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Property profile & analytics
OFF-MARKET
Estimated value
$805,000
Industrial properties
1221 Broadway Dr Lees Summit, MO 64081-4604
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US48-0055234
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL LOFT BUILDING
Year built
1998
Construction
METAL FRAME
Total area
24,000 SF
Lot
1.64 ac (71,438 SF)
APN
61-630-05-23
UPID
US48-0055234
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
-
riv concrete supply Construction Company General Contractor
-
Brisk Interactive Marketing & Advertising Advertising Agency
-
Active 3D Advertising Agency Marketing & Advertising
-
Leo Concrete LLC Construction Company General Contractor
-
PuroClean Property Restoration Services Hardware & Home Improvement Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$545k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.06M
Blend (final)
Blend
$805k
Owner & transaction history
1221 Se Broadway LLC · 8 yrs held
1221 Se Broadway LLC
since 2017
7 recorded transactions
Zoning & alternative use
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
$545,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$805k
Range $725k – $886k · ±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
$34 / 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
$33,906
Tax year 2024
Assessed value
$394,016
Assessed 2024
Previous assessed
$394,016
+0.0% YoY
Effective rate
8.61%
On assessed value
Assessed land
$115,232
Assessed improvement
$278,784
Total market value
$1,231,300
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
Industrial properties
Use group
INDUSTRIAL LOFT BUILDING
Status
Off-Market
Year built
1998
Construction
METAL FRAME
Heating
YES
Cooling
NONE
Stories
1
Total area
24,000 SF
Lot
1.64 ac (71,438 SF)
APN
61-630-05-23
UPID
US48-0055234
Jurisdiction
JACKSON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1998
Construction
METAL FRAME
Heating
YES
Cooling
Yes
Stories
1
Lot
1.64 ac
Current owner
From public records · entity-resolved
1221 Se Broadway LLC
Entity
Mailing address
PO BOX 403, HICKMAN, NE 68372-0403
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 12, 2017
—
1221 Se Broadway LLC
Lazy B Two LLC
Grant Deed
$775,000 · Anb Bk
Feb 22, 2008
—
Lazy B Two LLC
B Lazy Trust
Quit Claim Deed
related
—
Feb 28, 2007
—
B Lazy Trust
Soucek,charles
Quit Claim Deed
related
—
Dec 11, 2006
—
Soucek,charles D
Soucek,lavaun F
Quit Claim Deed
related
—
Dec 22, 2005
—
Soucek,charles D
L & M Investments LLC
Warranty Deed
related
—
—
—
Charles D Soucek
—
Deed Of Trust
related
$250,000 · Umb Bank NA
—
—
Lazy B Two LLC
—
Deed Of Trust
related
$462,336 · Bank Of The West
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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