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Property profile & analytics
OFF-MARKET
Bars & Pubs
401 Emmett St Topeka, KS 66616-1206
Entity Owned
13-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US33-0127609
Property profile
Verified
Property type
Bars & Pubs
Use group
BAR, TAVERN
Year built
1900
Lot
0.2 ac (8,750 SF)
Zoning code
X1
APN
108-28-0-30-24-012.00
UPID
US33-0127609
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
-
Brass Rail Bar & Pub
-
Brass Rail Tavern Bar & Pub
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
The Rail LLC · 13 yrs held
The Rail LLC
since 2013
3 recorded transactions
Zoning & alternative use
X1 · Topeka, KS
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
This district facilitates a compatible mixed use activity center within a traditional residential neighborhood and, to a limited extent, in areas envisioned for mixed use development by the comprehensive plan
Zone name
Mixed Use District
General category
MIXED_USE
Zone area
107.71 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
$2,436
Tax year 2023
Assessed value
$16,647
Assessed 2023
Previous assessed
$16,647
+0.0% YoY
Effective rate
14.63%
On assessed value
Total market value
$79,600
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
Bars & Pubs
Use group
BAR, TAVERN
Status
Off-Market
Year built
1900
Heating
YES
Cooling
YES
Lot
0.2 ac (8,750 SF)
Zoning code
X1
APN
108-28-0-30-24-012.00
UPID
US33-0127609
Jurisdiction
SHAWNEE
Zoning & alternative use
X1 · Topeka, KSZoning X1 · permitted uses
X1 · Topeka, KS
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
This district facilitates a compatible mixed use activity center within a traditional residential neighborhood and, to a limited extent, in areas envisioned for mixed use development by the comprehensive plan
Zone name
Mixed Use District
General category
MIXED_USE
Zone area
107.71 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1900
Heating
YES
Cooling
Yes
Lot
0.2 ac
Current owner
From public records · entity-resolved
The Rail LLC
Entity
Mailing address
6466 ROCK CRK DR, OZAWKIE, KS 66070-4118
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
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
Mar 29, 2013
—
The Rail LLC
Robert J Stevens
Warranty Deed
$39,185 · Kaw Valley Bank
Sep 29, 2006
—
David H Stevens
Rhonda L Lummus
Warranty Deed
—
Sep 28, 2006
—
Rhonda K Lummus
John C Mcdonnell
Warranty Deed
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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