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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
729 1st E Ave Horton, KS 66439-1841
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US33-0487880
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1989
Construction
FRAME
Total area
1,980 SF
Lot
0.25 ac (10,890 SF)
Zoning code
C2
APN
158-33-0-30-06-001.01-0
UPID
US33-0487880
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
-
ATM Atm
-
Hunt Brothers Pizza Restaurant
-
Sunoco Gas Station
-
Snakatak 13 Gas Station
-
Snak Atak Gas Station
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
Mahadev Retail LLC · 1 yrs held
Mahadev Retail LLC
since 2025
5 recorded transactions
Zoning & alternative use
C2 · Horton, 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 Horton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Horton 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 2022Property tax & assessments
Tax year 2022
Tax billed
$2,033
Tax year 2022
Assessed value
$15,711
Assessed 2023
Previous assessed
$15,711
+0.0% YoY
Effective rate
12.94%
On assessed value
Assessed land
$488
Assessed improvement
$15,223
Land market value
$1,950
Improvement market value
$60,890
Total market value
$62,840
Applied tax rate
5.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1989
Construction
FRAME
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
1,980 SF
Lot
0.25 ac (10,890 SF)
Zoning code
C2
APN
158-33-0-30-06-001.01-0
UPID
US33-0487880
Jurisdiction
BROWN
Zoning & alternative use
C2 · Horton, KSZoning C2 · permitted uses
C2 · Horton, 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
1989
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
0.25 ac
Current owner
From public records · entity-resolved
Mahadev Retail LLC
Entity
Mailing address
PO BOX 191, AVON, MN 56310-0191
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 24, 2025
—
Mahadev Retail LLC
Parshva LLC
Warranty Deed
$1,048,000 · Landmark National Bank
Dec 28, 2023
—
Parshva LLC
Hilltop Flp LLC
Limited Warranty Deed
$648,000 · Great American Bank
Nov 27, 2023
—
Hilltop Flp LLC
Timothy Lentz
Warranty Deed
—
Aug 12, 2016
—
Timothy Lentz
—
Deed
related
$370,000 · Union State Bank
Jun 30, 2008
—
Timothy Lentz
Madden Oil LLC
Warranty Deed
$52,000 · Union State Bank
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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