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Property profile & analytics
OFF-MARKET
Distribution centers
620 Cleveland Ave Wichita, KS 67214-4006
Individually Owned
4-yr Hold
Free & Clear
Property ID
US33-0348957
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1915
Total area
902 SF
Lot
0.15 ac (6,534 SF)
APN
087-125-16-0-44-04-005.00
UPID
US33-0348957
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
Tyrone Clark · 4 yrs held
Tyrone Clark
since 2022
Last sale
$3,500
6 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 Wichita submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wichita 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
$194
Tax year 2023
Assessed value
$1,625
Assessed 2024
Previous assessed
$1,625
+0.0% YoY
Effective rate
11.94%
On assessed value
Assessed land
$1,625
Land market value
$6,500
Total market value
$6,500
Applied tax rate
6,787.0000
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1915
Heating
NONE
Stories
1
Rooms
5
Bathrooms
1
Total area
902 SF
Lot
0.15 ac (6,534 SF)
APN
087-125-16-0-44-04-005.00
UPID
US33-0348957
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
1915
Heating
NONE
Stories
1
Rooms
5
Bathrooms
1
Lot
0.15 ac
Current owner
From public records · entity-resolved
Tyrone Clark
Individual
Free & Clear · 4 yrs held
Mailing address
1029 S EASTMOOR ST, WICHITA, KS 67207-3227
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 23, 2022
$3,500
Tyrone Clark
Meeh Enterprises LLC
Warranty Deed
—
Feb 10, 2021
$10,500
M E E H Enterprises
Yolanda Ochoa
Correction Deed
related
—
Dec 29, 2020
$10,500
Shenia Rolfe Tamecca
Josephine Gomez
Public Action
related
—
Apr 22, 2015
$1,500
Christopher D Rye
Matthew W Cox
Re-recorded Document
related
—
Apr 9, 2015
$1,500
Christopher D Rye
Matthew W Cox
Quit Claim Deed
related
—
Aug 15, 2014
—
Matthew Cox
Estate Of Shiu P Shankar
Sheriffs 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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