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Property profile & analytics
OFF-MARKET
Estimated value
$505,000
Garden apartment buildings
1545 Brown Ave Osawatomie, KS 66064-1628
Entity Owned
~
Est. High Equity
Property ID
US33-1126014
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1991
Total area
3,626 SF
Lot
1.75 ac (76,230 SF)
APN
172-10-0-30-12-005.02-0
UPID
US33-1126014
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
-
Osawatomie Senior Apartments Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$355k
CAP Approach
CAP
$515k
Comparable Approach
Comparable
$495k
Blend (final)
Blend
$505k
Owner & transaction history
Wright Way Homes LLC
Wright Way Homes LLC
since 2025
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$510,000
+16.3%
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 Osawatomie submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Osawatomie 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
$355,000
CAP Approach
CAP Return
Estimation
6%
$560,000
6.5%
$515,000
7%
$480,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$440,000
Current use
OFFICE BUILDING
$510,000
Change: +16% · Conversion: Moderate
COMMERCIAL (GENERAL)
$390,000
Change: -11% · Conversion: Moderate
RETAIL STORES
$385,000
Change: -13% · Conversion: Difficult
AUTO REPAIR, GARAGE
$350,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$505k
Range $455k – $556k · ±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
$139 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$11,248
Tax year 2022
Assessed value
$49,706
Assessed 2023
Previous assessed
$49,706
+0.0% YoY
Effective rate
22.63%
On assessed value
Assessed land
$3,444
Assessed improvement
$46,262
Land market value
$29,950
Improvement market value
$402,280
Total market value
$432,230
Applied tax rate
4.0000
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
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
1991
Heating
YES
Cooling
AC.PACKAGE
Buildings
3
Stories
1
Units
4
Bathrooms
1
Total area
3,626 SF
Lot
1.75 ac (76,230 SF)
APN
172-10-0-30-12-005.02-0
UPID
US33-1126014
Jurisdiction
MIAMI
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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$440,000
OFFICE BUILDING
Est. value
$510,000
COMMERCIAL (GENERAL)
Est. value
$390,000
RETAIL STORES
Est. value
$385,000
AUTO REPAIR, GARAGE
Est. value
$350,000
APARTMENT HOUSE (5+ UNITS) Current
OFFICE BUILDING
COMMERCIAL (GENERAL)
RETAIL STORES
AUTO REPAIR, GARAGE
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
1991
Heating
YES
Cooling
Yes
Stories
1
Buildings
3
Units
4
Bathrooms
1
Lot
1.75 ac
Current owner
From public records · entity-resolved
Wright Way Homes LLC
Entity
Mailing address
1534 MAIN ST, OSAWATOMIE, KS 66064-1646
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
21 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 27, 2025
—
Wright Way Homes LLC
Daniel J Hermesmeyer
Warranty Deed
$80,000 · First Security Bank
Feb 27, 2025
—
Michelle Nicole Troth
Daniel J Hermesmeyer
Deed
—
Jun 12, 2024
—
Melissa A Meadows
Jerry S Meadows
Transfer On Death Deed
related
—
Jul 25, 2023
—
Steveen J Hennagir
Kyle Hurt
Warranty Deed
$207,070 · Fairway Independent Mtg Corp
Apr 10, 2023
—
Nicholas D Krivena
Midwest Renovations LLC
Warranty Deed
—
Sep 6, 2022
—
Coby R Brown
Virginia L Glaze
Warranty Deed
—
Jul 25, 2022
—
Catelyn M Amen
Cathryn Massing
Warranty Deed
—
Dec 16, 2021
—
Cathryn Massing
Hannah L Kaiser
Warranty Deed
—
Aug 20, 2021
—
Kyle Hurt
Michael E Gorman
Special Warranty Deed
$179,025 · Landmark National Bank
Jun 8, 2021
—
Rebecca J Mcclain
Maxine J Goodwin
Quit Claim Deed
related
—
Dec 5, 2019
—
Daniel J Hermesmeyer
F C Hermesmeyer
Intrafamily Transfer
related
—
Nov 4, 2019
—
Jerry S Meadows
Mhs LLC
Warranty Deed
—
Aug 12, 2019
—
Maxine J Goodwin
Nancy J Snyder
Warranty Deed
—
Apr 19, 2019
—
M H S LLC
Ruttan Property Management INC
Warranty Deed
—
Feb 23, 2012
—
Steven J Fuller
Jason Guilfoyle
Warranty Deed
—
Apr 26, 2011
—
Virginia L Glaze
Virginia L Glaze
Intrafamily Transfer
related
—
Apr 11, 2011
—
Virginia L Glaze
Deutsche Bank National Trust Compan
Special Warranty Deed
—
Jan 4, 2011
$77,916
Deutsche Bank National Trust Compan
Jason Guilfoyle
Sheriffs Deed
related
—
Oct 4, 2010
—
David R Smith
David R Smith
Intrafamily Transfer
related
—
Nov 2, 2005
—
Jason E Guilfoyle
Jason E Guilfoyle
Intrafamily Transfer
related
—
Feb 23, 2005
—
Emc Mortgage Corporation
Wells Fargo Bank NA
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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