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Property profile & analytics
FOR LEASE
Warehouses
10828 NW Airworld Dr Kansas City, MO 64153
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US48-3374909
For Lease
1 / 3
$10 SF/Yr
10828 NW Airworld Dr, Kansas City, MO 64153
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1980
Construction
WOOD
Total area
58,473 SF
Lot
5.22 ac (227,383 SF)
APN
17-7.0-25-000-000-014-000
UPID
US48-3374909
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
-
Accertify DR Physician
-
Columbus Data Services Accounting Atm
-
Rackspace Data Center IT Consulting Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$7.20M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.52M
Owner & transaction history
Kc Real Estate Management LLC
Kc Real Estate Management LLC
since 2025
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$8.3M
+10.0%
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 Kansas City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kansas City 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%
$7,795,000
6.5%
$7,195,000
7%
$6,685,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$7,540,000
Current use
RETAIL STORES
$8,290,000
Change: +10% · Conversion: Moderate
Blend value · Realmo final
$5.52M
Range $4.97M – $6.07M · ±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
$94 / 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
$201,746
Tax year 2023
Assessed value
$2,400,000
Assessed 2023
Previous assessed
$2,400,000
+0.0% YoY
Effective rate
8.41%
On assessed value
Assessed land
$181,907
Assessed improvement
$2,218,093
Land market value
$568,458
Improvement market value
$6,931,542
Total market value
$7,500,000
Applied tax rate
12.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Lease
Year built
1980
Construction
WOOD
Heating
NONE
Stories
1
Total area
58,473 SF
Lot
5.22 ac (227,383 SF)
APN
17-7.0-25-000-000-014-000
UPID
US48-3374909
Jurisdiction
PLATTE
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
WAREHOUSE, STORAGE Current
Est. value
$7.5M
RETAIL STORES
Est. value
$8.3M
WAREHOUSE, STORAGE Current
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
1980
Construction
WOOD
Heating
NONE
Stories
1
Lot
5.22 ac
Current owner
From public records · entity-resolved
Kc Real Estate Management LLC
Entity
Mailing address
4 EMBARCADERO CTR STE #2300, SAN FRANCISCO, CA 94111-5901
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 6, 2025
—
Kc Real Estate Management LLC
Gi Dc Airworld LLC
Special Warranty Deed
—
Aug 5, 2015
—
Gi Dc Airworld LLC
Datapipe INC
Grant Deed
—
Dec 19, 2014
—
Layered Technologies INC
—
Grant Deed
related
$311,100,000 · Morgan Stanley SR Fndg
Jun 22, 2012
—
Layered Technologies INC
—
Deed Of Trust
related
$38,000,000 · Fortress Credit Corp
Nov 19, 2010
—
Layered Technologies INC
Technology Properties Solution LLC
Special Warranty Deed
$25,000 · Silicon Valley Bank
May 20, 2010
—
Technology Prop Solutions LLC
—
Deed Of Trust
related
$5,800,000 · Great Western Bank
Sep 30, 2008
—
Technology Prop Solutions LLC
—
Trustees Deed
related
$1,650,000 · Great Western Bank
Jun 16, 2006
—
Techlonogy Property Solutions LLC
Kuck Investments Partners LP
Warranty Deed
$2,790,000 · M & I Marshall & Ilsley Bank
—
—
Technology Prop Solutions LLC
—
Deed Of Trust
related
$380,000 · M & I Marshall & Isley Bank
—
—
Gi Dc Airworld LLC
—
Deed Of Trust
related
$11,750,000 · Cantor Com'l R/e Lndg
—
—
Technology Prop Solutions LLC
—
Deed Of Trust
related
$3,200,000 · Lehman Brothers Bank Fsb
—
—
Layered Technologies INC
—
Loan Modification
related
$43,000,000 · Fortress Credit Corp
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?”
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