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Property profile & analytics
OFF-MARKET
Office Spaces
412 Main St Cheney, KS 67025-8698
Entity Owned
Free & Clear
Property ID
US33-0194314
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1945
Construction
FRAME
Total area
2,400 SF
Lot
0.76 ac (33,106 SF)
APN
087-173-08-0-42-00-005.00
UPID
US33-0194314
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
-
U-Haul Neighborhood Dealer Car Rental Facility
-
Primo Water Refill Big Box & Wholesale Store
-
SPK Grocery Cheney Grocery & Convenience Store Food Market
-
Foos Muscle Cars Car Dealership
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
S3 Holdings LLC
S3 Holdings LLC
since 2026
5 recorded transactions
Zoning & alternative use
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 Cheney submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cheney 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
$902
Tax year 2023
Assessed value
$8,729
Assessed 2024
Previous assessed
$6,594
+32.4% YoY
Effective rate
10.33%
On assessed value
Assessed land
$2,093
Assessed improvement
$6,636
Land market value
$18,200
Improvement market value
$57,700
Total market value
$75,900
Applied tax rate
5,301.0000
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1945
Construction
FRAME
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Bathrooms
2
Total area
2,400 SF
Lot
0.76 ac (33,106 SF)
APN
087-173-08-0-42-00-005.00
UPID
US33-0194314
Jurisdiction
SEDGWICK
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1945
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Bathrooms
2
Lot
0.76 ac
Current owner
From public records · entity-resolved
S3 Holdings LLC
Entity
Free & Clear · 0 yrs held
Mailing address
730 N LK RD, CHENEY, KS 67025-7701
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 2, 2026
—
S3 Holdings LLC
Spk Holdings LLC
Warranty Deed
—
Aug 14, 2025
—
Redbird Service Co LLC
—
Deed
related
$119,000 · Peoples Bank & Trust Co
Jun 5, 2019
—
Spk Holdings LLC
Lakeside Grocery Corporation
Warranty Deed
$222,500 · The Citizens State Bank Of Cheney K
Jan 25, 2013
—
Foos Muscle Cars LLC
Frank L Castor Revocable Trust
Re-recorded Document
related
$50,000 · The Citizens State Bank Of Cheney
Nov 30, 2012
—
Foos Muscle Cars LLC
Frank L Castor Revocable Trust
Deed
$50,000 · The Citizens State Bank Of Cheney
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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