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Property profile & analytics
OFF-MARKET
Estimated value
$1,885,000
Hotels
7515 Taft St Wichita, KS 67209-2189
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US33-0265420
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
2007
Construction
FRAME
Total area
46,353 SF
Lot
1.88 ac (81,893 SF)
APN
087-138-28-0-14-02-007.00
UPID
US33-0265420
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
-
Comfort Suites Airport Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.16M
CAP Approach
CAP
$1.85M
Comparable Approach
Comparable
$1.92M
Blend (final)
Blend
$1.89M
Owner & transaction history
S & B Motels INC · 13 yrs held
S & B Motels INC
since 2013
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$2.8M
+89.3%
Neighborhood: shopping center
$2.7M
+87.2%
Warehouse, storage
$2.4M
+63.4%
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
Method
Estimation
Statistic approach
by Request
ML approach
$1,155,000
CAP Approach
CAP Return
Estimation
6%
$1,995,000
6.5%
$1,845,000
7%
$1,710,000
Alternative Use
Use
Estimation
HOTEL/MOTEL
$1,450,000
Current use
OFFICE BUILDING
$2,750,000
Change: +89% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,715,000
Change: +87% · Conversion: Difficult
WAREHOUSE, STORAGE
$2,375,000
Change: +63% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,170,000
Change: +49% · Conversion: Difficult
Blend value · Realmo final
$1.89M
Range $1.70M – $2.07M · ±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
$41 / 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
$80,853
Tax year 2023
Assessed value
$736,925
Assessed 2024
Previous assessed
$701,850
+5.0% YoY
Effective rate
10.97%
On assessed value
Assessed land
$61,500
Assessed improvement
$675,425
Land market value
$246,000
Improvement market value
$2,701,700
Total market value
$2,947,700
Applied tax rate
6,702.0000
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
2007
Construction
FRAME
Heating
HEAT PUMP
Cooling
AC.PACKAGE
Stories
4
Units
78
Bathrooms
2
Total area
46,353 SF
Lot
1.88 ac (81,893 SF)
APN
087-138-28-0-14-02-007.00
UPID
US33-0265420
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
HOTEL/MOTEL Current
Est. value
$1.5M
OFFICE BUILDING
Est. value
$2.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.7M
WAREHOUSE, STORAGE
Est. value
$2.4M
AUTO REPAIR, GARAGE
Est. value
$2.2M
HOTEL/MOTEL Current
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
WAREHOUSE, STORAGE
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
2007
Construction
FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
4
Units
78
Bathrooms
2
Lot
1.88 ac
Current owner
From public records · entity-resolved
S & B Motels INC
Entity
Mailing address
3048 N GRAND BLVD, OKLAHOMA CITY, OK 73107-1818
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 20, 2017
—
Neeha Hotels LLC
—
Deed
related
$4,760,000 · Interbank
Jun 7, 2013
—
S & B Motels INC
Ladiwalla Hospitality LLC
Special Warranty Deed
$4,725,000 · Intrust Bank NA
Nov 21, 2007
—
Ladiwalla Hospitality LLC
Howard Hospitality LLC
Warranty Deed
$4,680,000 · Bank Of Blue Valley
May 16, 2006
—
Howard Hospitality LLC
Cook Construction LLC
Warranty Deed
$406,535 · Pioneer Bank & Trust
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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