New search
Property profile & analytics
OFF-MARKET
Estimated value
$530,000
Warehouses
1200 Sloan St, Lees Summit, MO 64086-4532
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US48-0818580
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2004
Construction
METAL FRAME
Total area
9,600 SF
Lot
1.96 ac (85,378 SF)
Zoning code
COMM
APN
52-910-07-18
UPID
US48-0818580
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
-
Storage Rentals of America Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$355k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$709k
Blend (final)
Blend
$530k
Owner & transaction history
Fam Self Storage IV · 5 yrs held
Fam Self Storage IV
since 2020
7 recorded transactions
Zoning & alternative use
COMM · Lees Summit, MO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Lees Summit submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lees Summit 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
$355,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$440,000
Current use
Blend value · Realmo final
$530k
Range $477k – $583k · ±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
$55 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$72,972
Tax year 2024
Assessed value
$848,000
Assessed 2024
Previous assessed
$848,000
+0.0% YoY
Effective rate
8.61%
On assessed value
Assessed land
$359,360
Assessed improvement
$488,640
Total market value
$2,650,000
Applied tax rate
49.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2004
Construction
METAL FRAME
Heating
NONE
Buildings
4
Stories
1
Total area
9,600 SF
Lot
1.96 ac (85,378 SF)
Zoning code
COMM
APN
52-910-07-18
UPID
US48-0818580
Jurisdiction
JACKSON
Zoning & alternative use
COMM · Lees Summit, MO
Zoning COMM · permitted uses
COMM · Lees Summit, MO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lees Summit. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$440,000
WAREHOUSE, STORAGE Current
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
2004
Construction
METAL FRAME
Heating
NONE
Stories
1
Buildings
4
Lot
1.96 ac
Current owner
From public records · entity-resolved
Fam Self Storage IV
Individual
Mailing address
PO BOX 6338, DENVER, CO 80206-0338
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 2, 2020
—
Fam Self Storage IV
Dot Storage 79 Red
Grant Deed
related
$19,000,000 · Veritex Cmnty Bk
Jun 16, 2017
—
Red Dot Storage 79 Lees Summ
—
Deed
related
$75,000,000 · Texas Cap Bk
Apr 28, 2017
—
Red Dot Storage 79 LLC
Station Self Storage L Douglas
Warranty Deed
$90,000,000 · Texas Cap Bk
Dec 28, 2016
—
Douglas Stn Self Storage LLC
Dsb Ents INC
Grant Deed
$1,687,500 · Clay Cnty Svgs Bk
Jan 16, 2015
—
Dsb Ents INC|m & S Ents Of Kc INC
Cabra Properties LLC
Warranty Deed
related
—
Oct 5, 2005
—
Cabra Properties LLC
58 & Y LLC
Warranty Deed
$1,420,000 · National Bank Of Kansas City
May 7, 2003
—
Major Enterprises INC
Douglas Station LLC
Grant Deed
$1,160,000 · First Financial Bank Fsb
—
—
Cabra Properties LLC
—
Loan Modification
related
$400,000 · Central Bk/ks Cty
—
—
Cabra Properties LLC
—
Deed Of Trust
related
$1,400,000 · First Bk/mo
—
—
Cabra Properties LLC
—
Deed Of Trust
related
$1,323,718 · Central Bank Kansas City
—
—
Red Dot Storage 79 Lees Summ
—
Loan Modification
related
$75,000,000 · Texas Cap Bk
—
—
Flatirons,self-storage IV Dst Trust
—
Deed Of Trust
related
$19,000,000 · Veritex Cmnty Bk
—
—
D II Hammett
—
Deed Of Trust
related
$185,000 · Major D Hammett
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?”
You own 1200 Sloan St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
