Property profile

1119 Merriam Ln Kansas City, KS 66103

OFF-MARKET
Office Spaces
Property ID
US33-0422309
5,728 SF 0.37 ac lot Built 1930
Entity Owned 21-yr Hold Free & Clear
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Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1930
Total area 5,728 SF
Lot 0.37 ac (16,291 SF)
APN 139202
UPID US33-0422309

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Roofing Company General Contractor

Location

1119 Merriam Ln Kansas City, KS 66103-1651
Kansas City metro Census 43000 KANSAS CITY, MO-KS METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$390k
CAP Approach CAP
$835k
Comparable Approach Comparable
$580k
Blend (final) Blend
$600k

Owner & transaction history

since 2005
1 recorded transaction
2005
Price N/A

Zoning & alternative use

Top alternative use upside
Restaurant $860,000 +77.2%
Office building $780,000 +60.6%
Auto repair, garage $655,000 +35.2%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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