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Property profile & analytics
OFF-MARKET
Estimated value
$530,000
Office buildings
11004 Johnson Dr Shawnee, KS 66203-2832
Entity Owned
20-yr Hold
Free & Clear
Property ID
US33-0507970
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1950
Construction
CONCRETE BLOCKS
Total area
6,684 SF
Lot
0.26 ac (11,475 SF)
Zoning code
CBD
APN
QP65000020 0020
UPID
US33-0507970
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
$395k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$663k
Blend (final)
Blend
$530k
Owner & transaction history
H & U Properties LLC · 20 yrs held
H & U Properties LLC
since 2006
5 recorded transactions
Zoning & alternative use
CBD · Shawnee, KS
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
code of ordinances
Top alternative use upside
Retail stores
$810,000
+25.7%
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 Shawnee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Shawnee 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
$395,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$645,000
Current use
RETAIL STORES
$810,000
Change: +26% · Conversion: Moderate
COMMERCIAL (GENERAL)
$540,000
Change: -17% · Conversion: Easy
Blend value · Realmo final
$530k
Range $477k – $583k · ±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
$79 / 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
$11,773
Tax year 2023
Assessed value
$106,250
Assessed 2023
Previous assessed
$106,250
+0.0% YoY
Effective rate
11.08%
On assessed value
Assessed land
$37,295
Assessed improvement
$68,955
Land market value
$149,180
Improvement market value
$275,820
Total market value
$425,000
Applied tax rate
626.0000
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
1950
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
2
Total area
6,684 SF
Lot
0.26 ac (11,475 SF)
Zoning code
CBD
APN
QP65000020 0020
UPID
US33-0507970
Jurisdiction
JOHNSON
Zoning & alternative use
CBD · Shawnee, KSZoning CBD · permitted uses
CBD · Shawnee, KS
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
code of ordinances
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$645,000
RETAIL STORES
Est. value
$810,000
COMMERCIAL (GENERAL)
Est. value
$540,000
OFFICE BUILDING Current
RETAIL STORES
COMMERCIAL (GENERAL)
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
1950
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
Yes
Stories
1
Units
2
Lot
0.26 ac
Current owner
From public records · entity-resolved
H & U Properties LLC
Entity
Free & Clear · 20 yrs held
Mailing address
3152 SW GRANDSTAND CIR, LEES SUMMIT, MO 64081-3806
Ownership since
2006
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
Feb 6, 2025
—
Shawnee Square Partners LLC
—
Deed
related
$2,081,250 · Communityamerica Cu
Sep 21, 2022
—
Shawnee Square Partners LLC
—
Deed
related
$568,000 · Intrust Bank NA
May 23, 2006
—
H & U Properties LLC
Mike Unterreiner
Quit Claim Deed
related
—
Mar 31, 2006
—
Michael J Hartman
John R Hartman
Quit Claim Deed
related
—
Feb 6, 2006
—
Mike Unterreiner
Clarence F Hartman JR
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.
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