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Property profile & analytics
OFF-MARKET
Warehouses
1635 Andover Rd Andover, KS 67002-9486
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US33-0118665
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1995
Construction
WOOD
Total area
5,820 SF
Lot
0.42 ac (18,295 SF)
Zoning code
C-1
APN
008-303-07-0-40-01-001.00-0
UPID
US33-0118665
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
-
Maximum Outdoor Equipment & Service Andover (Bike/Boat/Book/etc) Store Garden Center
-
Walker Mowers (Bike/Boat/Book/etc) Store Garden Center
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
4e Enterprise INC · 3 yrs held
4e Enterprise INC
since 2023
5 recorded transactions
Zoning & alternative use
C-1 · Andover, KS
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
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 2019Property tax & assessments
Tax year 2019
Tax billed
$7,484
Tax year 2019
Assessed value
$50,598
Assessed 2023
Previous assessed
$50,598
+0.0% YoY
Effective rate
14.79%
On assessed value
Assessed land
$21,483
Assessed improvement
$29,115
Land market value
$85,930
Improvement market value
$116,460
Total market value
$202,390
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1995
Construction
WOOD
Heating
YES
Cooling
YES
Total area
5,820 SF
Lot
0.42 ac (18,295 SF)
Zoning code
C-1
APN
008-303-07-0-40-01-001.00-0
UPID
US33-0118665
Jurisdiction
BUTLER
Zoning & alternative use
C-1 · Andover, KSZoning C-1 · permitted uses
C-1 · Andover, KS
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
1995
Construction
WOOD
Heating
YES
Cooling
Yes
Lot
0.42 ac
Current owner
From public records · entity-resolved
4e Enterprise INC
Entity
Mailing address
16271 SW 149TH ST, ROSE HILL, KS 67133-8391
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 10, 2025
—
4e Enterprise INC
—
Deed
related
$475,000 · The First National Bank Of Hutchinson
Aug 1, 2023
—
4e Enterprises INC
—
Deed
related
$60,000 · Franklin M Miller JR And Nancy E Miller
Jul 3, 2023
—
4e Enterprise INC
Andover Lawn Equipment INC
Warranty Deed
$352,000 · Community National Bank & Trust
Jan 3, 2017
—
Andover Lawn Equipment INC
Andover Auto Parts INC
Warranty Deed
$373,000 · Community Bank Of Wichita
—
—
Andover Auto Parts INC
—
Deed Of Trust
related
$75,000 · Community Bank NA
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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