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Property profile & analytics
OFF-MARKET
Estimated value
$1,610,000
Grocery and convenience stores
10118 119th St Overland Park, KS 66213-1600
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US33-0731458
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1988
Construction
CONCRETE BLOCKS
Total area
58,043 SF
Lot
5.81 ac (253,084 SF)
Zoning code
CP-1
APN
NP31200000 0001A
UPID
US33-0731458
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
-
Pennipede Vincent A OD Physician
-
888 INT'L MARKET & CAFE Specialty Food Shop Supermarket
-
天马迅达ExpressToChina Logistics Company Freight Service
-
888 Cafe & Bakery Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.17M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.05M
Blend (final)
Blend
$1.61M
Owner & transaction history
Mjj Enterprise LLC · 12 yrs held
Mjj Enterprise LLC
since 2013
2 recorded transactions
Zoning & alternative use
CP-1 · Overland Park, KS
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
18.250.010 Statement of Intent 18.250.020 Permitted Uses 18.250.030 Height and Area Regulations 18.250.040 Parking Regulations 18.250.050 Development and Performance Standards 18.260 C-1 Restricted Business District and CP-1 Planned Restricted Business District 18.260.010 Statement of Intent 18.260.020 Permitted Uses 18.260.030 Height and Area Regulations 18…
Zone name
Planned Restricted Business
General category
COMMERCIAL
Zone area
228.12 ac
Source
doc view
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 Overland Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Overland Park 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
$1,170,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.61M
Range $1.45M – $1.77M · ±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
$28 / 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
$115,260
Tax year 2023
Assessed value
$1,062,375
Assessed 2023
Previous assessed
$1,011,820
+5.0% YoY
Effective rate
10.85%
On assessed value
Assessed land
$379,395
Assessed improvement
$682,980
Land market value
$1,517,580
Improvement market value
$2,731,920
Total market value
$4,249,500
Applied tax rate
665.0000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1988
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
58,043 SF
Lot
5.81 ac (253,084 SF)
Zoning code
CP-1
APN
NP31200000 0001A
UPID
US33-0731458
Jurisdiction
JOHNSON
Zoning & alternative use
CP-1 · Overland Park, KSZoning CP-1 · permitted uses
CP-1 · Overland Park, KS
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
18.250.010 Statement of Intent 18.250.020 Permitted Uses 18.250.030 Height and Area Regulations 18.250.040 Parking Regulations 18.250.050 Development and Performance Standards 18.260 C-1 Restricted Business District and CP-1 Planned Restricted Business District 18.260.010 Statement of Intent 18.260.020 Permitted Uses 18.260.030 Height and Area Regulations 18.260.040 Parking Regulations 18.260.050 Development and Performance Standards 18.270
Zone name
Planned Restricted Business
General category
COMMERCIAL
Zone area
228.12 ac
Source
doc view
Building & site characteristics
From public records
Year built
1988
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
5.81 ac
Current owner
From public records · entity-resolved
Mjj Enterprise LLC
Entity
Mailing address
10118 W 119TH ST, OVERLAND PARK, KS 66213-1600
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 21, 2021
—
Mjj Enterprise LLC
—
Deed
related
$1,069,708 · Landmark National Bank
Aug 28, 2013
—
Mjj Enterprise LLC
Di Holdings LLC
Special Warranty Deed
$1,224,000 · Heartland Business Capital INC
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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