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Property profile & analytics
OFF-MARKET
Drive through restaurants
3510 29th St Topeka, KS 66605-1811
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US33-0984197
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Lot
0.72 ac (31,240 SF)
Zoning code
OI2
APN
132-10-0-40-01-014.00
UPID
US33-0984197
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
-
Scooters Coffee Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Rayroad LLC · 3 yrs held
Rayroad LLC
since 2023
3 recorded transactions
Zoning & alternative use
OI2 · Topeka, KS
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
This district is established to provide for a limited range of nonresidential and noncommercial uses such as general purpose office, professional, or administrative operations
Zone name
Office And Institutional District
General category
CIVIC_INSTITUTIONAL
Zone area
278.64 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$15,036
Tax year 2023
Assessed value
$96,015
Assessed 2023
Previous assessed
$96,015
+0.0% YoY
Effective rate
15.66%
On assessed value
Total market value
$384,060
Applied tax rate
10.0000
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Heating
NONE
Lot
0.72 ac (31,240 SF)
Zoning code
OI2
APN
132-10-0-40-01-014.00
UPID
US33-0984197
Jurisdiction
SHAWNEE
Zoning & alternative use
OI2 · Topeka, KSZoning OI2 · permitted uses
OI2 · 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 a limited range of nonresidential and noncommercial uses such as general purpose office, professional, or administrative operations
Zone name
Office And Institutional District
General category
CIVIC_INSTITUTIONAL
Zone area
278.64 ac
Source
Realmo
Building & site characteristics
From public records
Heating
NONE
Lot
0.72 ac
Current owner
From public records · entity-resolved
Rayroad LLC
Entity
Mailing address
PO BOX 14136TH SCOTTSDALE
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 4, 2023
—
Rayroad LLC
Stillwell Investments LLC
Special Warranty Deed
$150,000 · Nationstar Mortgage LLC
Sep 28, 2022
—
Fortino Suarez
Gerald R Vineyard
Warranty Deed
$684,000 · First National Bank Of Omaha
Apr 22, 2022
—
Stillwell Investmetns LLC
Thunderbird Retail LLC
Warranty Deed
$180,000 · Labette Bank
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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