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Property profile & analytics
OFF-MARKET
Estimated value
$1,075,000
Warehouses
31 100th St Leon, KS 67074-8224
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US33-0146156
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2006
Construction
STEEL FRAME
Total area
9,618 SF
Lot
4.7 ac (204,732 SF)
APN
008-287-25-0-00-00-002.02-0
UPID
US33-0146156
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
-
City Automotive Sales Inc Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.01M
Comparable Approach
Comparable
$1.15M
Blend (final)
Blend
$1.08M
Owner & transaction history
Armando Covarrubias · 4 yrs held
Armando Covarrubias
since 2021
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.3M
+66.9%
Commercial (general)
$1.1M
+40.2%
Office building
$970,000
+21.2%
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 Leon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Leon 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%
$1,085,000
6.5%
$1,005,000
7%
$930,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$800,000
Current use
RESTAURANT
$1,335,000
Change: +67% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,120,000
Change: +40% · Conversion: Difficult
OFFICE BUILDING
$970,000
Change: +21% · Conversion: Difficult
RETAIL STORES
$955,000
Change: +20% · Conversion: Moderate
MEDICAL BUILDING
$935,000
Change: +17% · Conversion: Difficult
AUTO REPAIR, GARAGE
$885,000
Change: +11% · Conversion: Easy
Blend value · Realmo final
$1.08M
Range $968k – $1.18M · ±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
$112 / 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 2019Property tax & assessments
Tax year 2019
Tax billed
$7,092
Tax year 2019
Assessed value
$163,008
Assessed 2023
Previous assessed
$163,008
+0.0% YoY
Effective rate
4.35%
On assessed value
Assessed land
$17,470
Assessed improvement
$145,538
Land market value
$69,880
Improvement market value
$582,150
Total market value
$652,030
Applied tax rate
156.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2006
Construction
STEEL FRAME
Heating
SPACE
Cooling
NONE
Buildings
3
Total area
9,618 SF
Lot
4.7 ac (204,732 SF)
APN
008-287-25-0-00-00-002.02-0
UPID
US33-0146156
Jurisdiction
BUTLER
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
WAREHOUSE, STORAGE Current
Est. value
$800,000
RESTAURANT
Est. value
$1.3M
COMMERCIAL (GENERAL)
Est. value
$1.1M
OFFICE BUILDING
Est. value
$970,000
RETAIL STORES
Est. value
$955,000
MEDICAL BUILDING
Est. value
$935,000
AUTO REPAIR, GARAGE
Est. value
$885,000
WAREHOUSE, STORAGE Current
RESTAURANT
COMMERCIAL (GENERAL)
OFFICE BUILDING
RETAIL STORES
MEDICAL BUILDING
AUTO REPAIR, GARAGE
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
2006
Construction
STEEL FRAME
Heating
SPACE
Cooling
Yes
Buildings
3
Lot
4.7 ac
Current owner
From public records · entity-resolved
Armando Covarrubias
Individual
Mailing address
1522 PASTURE LN, PERRIS, CA 92571-7362
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 9, 2021
—
Armando Covarrubias
Park Village Associates INC
Warranty Deed
$141,000 · Heartland Cu
Nov 26, 2019
—
Park Village Associates INC
—
Deed
related
$455,223 · Conway Bk
Sep 21, 2017
—
City Automotive INC
Wedel Prop & Management LLC
Warranty Deed
$95,000 · First Nat'l Bk In Fredonia
Sep 15, 2004
—
Dannie L Wedel
—
Trustees Deed
related
$90,800 · Rose Hill Bank
—
—
Park Village Associates INC
—
Deed Of Trust
related
$455,223 · Conway Bk
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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