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Property profile & analytics
OFF-MARKET
Estimated value
$585,000
Warehouses
1729 Bullene Ave Lawrence, KS 66044-4322
Entity Owned
14-yr Hold
~
Est. High Equity
Property ID
US33-0232201
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1987
Total area
6,000 SF
Lot
0.97 ac (42,253 SF)
APN
103-06-0-10-16-006.00-0
UPID
US33-0232201
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
$400k
CAP Approach
CAP
$750k
Comparable Approach
Comparable
$600k
Blend (final)
Blend
$585k
Owner & transaction history
Tdun Investments LLC · 14 yrs held
Tdun Investments LLC
since 2012
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$895,000
+106.8%
Auto repair, garage
$800,000
+85.8%
Medical building
$635,000
+47.4%
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 Lawrence submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lawrence 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
$400,000
CAP Approach
CAP Return
Estimation
6%
$815,000
6.5%
$750,000
7%
$700,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$430,000
Current use
RESTAURANT
$895,000
Change: +107% · Conversion: Difficult
AUTO REPAIR, GARAGE
$800,000
Change: +86% · Conversion: Easy
MEDICAL BUILDING
$635,000
Change: +47% · Conversion: Difficult
OFFICE BUILDING
$615,000
Change: +42% · Conversion: Difficult
RETAIL STORES
$560,000
Change: +29% · Conversion: Moderate
COMMERCIAL (GENERAL)
$445,000
Change: +3% · Conversion: Difficult
Blend value · Realmo final
$585k
Range $527k – $644k · ±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
$98 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$17,158
Tax year 2023
Assessed value
$130,851
Assessed 2023
Previous assessed
$130,851
+0.0% YoY
Effective rate
13.11%
On assessed value
Assessed land
$25,403
Assessed improvement
$105,448
Land market value
$101,610
Improvement market value
$421,790
Total market value
$523,400
Applied tax rate
41.0000
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
1987
Heating
YES
Cooling
AC.PACKAGE
Buildings
2
Stories
1
Units
6
Total area
6,000 SF
Lot
0.97 ac (42,253 SF)
APN
103-06-0-10-16-006.00-0
UPID
US33-0232201
Jurisdiction
DOUGLAS
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
WAREHOUSE, STORAGE Current
Est. value
$430,000
RESTAURANT
Est. value
$895,000
AUTO REPAIR, GARAGE
Est. value
$800,000
MEDICAL BUILDING
Est. value
$635,000
OFFICE BUILDING
Est. value
$615,000
RETAIL STORES
Est. value
$560,000
COMMERCIAL (GENERAL)
Est. value
$445,000
WAREHOUSE, STORAGE Current
RESTAURANT
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
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
1987
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Units
6
Lot
0.97 ac
Current owner
From public records · entity-resolved
Tdun Investments LLC
Entity
Mailing address
1729 N BULLENE AVE, LAWRENCE, KS 66044-4322
Ownership since
2012
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 4, 2012
—
Tdun Investments LLC
Haskell Square Investors L L C
Warranty Deed
$277,760 · Haskell Square Inn LLC
Jan 22, 2009
—
Jon Lander
Tenants To Homeowners INC
Corporation Deed
—
Mar 29, 2005
—
Haskell Square Investors LLC
Thomas R Boyd
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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