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Property profile & analytics
FOR SALE
Warehouses
10947 Kaw Dr Edwardsville, KS 66111
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US33-0599398
For Sale
1 / 3
$1,425,000
10947 Kaw Dr, Edwardsville, KS 66111
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2007
Total area
11,250 SF
Lot
0.75 ac (32,844 SF)
APN
299504
UPID
US33-0599398
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$645k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$662k
Blend (final)
Blend
$655k
Owner & transaction history
A Plus Properties LLC · 12 yrs held
A Plus Properties LLC
since 2014
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.0M
+105.5%
Auto repair, garage
$960,000
+91.7%
Commercial (general)
$950,000
+90.0%
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 Edwardsville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Edwardsville 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
$645,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$500,000
Current use
RESTAURANT
$1,030,000
Change: +105% · Conversion: Difficult
AUTO REPAIR, GARAGE
$960,000
Change: +92% · Conversion: Easy
COMMERCIAL (GENERAL)
$950,000
Change: +90% · Conversion: Difficult
RETAIL STORES
$795,000
Change: +58% · Conversion: Moderate
MEDICAL BUILDING
$785,000
Change: +57% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$770,000
Change: +54% · Conversion: Difficult
Blend value · Realmo final
$655k
Range $590k – $721k · ±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
$58 / 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
$36,367
Tax year 2023
Assessed value
$220,600
Assessed 2023
Previous assessed
$214,651
+2.8% YoY
Effective rate
16.49%
On assessed value
Assessed land
$24,790
Assessed improvement
$195,810
Land market value
$99,160
Improvement market value
$783,240
Total market value
$882,400
Applied tax rate
130.0000
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 Sale
Year built
2007
Heating
YES
Cooling
YES
Stories
1
Units
5
Total area
11,250 SF
Lot
0.75 ac (32,844 SF)
APN
299504
UPID
US33-0599398
Jurisdiction
WYANDOTTE
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
$500,000
RESTAURANT
Est. value
$1.0M
AUTO REPAIR, GARAGE
Est. value
$960,000
COMMERCIAL (GENERAL)
Est. value
$950,000
RETAIL STORES
Est. value
$795,000
MEDICAL BUILDING
Est. value
$785,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$770,000
WAREHOUSE, STORAGE Current
RESTAURANT
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
RETAIL STORES
MEDICAL BUILDING
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
2007
Heating
YES
Cooling
Yes
Stories
1
Units
5
Lot
0.75 ac
Current owner
From public records · entity-resolved
A Plus Properties LLC
Entity
Mailing address
3093 NW PR LN, DES MOINES, IA 50313-7603
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2014
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
Dec 30, 2021
—
Black Owlproperties Of Kc LLC
—
Deed
related
$920,000 · Great Oaks Bank
May 12, 2020
—
Plus Properties LLC
—
Deed
related
$250,000 · Arvest Bank
Nov 3, 2016
—
A Plus Properties LLC
—
Deed
related
$106,287 · Arvest Bank
Apr 30, 2014
$505,000
A Plus Properties LLC
Edwardsville Properties LLC
Special Warranty Deed
$440,648 · Arvest Bank
Oct 18, 2010
—
Edwardsville Properties L L C
Anthony L Lauer
Quit Claim Deed
related
—
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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