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    Property profile & analytics

    600 11Th St Hugoton, KS 67951

    • Turn key restaurants
    • 6,135 SF
    • 0.68 lot acres
    For Sale
    View listing
    $1,351,112
    Value Estimation
    Location Intelligence
    Property ID
    US33-1449139
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Pizza Hut / Pizza Restaurant / Pizza Takeout
    • Finishing Touches / Flooring Contractor

    Property Details for 600 11Th St

    Year built
    1950
    Lot size
    0.68 lot acres
    Property size
    6,135 SF
    Property type
    Turn key restaurants
    APN
    135-15-0-30-02-020.00-0
    APU
    1351503002020000

    Description

    This exceptional investment opportunity presents a single-tenant, absolute NNN leased Pizza Hut restaurant located at 600 E 11th St, Hugoton, Kansas, 67951. The property boasts a 2,701 square foot building situated on a 0.5-acre lot, constructed in 1977. Currently operating at 100% occupancy, the lease features a substantial remaining term of 14.7 years, providing long-term stability and predictable cash flow. The annual rent escalates at a favorable 1.50% rate, ensuring consistent growth in rental income. The property's Net Operating Income (NOI) is $87,822, yielding an attractive 6.50% cap rate. The asking price is $1,351,112, translating to a price per square foot of $500.23. This investment is characterized by its strong tenant, Pizza Hut, a nationally recognized brand, and its excellent visibility and accessibility within the Hugoton market. The property is a single-story building, offering ease of management and maintenance. This is a rare opportunity to acquire a stable, high-performing net lease property with significant long-term potential. The property's location in Stevens County, Kansas, provides a solid foundation for continued success. The absolute NNN lease structure minimizes landlord responsibilities, making this an ideal investment for passive income seekers.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Hugoton
    County
    Stevens
    State
    Kansas
    Longitude
    -101.339
    Latitude
    37.1703

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $4,417
    $3,013
    $22,526
    $25,539
    -
    $16,040
    $102,060
    $118,100

    Comparable in this City

    • Value Estimation
      $465,000
      4,000 SF

      615 Monroe St

      RESTAURANT • 4,000 SF
      615 Monroe St, Hugoton, KS 67951-2727
      View Details
    • Value Estimation
      $205,000
      1,418 SF

      110 4th St

      RESTAURANT • 1,418 SF
      110 4th St, Hugoton, KS 67951-2108
      View Details
    • Value Estimation
      $205,000
      1,459 SF

      500 Main St

      RESTAURANT • 1,459 SF
      500 Main St, Hugoton, KS 67951-2428
      View Details
    • Value Estimation
      $255,000
      9,956 SF

      110 7th St

      RESTAURANT • 9,956 SF
      110 7th St, Hugoton, KS 67951-2400
      View Details
    • Value Estimation by Request
      1,388 SF

      611 11th St

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,388 SF
      611 11th St, Hugoton, KS 67951-2911
      View Details
    • Value Estimation
      $365,000
      1,440 SF

      401 Main St

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,440 SF
      401 Main St, Hugoton, KS 67951-2426
      View Details
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    600 11Th St
    Hugoton, KS 67951
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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