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Property profile & analytics
FOR SALE
Banks
11175 Lackman Rd Lenexa, KS 66215
Entity Owned
~
Est. High Equity
Property ID
US33-0892217
For Sale
Contact for pricing
11175 Lackman Rd, Lenexa, KS 66215
View Listing →
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
2004
Lot
3.41 ac (148,540 SF)
Zoning code
BP1
APN
IP69600007 0001
UPID
US33-0892217
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Southlake Holdings LLC
Southlake Holdings LLC
since 2025
3 recorded transactions
Zoning & alternative use
BP1 · Lenexa, KS
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 Lenexa submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lenexa 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$32,889
Tax year 2023
Assessed value
$246,493
Assessed 2023
Previous assessed
$246,493
+0.0% YoY
Effective rate
13.34%
On assessed value
Assessed land
$241,845
Assessed improvement
$4,648
Land market value
$967,380
Improvement market value
$18,590
Total market value
$985,970
Applied tax rate
607.0000
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
Banks
Use group
FINANCIAL BUILDING
Status
For Sale
Year built
2004
Heating
NONE
Lot
3.41 ac (148,540 SF)
Zoning code
BP1
APN
IP69600007 0001
UPID
US33-0892217
Jurisdiction
JOHNSON
Zoning & alternative use
BP1 · Lenexa, KSZoning BP1 · permitted uses
BP1 · Lenexa, KS
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
development guide
Building & site characteristics
From public records
Year built
2004
Heating
NONE
Lot
3.41 ac
Current owner
From public records · entity-resolved
Southlake Holdings LLC
Entity
Mailing address
222 S 15TH ST STE 1404S, OMAHA, NE 68102-1645
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 16, 2025
—
Southlake Holdings LLC
88 Tactical Building Group Kansas C
Special Warranty Deed
$600,000 · Great Southern Bank
Mar 9, 2022
—
88 Tactical Building Group Ks City
—
Deed
related
$1,930,500 · Great Southern Bank
Feb 1, 2019
—
88 Tactial Building Group Ks City L
Southlake Holdings LLC
Special Warranty Deed
$1,930,500 · Great Southern Bank
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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