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Property profile & analytics
OFF-MARKET
Estimated value
$715,000
Car washes
1720 Old Hwy 40 Junction City, KS 66441-7542
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US33-0707901
Property profile
Verified
Property type
Car washes
Use group
CAR WASH
Year built
2005
Total area
6,150 SF
Lot
1.6 ac (69,696 SF)
APN
115-22-0-10-04-003.00-0
UPID
US33-0707901
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
$510k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$919k
Blend (final)
Blend
$715k
Owner & transaction history
Kmc Holdings LLC · 5 yrs held
Kmc Holdings LLC
since 2021
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$940,000
+40.7%
Restaurant
$775,000
+15.6%
Retail stores
$695,000
+3.9%
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 Junction City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Junction 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
Method
Estimation
Statistic approach
by Request
ML approach
$510,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$670,000
Current use
OFFICE BUILDING
$940,000
Change: +41% · Conversion: Difficult
RESTAURANT
$775,000
Change: +16% · Conversion: Difficult
RETAIL STORES
$695,000
Change: +4% · Conversion: Difficult
COMMERCIAL (GENERAL)
$665,000
Change: -1% · Conversion: Moderate
Blend value · Realmo final
$715k
Range $644k – $787k · ±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
$116 / 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
$19,102
Tax year 2022
Assessed value
$126,328
Assessed 2023
Previous assessed
$122,150
+3.4% YoY
Effective rate
15.12%
On assessed value
Assessed land
$7,150
Assessed improvement
$119,178
Land market value
$28,600
Improvement market value
$476,710
Total market value
$505,310
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
Car washes
Use group
CAR WASH
Status
Off-Market
Year built
2005
Heating
RADIANT
Buildings
2
Stories
1
Units
1
Total area
6,150 SF
Lot
1.6 ac (69,696 SF)
APN
115-22-0-10-04-003.00-0
UPID
US33-0707901
Jurisdiction
GEARY
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
AUTO REPAIR, GARAGE Current
Est. value
$670,000
OFFICE BUILDING
Est. value
$940,000
RESTAURANT
Est. value
$775,000
RETAIL STORES
Est. value
$695,000
COMMERCIAL (GENERAL)
Est. value
$665,000
AUTO REPAIR, GARAGE Current
OFFICE BUILDING
RESTAURANT
RETAIL STORES
COMMERCIAL (GENERAL)
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
2005
Heating
RADIANT
Stories
1
Buildings
2
Units
1
Lot
1.6 ac
Current owner
From public records · entity-resolved
Kmc Holdings LLC
Entity
Mailing address
2724 S MILFORD LK RD, JUNCTION CITY, KS 66441-8446
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 5, 2025
—
Kmc Holdings LLC
—
Deed
related
$1,242,228 · Central National Bank
Jun 18, 2021
—
Kmc Holdings LLC
Champions Car Wash LLC
Warranty Deed
$1,165,000 · Ready Capital Corp
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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