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Property profile & analytics
FOR SALE
Retail space
1931 Seward Ave Topeka, KS 66616
Individually Owned
1-yr Hold
Free & Clear
Property ID
US33-1038400
For Sale
1 / 9
$180,000
1931 Seward Ave, Topeka, KS 66616
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1960
Construction
CONCRETE BLOCKS
Total area
2,199 SF
Lot
0.26 ac (11,200 SF)
Zoning code
C2
APN
108-33-0-20-02-002.00
UPID
US33-1038400
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Francisco Tarelo · 1 yrs held
Francisco Tarelo
since 2024
1 recorded transaction
Zoning & alternative use
C2 · Topeka, KS
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
This district is established to provide for those commercial activities which serve a major segment of the total community population
Zone name
Commercial District
General category
COMMERCIAL
Zone area
240.41 ac
Source
Realmo
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 Topeka submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Topeka 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 2023Property tax & assessments
Tax year 2023
Tax billed
$1,627
Tax year 2023
Assessed value
$10,875
Assessed 2023
Previous assessed
$10,875
+0.0% YoY
Effective rate
14.96%
On assessed value
Total market value
$43,500
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
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Sale
Year built
1960
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Total area
2,199 SF
Lot
0.26 ac (11,200 SF)
Zoning code
C2
APN
108-33-0-20-02-002.00
UPID
US33-1038400
Jurisdiction
SHAWNEE
Zoning & alternative use
C2 · Topeka, KSZoning C2 · permitted uses
C2 · Topeka, KS
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
This district is established to provide for those commercial activities which serve a major segment of the total community population
Zone name
Commercial District
General category
COMMERCIAL
Zone area
240.41 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1960
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Lot
0.26 ac
Current owner
From public records · entity-resolved
Francisco Tarelo
Individual
Free & Clear · 1 yrs held
Mailing address
PO BOX 156, LAWRENCE, KS 66044-0156
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 20, 2024
—
Francisco Tarelo
Rodney C West
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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