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Property profile & analytics
OFF-MARKET
Office buildings
420 9th St Topeka, KS 66612-1603
Entity Owned
18-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US33-0920688
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1924
Lot
0.55 ac (23,845 SF)
Zoning code
D1
APN
109-31-0-30-07-005.00
UPID
US33-0920688
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
-
Capitol Cotillion Community Center
-
The Beacon Hotel & Motel Resort
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
Kansas Insurance Department · 18 yrs held
Kansas Insurance Department
since 2008
3 recorded transactions
Zoning & alternative use
D1 · Topeka, KS
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of this district is to facilitate a compatible mixed use activity center within the core area of downtown Topeka
Zone name
Downtown District
General category
MIXED_USE
Zone area
183.20 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
$73,969
Tax year 2023
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1924
Heating
YES
Cooling
YES
Lot
0.55 ac (23,845 SF)
Zoning code
D1
APN
109-31-0-30-07-005.00
UPID
US33-0920688
Jurisdiction
SHAWNEE
Zoning & alternative use
D1 · Topeka, KSZoning D1 · permitted uses
D1 · Topeka, KS
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of this district is to facilitate a compatible mixed use activity center within the core area of downtown Topeka
Zone name
Downtown District
General category
MIXED_USE
Zone area
183.20 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1924
Heating
YES
Cooling
Yes
Lot
0.55 ac
Current owner
From public records · entity-resolved
Kansas Insurance Department
Entity
Mailing address
3321 SW WESTOVER RD, TOPEKA, KS 66604-2559
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2008
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
May 10, 2023
—
Narwhal Holdings LLC
—
Deed
related
$1,934,360 · Capitol Federal Savings Bank
Nov 9, 2020
—
Narwhal Holdings LLC
—
Deed
related
$1,000,000 · Labette Bank
Jan 9, 2008
—
Kansas Insurance Department
Kansas Development Finance Authorit
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.
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