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Property profile & analytics
OFF-MARKET
Estimated value
$670,000
Day care centers
11197 Ambassador St Olathe, KS 66061-6400
Entity Owned
15-yr Hold
~
Est. High Equity
Property ID
US33-0149743
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Year built
2006
Construction
FRAME
Total area
5,980 SF
Lot
1.67 ac (72,745 SF)
Zoning code
BP
APN
DP59400000 0003
UPID
US33-0149743
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
-
Canterbury Academy Daycare Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$670k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$595k
Blend (final)
Blend
$670k
Owner & transaction history
Cogent Enterprises At Prairie Ridge · 15 yrs held
Cogent Enterprises At Prairie Ridge
since 2011
6 recorded transactions
Zoning & alternative use
BP · Olathe, KS
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
This district allows development of a mix of research and development, office, light assembly, warehousing and limited retail and service uses in a planned business park setting.
Zone name
Business Park
General category
COMMERCIAL
Zone area
1,180.45 ac
Source
Realmo
Top alternative use upside
Office building
$845,000
+66.1%
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 Olathe submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Olathe 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
$670,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE
$510,000
Current use
OFFICE BUILDING
$845,000
Change: +66% · Conversion: Difficult
COMMERCIAL (GENERAL)
$485,000
Change: -4% · Conversion: Difficult
AUTO REPAIR, GARAGE
$460,000
Change: -9% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$435,000
Change: -14% · Conversion: Difficult
RETAIL STORES
$425,000
Change: -16% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$415,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$670k
Range $603k – $737k · ±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
$112 / 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
$46,018
Tax year 2023
Assessed value
$393,255
Assessed 2023
Previous assessed
$344,556
+14.1% YoY
Effective rate
11.70%
On assessed value
Assessed land
$118,130
Assessed improvement
$275,125
Land market value
$472,520
Improvement market value
$1,100,500
Total market value
$1,573,020
Applied tax rate
611.0000
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
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Status
Off-Market
Year built
2006
Construction
FRAME
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
5,980 SF
Lot
1.67 ac (72,745 SF)
Zoning code
BP
APN
DP59400000 0003
UPID
US33-0149743
Jurisdiction
JOHNSON
Zoning & alternative use
BP · Olathe, KSZoning BP · permitted uses
BP · Olathe, KS
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
This district allows development of a mix of research and development, office, light assembly, warehousing and limited retail and service uses in a planned business park setting.
Zone name
Business Park
General category
COMMERCIAL
Zone area
1,180.45 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
Est. value
$510,000
OFFICE BUILDING
Est. value
$845,000
COMMERCIAL (GENERAL)
Est. value
$485,000
AUTO REPAIR, GARAGE
Est. value
$460,000
INDUSTRIAL (GENERAL)
Est. value
$435,000
RETAIL STORES
Est. value
$425,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$415,000
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
OFFICE BUILDING
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
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
2006
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
1.67 ac
Current owner
From public records · entity-resolved
Cogent Enterprises At Prairie Ridge
Entity
Mailing address
PO BOX 1227, RANCHO SANTA FE, CA 92067-1227
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 8, 2019
—
Cogent Enterprfises Atg Prairie Rid
—
Deed
related
$1,235,000 · Enterprise Bank & Trust
Mar 1, 2019
—
Cogent Enterprises At Prairie Ridge
—
Deed
related
$1,235,000 · First Missouri Bank
May 27, 2011
—
Cogent Enterprises At Prairie Ridge
City Of Olathe Kansas
Special Warranty Deed
$1,325,500 · Us Bank NA
Mar 11, 2008
—
The City Of Olathe
Cogent Enterprises At Prairie Ridge
Warranty Deed
—
Feb 22, 2007
—
Cogent Enterprises At Priarie Ridge
Cogent Enterprises LLC
Warranty Deed
—
Oct 12, 2005
—
Cogent Enterprises LLC
Prairie Ridge Partners LLC
Special Warranty Deed
—
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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