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Property profile & analytics
OFF-MARKET
Drug stores
407 Washington St, Junction City, KS 66441-3748
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US33-0241894
Property profile
Verified
Property type
Drug stores
Use group
DRUG STORE, PHARMACY
Year built
1970
Construction
FRAME
Total area
3,078 SF
Lot
0.41 ac (17,860 SF)
Zoning code
CSR
APN
111-12-0-30-19-005.00-0
UPID
US33-0241894
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
-
Kollhoff Pharmacy Pharmacy
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
Rural Rental LLC · 6 yrs held
Rural Rental LLC
since 2019
2 recorded transactions
Zoning & alternative use
CSR · Junction City, KS
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Junction City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Junction City 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 2022Property tax & assessments
Tax year 2022
Tax billed
$14,209
Tax year 2022
Assessed value
$93,965
Assessed 2023
Previous assessed
$84,663
+11.0% YoY
Effective rate
15.12%
On assessed value
Assessed land
$5,365
Assessed improvement
$88,600
Land market value
$21,460
Improvement market value
$354,400
Total market value
$375,860
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
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
Drug stores
Use group
DRUG STORE, PHARMACY
Status
Off-Market
Year built
1970
Construction
FRAME
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
3,078 SF
Lot
0.41 ac (17,860 SF)
Zoning code
CSR
APN
111-12-0-30-19-005.00-0
UPID
US33-0241894
Jurisdiction
GEARY
Zoning & alternative use
CSR · Junction City, KS
Zoning CSR · permitted uses
CSR · Junction City, KS
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Junction City. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1970
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
0.41 ac
Current owner
From public records · entity-resolved
Rural Rental LLC
Entity
Mailing address
407 S WASHINGTON ST, JUNCTION CITY, KS 66441-3748
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 16, 2019
—
Rural Rental LLC
—
Deed
related
$428,170 · The Bennington State Bank
Oct 29, 2018
—
Rural Rental LLC
—
Deed
related
$433,500 · Arvest 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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