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Property profile & analytics
OFF-MARKET
Estimated value
$16,475,000
Outlet malls
719 7th Ave Augusta, KS 67010-1314
Individually Owned
14-yr Hold
Absentee Owner
Free & Clear
Property ID
US33-0123119
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
2012
Construction
CONCRETE BLOCKS
Total area
120,432 SF
Lot
15 ac (653,400 SF)
APN
008-298-27-0-20-01-014.00-0
UPID
US33-0123119
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
-
Walmart Baby & Nursery Services Social Service Agency Community Center
-
Western Union Bank Credit Union
-
Minute Key Locksmith (Bike/Boat/Book/etc) Store
-
Walmart Patio & Garden Services Landscaping General Contractor
-
Walmart0346 Electronics Vending Machine
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$16.01M
Comparable Approach
Comparable
$16.94M
Blend (final)
Blend
$16.48M
Owner & transaction history
Wal-mart Real Estate Business · 14 yrs held
Wal-mart Real Estate Business
since 2012
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$16.7M
+38.5%
Commercial (general)
$14.0M
+16.3%
Office building
$12.1M
+0.5%
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 Augusta submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Augusta 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
by Request
CAP Approach
CAP Return
Estimation
6%
$17,340,000
6.5%
$16,005,000
7%
$14,865,000
Alternative Use
Use
Estimation
RETAIL STORES
$12,060,000
Current use
RESTAURANT
$16,700,000
Change: +38% · Conversion: Easy
COMMERCIAL (GENERAL)
$14,030,000
Change: +16% · Conversion: Easy
OFFICE BUILDING
$12,125,000
Change: +1% · Conversion: Easy
MEDICAL BUILDING
$11,730,000
Change: -3% · Conversion: Difficult
AUTO REPAIR, GARAGE
$11,080,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$16.48M
Range $14.83M – $18.12M · ±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
$137 / 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 2019Property tax & assessments
Tax year 2019
Tax billed
$321,474
Tax year 2019
Assessed value
$1,866,100
Assessed 2023
Previous assessed
$1,866,100
+0.0% YoY
Effective rate
17.23%
On assessed value
Assessed land
$240,000
Assessed improvement
$1,626,100
Land market value
$960,000
Improvement market value
$6,504,400
Total market value
$7,464,400
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
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
2012
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
NONE
Total area
120,432 SF
Lot
15 ac (653,400 SF)
APN
008-298-27-0-20-01-014.00-0
UPID
US33-0123119
Jurisdiction
BUTLER
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$12.1M
RESTAURANT
Est. value
$16.7M
COMMERCIAL (GENERAL)
Est. value
$14.0M
OFFICE BUILDING
Est. value
$12.1M
MEDICAL BUILDING
Est. value
$11.7M
AUTO REPAIR, GARAGE
Est. value
$11.1M
RETAIL STORES Current
RESTAURANT
COMMERCIAL (GENERAL)
OFFICE BUILDING
MEDICAL BUILDING
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2012
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
Yes
Lot
15 ac
Current owner
From public records · entity-resolved
Wal-mart Real Estate Business
Individual
Free & Clear · 14 yrs held
Mailing address
PO BOX 8050, BENTONVILLE, AR 72712
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 12, 2012
—
Wal-mart Real Estate Business
Phillips,william C
Warranty 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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