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Property profile & analytics
OFF-MARKET
Estimated value
$4,055,000
Hotels
830 1st N St Wichita, KS 67202-2737
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US33-0791075
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1906
Construction
FRAME
Total area
94,732 SF
Lot
0.44 ac (19,166 SF)
APN
087-125-21-0-24-02-004.01
UPID
US33-0791075
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
-
Hotel At Old Town Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.77M
Comparable Approach
Comparable
$4.34M
Blend (final)
Blend
$4.06M
Owner & transaction history
Haot LLC · 4 yrs held
Haot LLC
since 2021
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$6.6M
+121.1%
Neighborhood: shopping center
$5.5M
+85.6%
Warehouse, storage
$4.8M
+62.0%
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
by Request
CAP Approach
CAP Return
Estimation
6%
$4,080,000
6.5%
$3,770,000
7%
$3,500,000
Alternative Use
Use
Estimation
HOTEL/MOTEL
$2,965,000
Current use
MEDICAL BUILDING
$6,560,000
Change: +121% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$5,510,000
Change: +86% · Conversion: Difficult
WAREHOUSE, STORAGE
$4,805,000
Change: +62% · Conversion: Difficult
Blend value · Realmo final
$4.06M
Range $3.65M – $4.46M · ±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
$43 / 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
$154,173
Tax year 2023
Assessed value
$1,748,025
Assessed 2024
Previous assessed
$1,263,768
+38.3% YoY
Effective rate
8.82%
On assessed value
Assessed land
$32,550
Assessed improvement
$1,715,475
Land market value
$130,200
Improvement market value
$6,861,900
Total market value
$6,992,100
Applied tax rate
6,768.0000
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
1906
Construction
FRAME
Heating
FORCED AIR
Cooling
REFRIGERATOR
Stories
4
Units
115
Bathrooms
2
Total area
94,732 SF
Lot
0.44 ac (19,166 SF)
APN
087-125-21-0-24-02-004.01
UPID
US33-0791075
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
$3.0M
MEDICAL BUILDING
Est. value
$6.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$5.5M
WAREHOUSE, STORAGE
Est. value
$4.8M
HOTEL/MOTEL Current
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
WAREHOUSE, STORAGE
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
1906
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
4
Units
115
Bathrooms
2
Lot
0.44 ac
Current owner
From public records · entity-resolved
Haot LLC
Entity
Mailing address
423 E DOUGLAS AVE STE #100, WICHITA, KS 67202-3407
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 16, 2023
—
Haot LLC
—
Deed
related
$2,525,000 · Stryv Bank
Nov 3, 2022
—
Haot LLC
—
Deed
related
$2,125,000 · Stryv Bank
Nov 2, 2021
—
Haot LLC
The Hotel At Old Town INC
Special Warranty Deed
$8,000,000 · Chisholm Trail 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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