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Property profile & analytics
OFF-MARKET
Estimated value
$685,000
Garden apartment buildings
304 8th St Ogden, KS 66517-4067
Entity Owned
Absentee Owner
Free & Clear
Property ID
US33-0780617
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1941
Total area
4,860 SF
Lot
0.58 ac (25,265 SF)
Zoning code
R-3
APN
263-07-0-20-14-001.00-0
UPID
US33-0780617
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
$715k
Comparable Approach
Comparable
$657k
Blend (final)
Blend
$685k
Owner & transaction history
WASIONE LLC
WASIONE LLC
Zoning & alternative use
R-3 · Ogden, KS
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Microsoft Word - Chapter 16
Top alternative use upside
Office building
$765,000
+11.5%
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 Ogden submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ogden 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%
$775,000
6.5%
$715,000
7%
$665,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$685,000
Current use
OFFICE BUILDING
$765,000
Change: +11% · Conversion: Moderate
MEDICAL BUILDING
$625,000
Change: -9% · Conversion: Moderate
AUTO REPAIR, GARAGE
$570,000
Change: -17% · Conversion: Difficult
COMMERCIAL (GENERAL)
$555,000
Change: -20% · Conversion: Moderate
Blend value · Realmo final
$685k
Range $617k – $754k · ±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
$141 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$10,382
Tax year 2022
Assessed value
$70,897
Assessed 2023
Previous assessed
$66,033
+7.4% YoY
Effective rate
14.64%
On assessed value
Assessed land
$2,893
Assessed improvement
$68,004
Land market value
$25,160
Improvement market value
$591,340
Total market value
$616,500
Applied tax rate
5.0000
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
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
1941
Heating
YES
Cooling
AC.PACKAGE
Buildings
3
Stories
2
Units
6
Bathrooms
6
Total area
4,860 SF
Lot
0.58 ac (25,265 SF)
Zoning code
R-3
APN
263-07-0-20-14-001.00-0
UPID
US33-0780617
Jurisdiction
RILEY
Zoning & alternative use
R-3 · Ogden, KSZoning R-3 · permitted uses
R-3 · Ogden, KS
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Microsoft Word - Chapter 16
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$685,000
OFFICE BUILDING
Est. value
$765,000
MEDICAL BUILDING
Est. value
$625,000
AUTO REPAIR, GARAGE
Est. value
$570,000
COMMERCIAL (GENERAL)
Est. value
$555,000
APARTMENT HOUSE (5+ UNITS) Current
OFFICE BUILDING
MEDICAL BUILDING
AUTO REPAIR, GARAGE
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
1941
Heating
YES
Cooling
Yes
Stories
2
Buildings
3
Units
6
Bathrooms
6
Lot
0.58 ac
Current owner
From public records · entity-resolved
WASIONE LLC
Entity
Free & Clear · 0 yrs held
Mailing address
996 E 1400TH RD, LAWRENCE, KS 66046-9632
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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