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Property profile & analytics
OFF-MARKET
Estimated value
$2,550,000
Motels
200 Sycamore St Wichita, KS 67203-6120
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US33-1649850
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
2020
Total area
57,817 SF
Lot
1.55 ac (67,518 SF)
APN
087-124-20-0-31-01-015.00
UPID
US33-1649850
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
-
Home2 Suites by Hilton Wichita Downtown Delano Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.65M
Blend (final)
Blend
$2.55M
Owner & transaction history
Wichita Sycamore Coffee Real Estate · 5 yrs held
Wichita Sycamore Coffee Real Estate
since 2021
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$4.1M
+127.7%
Medical building
$4.0M
+121.1%
Neighborhood: shopping center
$3.5M
+94.7%
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 Wichita submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wichita 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$1,810,000
Current use
RETAIL STORES
$4,125,000
Change: +128% · Conversion: Difficult
MEDICAL BUILDING
$4,005,000
Change: +121% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$3,525,000
Change: +95% · Conversion: Difficult
Blend value · Realmo final
$2.55M
Range $2.30M – $2.81M · ±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
$44 / 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
$213,616
Tax year 2023
Assessed value
$1,345,238
Assessed 2024
Previous assessed
$1,854,550
-27.5% YoY
Effective rate
15.88%
On assessed value
Assessed land
$109,600
Assessed improvement
$1,235,638
Land market value
$438,400
Improvement market value
$7,458,500
Total market value
$7,896,900
Applied tax rate
6,771.0000
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
2020
Heating
HEAT PUMP
Cooling
AC.PACKAGE
Stories
4
Units
95
Total area
57,817 SF
Lot
1.55 ac (67,518 SF)
APN
087-124-20-0-31-01-015.00
UPID
US33-1649850
Jurisdiction
SEDGWICK
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
HOTEL/MOTEL Current
Est. value
$1.8M
RETAIL STORES
Est. value
$4.1M
MEDICAL BUILDING
Est. value
$4.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.5M
HOTEL/MOTEL Current
RETAIL STORES
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
2020
Heating
HEAT PUMP
Cooling
Yes
Stories
4
Units
95
Lot
1.55 ac
Current owner
From public records · entity-resolved
Wichita Sycamore Coffee Real Estate
Individual
Mailing address
322 S MOSLEY ST, WICHITA, KS 67202-4702
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 21, 2021
—
Wichita Sycamore Coffee Real Estate
Epc Real Estate Group LLC
Special Warranty Deed
$1,996,000 · The Bennington State Bank
Mar 1, 2021
—
Delano Hotel Qozb LLC
—
Deed
related
$300,000 · Andover State Bank
Nov 12, 2019
—
Delano Hotel Qozb LLC
—
Deed
related
$7,900,000 · Andover State Bank
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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