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Property profile & analytics
OFF-MARKET
Estimated value
$425,000
Retail space
2501 California Ave Topeka, KS 66605-1706
Entity Owned
16-yr Hold
~
Est. High Equity
Property ID
US33-0921063
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1968
Construction
CONCRETE BLOCKS
Total area
2,400 SF
Lot
0.37 ac (16,200 SF)
Zoning code
C2
APN
133-08-0-40-01-001.00
UPID
US33-0921063
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
-
California Kids child care Daycare Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$425k
Owner & transaction history
Lindys INC · 16 yrs held
Lindys INC
since 2010
2 recorded transactions
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
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
Blend value · Realmo final
$425k
Range $383k – $468k · ±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
$177 / 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
$3,902
Tax year 2023
Assessed value
$26,075
Assessed 2023
Previous assessed
$26,075
+0.0% YoY
Effective rate
14.96%
On assessed value
Total market value
$104,300
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
Off-Market
Year built
1968
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
YES
Total area
2,400 SF
Lot
0.37 ac (16,200 SF)
Zoning code
C2
APN
133-08-0-40-01-001.00
UPID
US33-0921063
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
1968
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
Yes
Lot
0.37 ac
Current owner
From public records · entity-resolved
Lindys INC
Entity
Mailing address
2501 SE CALIFORNIA AVE, TOPEKA, KS 66605-1706
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2010
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
Jun 15, 2010
—
Lindys INC
Steven M Harwood
Warranty Deed
$60,000 · Kaw Valley Bank
May 23, 2008
—
Steven M Harwood
Kansas Nutrition Stores INC
Corporation Deed
$60,000 · Bank Of America NA
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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