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Property profile & analytics
OFF-MARKET
Estimated value
$535,000
Medical Office Space
411 Campus Dr Garden City, KS 67846-6124
Entity Owned
4-yr Hold
Free & Clear
Property ID
US33-1134009
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1979
Construction
CONCRETE BLOCKS
Total area
7,052 SF
Lot
0.4 ac (17,424 SF)
APN
274-17-0-40-01-021.00-0
UPID
US33-1134009
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
-
Natural Resources Conservation Sustainability Organization
-
Thomas S. Troy, Crna Physician
-
Fry Eye Surgery Center: Fry Luther L MD Ophthalmologist
-
Lynn G. Dunford, Crna Physician
-
Fry Eye Surgery Center Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$550k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$396k
Blend (final)
Blend
$535k
Owner & transaction history
Southwest Kansas Eye Associates LLC · 4 yrs held
Southwest Kansas Eye Associates LLC
since 2022
Last sale
$528,900
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$845,000
+36.1%
Auto repair, garage
$745,000
+19.9%
Office building
$710,000
+14.1%
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 Garden City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Garden 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
Method
Estimation
Statistic approach
by Request
ML approach
$550,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$620,000
Current use
RESTAURANT
$845,000
Change: +36% · Conversion: Difficult
AUTO REPAIR, GARAGE
$745,000
Change: +20% · Conversion: Difficult
OFFICE BUILDING
$710,000
Change: +14% · Conversion: Easy
WAREHOUSE, STORAGE
$525,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$535k
Range $482k – $589k · ±10% · vs last sale $529k (Jan 5 2022)
Last sale anchor
$529k
Jan 5 2022
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
$76 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$17,991
Tax year 2023
Assessed value
$112,423
Assessed 2023
Previous assessed
$106,398
+5.7% YoY
Effective rate
16.00%
On assessed value
Assessed land
$7,088
Assessed improvement
$105,335
Land market value
$28,350
Improvement market value
$421,340
Total market value
$449,690
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1979
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
YES
Total area
7,052 SF
Lot
0.4 ac (17,424 SF)
APN
274-17-0-40-01-021.00-0
UPID
US33-1134009
Jurisdiction
FINNEY
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$620,000
RESTAURANT
Est. value
$845,000
AUTO REPAIR, GARAGE
Est. value
$745,000
OFFICE BUILDING
Est. value
$710,000
WAREHOUSE, STORAGE
Est. value
$525,000
MEDICAL BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
OFFICE BUILDING
WAREHOUSE, STORAGE
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
Year built
1979
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
Yes
Lot
0.4 ac
Current owner
From public records · entity-resolved
Southwest Kansas Eye Associates LLC
Entity
Free & Clear · 4 yrs held
Mailing address
502 COLLEGE DR, GARDEN CITY, KS 67846-6183
Ownership since
2022
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
Jan 5, 2022
$528,900
Southwest Kansas Eye Associates LLC
Fry Eye Surgery Center LLC
Warranty Deed
—
Dec 2, 2009
—
Fry Eye Surgery Center LLC
City Of Garden City
Quit Claim Deed
related
—
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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