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Property profile & analytics
OFF-MARKET
Estimated value
$7,335,000
Hotels
11212 Newark Cir Kansas City, MO 64153-2027
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US48-1005752
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1987
Construction
FRAME
Total area
50,392 SF
Lot
2.64 ac (114,998 SF)
APN
17-6.0-23-000-000-035-000
UPID
US48-1005752
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
-
Hampton Inn Kansas City-Airport Hotel & Motel
-
LibertyX Bitcoin ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.36M
CAP Approach
CAP
$4.86M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.34M
Owner & transaction history
Texas Hospitality Fund II LLC · 6 yrs held
Texas Hospitality Fund II LLC
since 2020
Last sale
$7.1M
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$6.9M
+933.5%
Restaurant
$6.6M
+901.6%
Retail stores
$6.6M
+888.8%
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 Kansas City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kansas City 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
$8,290,000
ML approach
$9,360,000
CAP Approach
CAP Return
Estimation
6%
$5,265,000
6.5%
$4,860,000
7%
$4,515,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$6,855,000
Change: +934% · Conversion: Difficult
RESTAURANT
$6,640,000
Change: +902% · Conversion: Difficult
RETAIL STORES
$6,560,000
Change: +889% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$6,105,000
Change: +821% · Conversion: Difficult
COMMERCIAL (GENERAL)
$5,555,000
Change: +738% · Conversion: Difficult
Blend value · Realmo final
$7.34M
Range $6.60M – $8.07M · ±10% · vs last sale $7.09M (Mar 16 2020)
Last sale anchor
$7.09M
Mar 16 2020
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
$146 / 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
$153,898
Tax year 2023
Assessed value
$1,830,791
Assessed 2023
Previous assessed
$1,830,791
+0.0% YoY
Effective rate
8.41%
On assessed value
Assessed land
$257,958
Assessed improvement
$1,572,833
Land market value
$806,120
Improvement market value
$4,915,103
Total market value
$5,721,223
Applied tax rate
12.0000
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
1987
Construction
FRAME
Heating
NONE
Stories
4
Units
120
Total area
50,392 SF
Lot
2.64 ac (114,998 SF)
APN
17-6.0-23-000-000-035-000
UPID
US48-1005752
Jurisdiction
PLATTE
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
AUTO REPAIR, GARAGE
Est. value
$6.9M
RESTAURANT
Est. value
$6.6M
RETAIL STORES
Est. value
$6.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$6.1M
COMMERCIAL (GENERAL)
Est. value
$5.6M
AUTO REPAIR, GARAGE
RESTAURANT
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
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
1987
Construction
FRAME
Heating
NONE
Stories
4
Units
120
Lot
2.64 ac
Current owner
From public records · entity-resolved
Texas Hospitality Fund II LLC
Entity
Mailing address
27 WATERFORD POINTE CIR, SUGAR LAND, TX 77479-5663
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 16, 2020
—
Texas Hospitality Fund II LLC
Hit Porfolio I Owner LLC
Grant Deed
$6,500,000 · Bank Midwest
May 12, 2017
—
Hit Portfolio I Owner LLC
—
Deed
related
$805,000,000 · Deutsche Bank National Trust Co
Jan 4, 2011
—
W2007 Equity Inns Realty LLC
—
Deed Of Trust
related
$1,149,000,000 · General Electric Capital Corp
Dec 10, 2007
—
W2007 Equity Inns Realty LLC
—
Deed Of Trust
related
$1,799,999,992 · Goldman Sachs Mortgage Co
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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