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Property profile & analytics
OFF-MARKET
Estimated value
$740,000
Garden apartment buildings
1125 32nd St Kansas City, KS 66102-2307
Entity Owned
3-yr Hold
Free & Clear
Property ID
US33-0299508
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1966
Total area
7,656 SF
Lot
0.67 ac (29,272 SF)
APN
63635
UPID
US33-0299508
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
$495k
CAP Approach
CAP
$980k
Comparable Approach
Comparable
$739k
Blend (final)
Blend
$740k
Owner & transaction history
Jetz Service Co INC · 3 yrs held
Jetz Service Co INC
since 2023
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.1M
+99.8%
Office building
$985,000
+76.4%
Auto repair, garage
$875,000
+56.7%
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 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
by Request
ML approach
$495,000
CAP Approach
CAP Return
Estimation
6%
$1,065,000
6.5%
$980,000
7%
$910,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$560,000
Current use
RESTAURANT
$1,115,000
Change: +100% · Conversion: Difficult
OFFICE BUILDING
$985,000
Change: +76% · Conversion: Moderate
AUTO REPAIR, GARAGE
$875,000
Change: +57% · Conversion: Difficult
RETAIL STORES
$780,000
Change: +40% · Conversion: Difficult
COMMERCIAL (GENERAL)
$650,000
Change: +16% · Conversion: Moderate
MEDICAL BUILDING
$535,000
Change: -4% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$520,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$740k
Range $666k – $814k · ±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
$97 / 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
$25,107
Tax year 2023
Assessed value
$153,272
Assessed 2023
Previous assessed
$110,687
+38.5% YoY
Effective rate
16.38%
On assessed value
Assessed land
$6,539
Assessed improvement
$146,733
Land market value
$56,860
Improvement market value
$1,275,940
Total market value
$1,332,800
Applied tax rate
10.0000
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
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
1966
Heating
YES
Cooling
YES
Buildings
2
Stories
2
Units
24
Total area
7,656 SF
Lot
0.67 ac (29,272 SF)
APN
63635
UPID
US33-0299508
Jurisdiction
WYANDOTTE
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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$560,000
RESTAURANT
Est. value
$1.1M
OFFICE BUILDING
Est. value
$985,000
AUTO REPAIR, GARAGE
Est. value
$875,000
RETAIL STORES
Est. value
$780,000
COMMERCIAL (GENERAL)
Est. value
$650,000
MEDICAL BUILDING
Est. value
$535,000
INDUSTRIAL (GENERAL)
Est. value
$520,000
APARTMENT HOUSE (5+ UNITS) Current
RESTAURANT
OFFICE BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
COMMERCIAL (GENERAL)
MEDICAL BUILDING
INDUSTRIAL (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
1966
Heating
YES
Cooling
Yes
Stories
2
Buildings
2
Units
24
Lot
0.67 ac
Current owner
From public records · entity-resolved
Jetz Service Co INC
Entity
Free & Clear · 3 yrs held
Mailing address
901 NE RIV RD, TOPEKA, KS 66616-1142
Ownership since
2023
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
Feb 15, 2023
—
Jetz Service Co INC
Sasha Investments
Lease
—
Aug 19, 2022
—
Sasha Investments LLC
Maderos Property LLC
Warranty Deed
—
Jul 31, 2012
$350,000
Maderos Property LLC
John May
Warranty Deed
$245,000 · Security Bank Of Kansas City
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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