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Property profile & analytics
OFF-MARKET
Estimated value
$950,000
Warehouses
739 4th St Clearwater, KS 67026-9717
Entity Owned
Absentee Owner
Free & Clear
Property ID
US33-1631417
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2000
Construction
STEEL FRAME
Total area
7,500 SF
Lot
2.97 ac (129,373 SF)
APN
087-266-23-0-14-00-005.00
UPID
US33-1631417
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
-
J & H Storage LLC Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$990k
Comparable Approach
Comparable
$907k
Blend (final)
Blend
$950k
Owner & transaction history
HILLMAN HORST M TRUST
HILLMAN HORST M TRUST
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$830,000
+43.9%
Office building
$660,000
+14.4%
Apartment house (5+ units)
$620,000
+7.9%
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 Clearwater submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Clearwater 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%
$1,075,000
6.5%
$990,000
7%
$920,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$575,000
Current use
RESTAURANT
$830,000
Change: +44% · Conversion: Difficult
OFFICE BUILDING
$660,000
Change: +14% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$620,000
Change: +8% · Conversion: Difficult
AUTO REPAIR, GARAGE
$615,000
Change: +7% · Conversion: Easy
RETAIL STORES
$605,000
Change: +5% · Conversion: Moderate
Blend value · Realmo final
$950k
Range $855k – $1.05M · ±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
$127 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$29,670
Tax year 2023
Assessed value
$198,700
Assessed 2024
Previous assessed
$183,725
+8.2% YoY
Effective rate
14.93%
On assessed value
Assessed land
$13,600
Assessed improvement
$185,100
Land market value
$54,400
Improvement market value
$740,400
Total market value
$794,800
Applied tax rate
5,401.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2000
Construction
STEEL FRAME
Heating
NONE
Cooling
NONE
Buildings
8
Stories
1
Units
30
Bathrooms
2
Total area
7,500 SF
Lot
2.97 ac (129,373 SF)
APN
087-266-23-0-14-00-005.00
UPID
US33-1631417
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
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$575,000
RESTAURANT
Est. value
$830,000
OFFICE BUILDING
Est. value
$660,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$620,000
AUTO REPAIR, GARAGE
Est. value
$615,000
RETAIL STORES
Est. value
$605,000
WAREHOUSE, STORAGE Current
RESTAURANT
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
RETAIL STORES
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
2000
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
8
Units
30
Bathrooms
2
Lot
2.97 ac
Current owner
From public records · entity-resolved
HILLMAN HORST M TRUST
Entity
Free & Clear · 0 yrs held
Mailing address
511 SESE DR, CLEARWATER, KS 67026-9426
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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