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Property profile & analytics
OFF-MARKET
Estimated value
$2,585,000
Industrial properties
1001 Technology Dr, Lees Summit, MO 64086-5603
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US48-0974268
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL LOFT BUILDING
Year built
2005
Construction
WOOD
Total area
31,414 SF
Lot
3 ac (130,680 SF)
Zoning code
COM
APN
51-700-02-73
UPID
US48-0974268
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
-
Viracor Secure (Bike/Boat/Book/etc) Store Corporate Office
-
Lee's Summit Office Suites Hotel & Motel
-
Michelle Altrich Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.79M
Blend (final)
Blend
$2.59M
Owner & transaction history
1001 Nw Technology Drive Management · 3 yrs held
1001 Nw Technology Drive Management
since 2022
4 recorded transactions
Zoning & alternative use
COM · Lees Summit, MO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$3.6M
+4.8%
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
INDUSTRIAL (GENERAL)
$3,470,000
Current use
OFFICE BUILDING
$3,635,000
Change: +5% · Conversion: Difficult
RESTAURANT
$3,410,000
Change: -2% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,240,000
Change: -7% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$3,205,000
Change: -8% · Conversion: Difficult
RETAIL STORES
$2,905,000
Change: -16% · Conversion: Moderate
Blend value · Realmo final
$2.59M
Range $2.33M – $2.84M · ±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
$82 / 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
$109,188
Tax year 2024
Assessed value
$1,268,864
Assessed 2024
Previous assessed
$1,268,864
+0.0% YoY
Effective rate
8.61%
On assessed value
Assessed land
$306,400
Assessed improvement
$962,464
Total market value
$3,965,200
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
Industrial properties
Use group
INDUSTRIAL LOFT BUILDING
Status
Off-Market
Year built
2005
Construction
WOOD
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Total area
31,414 SF
Lot
3 ac (130,680 SF)
Zoning code
COM
APN
51-700-02-73
UPID
US48-0974268
Jurisdiction
JACKSON
Zoning & alternative use
COM · Lees Summit, MO
Zoning COM · permitted uses
COM · Lees Summit, MO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lees Summit. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$3.5M
OFFICE BUILDING
Est. value
$3.6M
RESTAURANT
Est. value
$3.4M
AUTO REPAIR, GARAGE
Est. value
$3.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.2M
RETAIL STORES
Est. value
$2.9M
INDUSTRIAL (GENERAL) Current
OFFICE BUILDING
RESTAURANT
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
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
2005
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
3 ac
Current owner
From public records · entity-resolved
1001 Nw Technology Drive Management
Entity
Mailing address
1200 BURLINGTON ST, KANSAS CITY, MO 64116-4023
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
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
May 16, 2023
—
1001 Nw Technology Drive Management
—
Deed
related
$459,700 · Cs Bank
Nov 2, 2022
—
1001 Nw Technology Drive Management
Summit Tech Investment LLC
Special Warranty Deed
$3,250,000 · Cs Bank
Aug 23, 2021
—
Summith Teeh Investments LLC
Technology Center LLC
Warranty Deed
$1,950,000 · First State Bank & Trust
—
—
Technology Center LLC
—
Deed Of Trust
related
$1,400,000 · First National Bank Olathe
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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