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Property profile & analytics
OFF-MARKET
Garden apartment buildings
409 Main St Hesston, KS 67062-9163
Entity Owned
Absentee Owner
Free & Clear
Property ID
US33-0130227
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1992
Total area
3,675 SF
Lot
0.69 ac (30,056 SF)
Zoning code
R-1
APN
035-16-0-10-05-011.00-0
UPID
US33-0130227
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
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
OAK LEAF PROPERTIES LLC
OAK LEAF PROPERTIES LLC
Zoning & alternative use
R-1 · Hesston, KS
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The intent of the R-1 district is to provide for areas of low density single-family development including certain public uses such as schools, churches, and parks which will not interfere with the health, safety, order, or general welfare of persons residing in the district.
Zone name
Single Family Dwelling
General category
CIVIC_INSTITUTIONAL
Zone area
391.65 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 Hesston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hesston 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
$4,595
Tax year 2022
Assessed value
$32,340
Assessed 2023
Previous assessed
$32,340
+0.0% YoY
Effective rate
14.21%
On assessed value
Assessed land
$863
Assessed improvement
$31,477
Land market value
$7,500
Improvement market value
$273,710
Total market value
$281,210
Applied tax rate
3.0000
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
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
1992
Heating
YES
Cooling
YES
Buildings
2
Stories
1
Units
5
Rooms
1
Bathrooms
4
Total area
3,675 SF
Lot
0.69 ac (30,056 SF)
Zoning code
R-1
APN
035-16-0-10-05-011.00-0
UPID
US33-0130227
Jurisdiction
HARVEY
Zoning & alternative use
R-1 · Hesston, KSZoning R-1 · permitted uses
R-1 · Hesston, KS
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The intent of the R-1 district is to provide for areas of low density single-family development including certain public uses such as schools, churches, and parks which will not interfere with the health, safety, order, or general welfare of persons residing in the district.
Zone name
Single Family Dwelling
General category
CIVIC_INSTITUTIONAL
Zone area
391.65 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1992
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Units
5
Rooms
1
Bathrooms
4
Lot
0.69 ac
Current owner
From public records · entity-resolved
OAK LEAF PROPERTIES LLC
Entity
Free & Clear · 0 yrs held
Mailing address
455 S OLD US HWY 81, HESSTON, KS 67062-9449
Mailing matches property
Different — outreach signal
Owner-occupied
No
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.
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