New search
Property profile & analytics
OFF-MARKET
Estimated value
$845,000
Office buildings
1001 Chipman Rd Lees Summit, MO 64081-3912
Individually Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US48-0349935
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1975
Construction
WOOD
Total area
7,383 SF
Lot
3.13 ac (136,343 SF)
APN
62-120-01-42
UPID
US48-0349935
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
-
HearUSA Hearing Aid Store Audiologist
-
Curana Health Clinic Medical Clinic
-
ATM Atm
-
Commerce Bank ATM Atm
-
Places Restaurant Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$851k
Blend (final)
Blend
$845k
Owner & transaction history
John Knox Village · 8 yrs held
John Knox Village
since 2018
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.3M
+48.5%
Industrial (general)
$985,000
+11.5%
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 Lees Summit submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lees Summit 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$880,000
Current use
COMMERCIAL (GENERAL)
$1,310,000
Change: +49% · Conversion: Easy
INDUSTRIAL (GENERAL)
$985,000
Change: +11% · Conversion: Difficult
WAREHOUSE, STORAGE
$870,000
Change: -1% · Conversion: Difficult
RESTAURANT
$845,000
Change: -4% · Conversion: Moderate
AUTO REPAIR, GARAGE
$760,000
Change: -14% · Conversion: Difficult
RETAIL STORES
$735,000
Change: -17% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$705,000
Change: -20% · Conversion: Easy
Blend value · Realmo final
$845k
Range $761k – $930k · ±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
$114 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$25,621
Tax year 2024
Assessed value
$340,405
Assessed 2024
Previous assessed
$340,405
+0.0% YoY
Effective rate
7.53%
On assessed value
Assessed land
$81,472
Assessed improvement
$258,933
Total market value
$1,610,000
Applied tax rate
49.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1975
Construction
WOOD
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Total area
7,383 SF
Lot
3.13 ac (136,343 SF)
APN
62-120-01-42
UPID
US48-0349935
Jurisdiction
JACKSON
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
OFFICE BUILDING Current
Est. value
$880,000
COMMERCIAL (GENERAL)
Est. value
$1.3M
INDUSTRIAL (GENERAL)
Est. value
$985,000
WAREHOUSE, STORAGE
Est. value
$870,000
RESTAURANT
Est. value
$845,000
AUTO REPAIR, GARAGE
Est. value
$760,000
RETAIL STORES
Est. value
$735,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$705,000
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
WAREHOUSE, STORAGE
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
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
1975
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
3.13 ac
Current owner
From public records · entity-resolved
John Knox Village
Individual
Mailing address
400 NW MURRAY RD, LEES SUMMIT, MO 64081-1426
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
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
Mar 15, 2018
—
John Knox Village
—
Deed
related
$52,565 · Bank Of Ny Mellon
Nov 10, 2016
—
John Knox Village
—
Deed
related
$150,000,000 · Bank Of Ny Mellon
—
—
John Knox Village
—
Loan Modification
related
$26,700,000 · Bank Of Ny Mellon
—
—
John Knox Village
—
Loan Modification
related
$150,000,000 · Bank Of Ny Mellon
—
—
John Knox Village
—
Deed Of Trust
related
$52,565 · Bank Of Ny Mellon
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1001 Chipman Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
