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Property profile & analytics
OFF-MARKET
Estimated value
$325,000
Retail space
610 Juliette Ave Manhattan, KS 66502-7068
Entity Owned
Absentee Owner
Free & Clear
Property ID
US33-0600936
Property summary
AI-generated overview
This mixed-use property in Manhattan, Kansas, offers a unique investment opportunity. Located at 610 S Juliette Ave, the property boasts excellent visibility from KS-18/Fort Riley Blvd, providing easy access to Hwy 177 and Hwy 24. The site encompasses 0.17 acres and includes a vacant 1,469 square foot retail/office building and a 1,600 square foot warehouse currently leased to Lewis Auto Repair until May 31, 2028, generating income. The buildings were constructed between 1937 and 2006 and are zoned ICS. The flexible space is ideal for a variety of uses, making it an attractive option for investors seeking a strong return. The property's prime location and income-producing potential make it a compelling investment prospect in the thriving Manhattan market. The total square footage ranges from 1,469 to 3,069 square feet, offering versatility for potential tenants or expansion. Further details regarding lease terms are available upon request. This is a chance to acquire a well-situated, income-generating property with significant upside potential.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1937
Total area
1,472 SF
Lot
0.17 ac (7,405 SF)
Zoning code
LM-SC
APN
204-19-2-20-01-005.00-0
UPID
US33-0600936
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
-
Lewis's Auto Repair Auto Repair Shop
-
Yumi Yummy Restaurant
-
B & L Vacuum Center Home Appliance Store (Bike/Boat/Book/etc) Store
-
Hoja (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$325k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$325k
Owner & transaction history
MARTAS JANITORIAL SERVICE INC
MARTAS JANITORIAL SERVICE INC
Zoning & alternative use
LM-SC · Manhattan, 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 Manhattan submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Manhattan 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
$325,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$325k
Range $293k – $358k · ±10%
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
$221 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$6,540
Tax year 2022
Assessed value
$43,000
Assessed 2023
Previous assessed
$41,800
+2.9% YoY
Effective rate
15.21%
On assessed value
Assessed land
$14,625
Assessed improvement
$28,375
Land market value
$58,500
Improvement market value
$113,500
Total market value
$172,000
Applied tax rate
2.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1937
Heating
YES
Cooling
AC.PACKAGE
Buildings
2
Stories
1
Units
1
Bathrooms
6
Total area
1,472 SF
Lot
0.17 ac (7,405 SF)
Zoning code
LM-SC
APN
204-19-2-20-01-005.00-0
UPID
US33-0600936
Jurisdiction
RILEY
Zoning & alternative use
LM-SC · Manhattan, KSZoning LM-SC · permitted uses
LM-SC · Manhattan, KS
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
1937
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Units
1
Bathrooms
6
Lot
0.17 ac
Current owner
From public records · entity-resolved
MARTAS JANITORIAL SERVICE INC
Entity
Free & Clear · 0 yrs held
Mailing address
3801 PEACHTREE CIR, MANHATTAN, KS 66503-9807
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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