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Property profile & analytics
OFF-MARKET
Estimated value
$555,000
Retail space
226 Main St Valley Center, KS 67147-2245
Entity Owned
Absentee Owner
Free & Clear
Property ID
US33-0971706
Property summary
AI-generated overview
This newly remodeled 276 sq ft office space in downtown Valley Center, Kansas, is perfect for entrepreneurs or small businesses. Located at 226 W Main St, Valley Center, KS 67147, this single-tenant space is part of a larger 3,000 sq ft building constructed in 1925 and renovated in 1994. The unit features fresh paint, new carpeting, and ample room for two desks. Shared common areas include hallways and restrooms. The monthly rent is $425, plus approximately $125 for pro rata shared operating costs (7% of pro rata shared monthly operating costs), which includes a dedicated VLAN internet connection and all utilities. This all-inclusive price makes it an exceptional value in the Valley Center/Park City submarket of North Wichita, Sedgwick County. The space offers a prime location in the heart of downtown Valley Center, surrounded by local amenities. This is an ideal opportunity to establish a professional presence in a thriving community.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1925
Construction
FRAME
Total area
12,000 SF
Lot
0.16 ac (6,970 SF)
APN
087-037-36-0-14-09-004.00
UPID
US33-0971706
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
$370k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$737k
Blend (final)
Blend
$555k
Owner & transaction history
ZBIZ PROPERTIES 226 LLC
ZBIZ PROPERTIES 226 LLC
Zoning & alternative use
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 Valley Center submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Valley Center 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
$370,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$555k
Range $500k – $611k · ±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
$46 / 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
$9,606
Tax year 2023
Assessed value
$63,653
Assessed 2024
Previous assessed
$63,600
+0.1% YoY
Effective rate
15.09%
On assessed value
Assessed land
$6,625
Assessed improvement
$57,028
Land market value
$26,500
Improvement market value
$228,110
Total market value
$254,610
Applied tax rate
6,501.0000
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
Off-Market
Year built
1925
Construction
FRAME
Heating
YES
Cooling
AC.PACKAGE
Stories
2
Bathrooms
2
Total area
12,000 SF
Lot
0.16 ac (6,970 SF)
APN
087-037-36-0-14-09-004.00
UPID
US33-0971706
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
Building & site characteristics
From public records
Year built
1925
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
2
Bathrooms
2
Lot
0.16 ac
Current owner
From public records · entity-resolved
ZBIZ PROPERTIES 226 LLC
Entity
Free & Clear · 0 yrs held
Mailing address
1802 N BURNING TREE CIR, WICHITA, KS 67230-1406
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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