,288
Assessed 2023
Previous assessed
$34,288
+0.0% YoY
Effective rate
19.61%
On assessed value
Assessed land
$6,113
Assessed improvement
$28,175
Land market value
$24,450
Improvement market value
$112,700
Total market value
$137,150
Applied tax rate
1.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1989
Heating
SPACE
Cooling
YES
Stories
2
Total area
2,940 SF
Lot
0.34 ac (14,810 SF)
APN
294-19-0-20-22-006.01-0
UPID
US33-0645181
Jurisdiction
COWLEY
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1989
Heating
SPACE
Cooling
Yes
Stories
2
Lot
0.34 ac
Current owner
From public records · entity-resolved
Vgre LLC
Entity
Mailing address
1315 N C ST, ARKANSAS CITY, KS 67005-1319
Ownership since
2025
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
Jan 27, 2025
—
Vgre LLC
Christine Tanner
Warranty Deed
$215,200 · Emprise Bank
Oct 11, 2018
—
Michael Tanner
Floyd Hall
Warranty Deed
$109,000 · Union State Bank
Apr 5, 2007
—
Bell Management & Development LLC
B Corporation
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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