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Property profile & analytics
OFF-MARKET
Estimated value
$615,000
Automotive properties
3100 Anderson Ave Manhattan, KS 66503-2810
Individually Owned
Free & Clear
Property ID
US33-1039983
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Construction
CONCRETE BLOCKS
Total area
5,850 SF
Lot
2 ac (87,120 SF)
Zoning code
C-5
APN
211-11-0-40-11-021.00-0
UPID
US33-1039983
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
-
Robbins Motor Car Dealership
-
Robbins - RAM Car Dealership
-
Robbins Chrysler Dodge Jeep Ram FIAT Car Dealership Auto Repair Shop
-
Robbins - Jeep Car Dealership
-
Robbins - FIAT Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$425k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$806k
Blend (final)
Blend
$615k
Owner & transaction history
C MARK ROBBINS
C MARK ROBBINS
Zoning & alternative use
C-5 · Manhattan, KS
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$870,000
+41.0%
Office building
$775,000
+26.1%
Medical building
$690,000
+11.8%
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 Manhattan submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Manhattan 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
$425,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$615,000
Current use
RESTAURANT
$870,000
Change: +41% · Conversion: Difficult
OFFICE BUILDING
$775,000
Change: +26% · Conversion: Difficult
MEDICAL BUILDING
$690,000
Change: +12% · Conversion: Difficult
RETAIL STORES
$580,000
Change: -6% · Conversion: Difficult
COMMERCIAL (GENERAL)
$570,000
Change: -7% · Conversion: Moderate
Blend value · Realmo final
$615k
Range $554k – $677k · ±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
$105 / 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
$29,991
Tax year 2022
Assessed value
$195,266
Assessed 2023
Previous assessed
$191,676
+1.9% YoY
Effective rate
15.36%
On assessed value
Assessed land
$171,083
Assessed improvement
$24,183
Land market value
$684,330
Improvement market value
$96,730
Total market value
$781,060
Applied tax rate
2.0000
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Construction
CONCRETE BLOCKS
Heating
NONE
Units
1
Bathrooms
4
Total area
5,850 SF
Lot
2 ac (87,120 SF)
Zoning code
C-5
APN
211-11-0-40-11-021.00-0
UPID
US33-1039983
Jurisdiction
RILEY
Zoning & alternative use
C-5 · Manhattan, KS
Zoning C-5 · permitted uses
C-5 · Manhattan, KS
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Manhattan. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$615,000
RESTAURANT
Est. value
$870,000
OFFICE BUILDING
Est. value
$775,000
MEDICAL BUILDING
Est. value
$690,000
RETAIL STORES
Est. value
$580,000
COMMERCIAL (GENERAL)
Est. value
$570,000
AUTO REPAIR, GARAGE Current
RESTAURANT
OFFICE BUILDING
MEDICAL BUILDING
RETAIL STORES
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
Construction
CONCRETE BLOCKS
Heating
NONE
Units
1
Bathrooms
4
Lot
2 ac
Current owner
From public records · entity-resolved
C MARK ROBBINS
Individual
Free & Clear · 0 yrs held
Mailing address
3100 ANDERSON AVE, MANHATTAN, KS 66503-2810
Mailing matches property
Yes
Owner-occupied
Yes
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.
Try Rey
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