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Property profile & analytics
OFF-MARKET
Estimated value
$630,000
Specialty properties
1607 Central Ave Andover, KS 67002-9099
Entity Owned
4-yr Hold
Free & Clear
Property ID
US33-0119890
Property profile
Verified
Property type
Specialty properties
Use group
VETERINARY, ANIMAL HOSPITAL
Year built
2002
Total area
9,447 SF
Lot
2.2 ac (95,832 SF)
APN
008-304-19-0-20-03-003.00-0
UPID
US33-0119890
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
-
Kutter Pet Care Center Veterinary Clinic
-
Capitol Federal Amphitheater® Theater & Performing Art Venue Music Venue
-
1991 Andover Tornado Wreckage Tour Operator
-
Andover Central Park Park Tourist Attraction
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$630k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$630k
Owner & transaction history
Shore Capital Real Partners Holdco · 4 yrs held
Shore Capital Real Partners Holdco
since 2022
5 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 Andover submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Andover 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
OFFICE BUILDING
$950,000
Change: 0% · Conversion: Difficult
MEDICAL BUILDING
$920,000
Change: 0% · Conversion: Difficult
AUTO REPAIR, GARAGE
$870,000
Change: 0% · Conversion: Difficult
RETAIL STORES
$620,000
Change: 0% · Conversion: Difficult
WAREHOUSE, STORAGE
$610,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$630k
Range $567k – $693k · ±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
$67 / 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 2019Property tax & assessments
Tax year 2019
Tax billed
$42,101
Tax year 2019
Assessed value
$423,910
Assessed 2023
Previous assessed
$423,910
+0.0% YoY
Effective rate
9.93%
On assessed value
Assessed land
$56,500
Assessed improvement
$367,410
Land market value
$226,000
Improvement market value
$1,469,640
Total market value
$1,695,640
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
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
Specialty properties
Use group
VETERINARY, ANIMAL HOSPITAL
Status
Off-Market
Year built
2002
Heating
YES
Cooling
YES
Total area
9,447 SF
Lot
2.2 ac (95,832 SF)
APN
008-304-19-0-20-03-003.00-0
UPID
US33-0119890
Jurisdiction
BUTLER
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
OFFICE BUILDING
Est. value
$950,000
MEDICAL BUILDING
Est. value
$920,000
AUTO REPAIR, GARAGE
Est. value
$870,000
RETAIL STORES
Est. value
$620,000
WAREHOUSE, STORAGE
Est. value
$610,000
OFFICE BUILDING
MEDICAL BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
WAREHOUSE, STORAGE
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
2002
Heating
YES
Cooling
Yes
Lot
2.2 ac
Current owner
From public records · entity-resolved
Shore Capital Real Partners Holdco
Entity
Free & Clear · 4 yrs held
Mailing address
1 E WACKER DRFL29, CHICAGO, IL 60601-1474
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 22, 2022
—
Shore Capital Real Partners Holdco
Shore Capital Re Partners Fund I LP
Intrafamily Transfer
related
—
Nov 23, 2021
—
Shore Capital Re Partners Fund I LP
Kutter LLC
Special Warranty Deed
—
Oct 28, 2020
—
Kutter LLC
Ronald L Kutter
Quit Claim Deed
related
—
Apr 11, 2016
—
Ronald L Kutter
Kutter,ronald L & Lori R
Quit Claim Deed
related
—
Apr 13, 2015
—
Ronald L Kutter
Kutter Ronald L & Lori R
Quit Claim Deed
related
—
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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