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Property profile & analytics
OFF-MARKET
Motels
426 Smt St Arkansas City, KS 67005-2851
Individually Owned
19-yr Hold
Free & Clear
Property ID
US33-0723194
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1930
Total area
2,769 SF
Lot
0.45 ac (19,602 SF)
Zoning code
B3
APN
299-30-0-30-27-006.00-0
UPID
US33-0723194
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
Mohan Bhakta · 19 yrs held
Mohan Bhakta
since 2007
3 recorded transactions
Zoning & alternative use
B3 · Arkansas 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 Arkansas City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Arkansas 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 2021Property tax & assessments
Tax year 2021
Tax billed
$2,237
Tax year 2021
Assessed value
$12,163
Assessed 2023
Previous assessed
$11,657
+4.3% YoY
Effective rate
18.39%
On assessed value
Assessed land
$5,198
Assessed improvement
$6,965
Land market value
$20,790
Improvement market value
$41,160
Total market value
$61,950
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
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1930
Heating
SPACE
Cooling
REFRIGERATOR
Buildings
3
Stories
2
Units
5
Total area
2,769 SF
Lot
0.45 ac (19,602 SF)
Zoning code
B3
APN
299-30-0-30-27-006.00-0
UPID
US33-0723194
Jurisdiction
COWLEY
Zoning & alternative use
B3 · Arkansas City, KS
Zoning B3 · permitted uses
B3 · Arkansas City, KS
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Arkansas City. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1930
Heating
SPACE
Cooling
Yes
Stories
2
Buildings
3
Units
5
Lot
0.45 ac
Current owner
From public records · entity-resolved
Mohan Bhakta
Individual
Free & Clear · 19 yrs held
Mailing address
426 S SMT ST, ARKANSAS CITY, KS 67005-2851
Ownership since
2007
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
Oct 13, 2016
—
Hr INC
—
Deed
related
$150,000 · Citizens Bank Of Kansas
May 27, 2016
—
H R INC
—
Deed
related
$50,000 · Community National Bank & Trust
Mar 19, 2007
—
Mohan Bhakta
Home National Bank
Joint Tenancy 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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