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Property profile & analytics
OFF-MARKET
Estimated value
$1,340,000
Assisted living facilities
12340 Quivira Rd Overland Park, KS 66213-2408
Entity Owned
12-yr Hold
Free & Clear
Property ID
US33-0705002
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1997
Construction
FRAME
Total area
57,121 SF
Lot
4.71 ac (205,168 SF)
Zoning code
RP-4
APN
NP81940000 0001
UPID
US33-0705002
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
-
STRAFFOD COMMONS Physician
-
Stratford Commons Memory Care Community Nursing Home Retirement Community
-
Stratford Commons Rehabilitation & Health Care Retirement Community
-
Mills Melissa J MD Geriatric Care Provider
-
Brinkmann Constructions Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.37M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.32M
Blend (final)
Blend
$1.34M
Owner & transaction history
Stratford Commons Real Estate LLC · 12 yrs held
Stratford Commons Real Estate LLC
since 2013
3 recorded transactions
Zoning & alternative use
RP-4 · Overland Park, KS
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
-3 Planned Garden Apartment District 18.210.010 Statement of Intent 18.210.020 Permitted Uses 18.210.030 Height and Area Regulations 18.210.040 Parking Regulations 18.210.050 Development and Performance Standards 18.220 RP-4 Planned Cluster Housing District 18.220.010 Statement of Intent 18.220.020 Permitted Uses 18.220.030 Height and Area Regulations 18.220…
Zone name
Planned Cluster Dwelling
General category
RESIDENTIAL
Zone area
525.05 ac
Source
doc view
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 Overland Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Overland Park 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
$1,365,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING)
$1,180,000
Current use
Blend value · Realmo final
$1.34M
Range $1.21M – $1.47M · ±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
$23 / 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
$126,717
Tax year 2023
Assessed value
$1,124,280
Assessed 2023
Previous assessed
$837,173
+34.3% YoY
Effective rate
11.27%
On assessed value
Assessed land
$141,572
Assessed improvement
$982,708
Land market value
$1,231,060
Improvement market value
$8,545,290
Total market value
$9,776,350
Applied tax rate
669.0000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1997
Construction
FRAME
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
90
Total area
57,121 SF
Lot
4.71 ac (205,168 SF)
Zoning code
RP-4
APN
NP81940000 0001
UPID
US33-0705002
Jurisdiction
JOHNSON
Zoning & alternative use
RP-4 · Overland Park, KSZoning RP-4 · permitted uses
RP-4 · Overland Park, KS
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
-3 Planned Garden Apartment District 18.210.010 Statement of Intent 18.210.020 Permitted Uses 18.210.030 Height and Area Regulations 18.210.040 Parking Regulations 18.210.050 Development and Performance Standards 18.220 RP-4 Planned Cluster Housing District 18.220.010 Statement of Intent 18.220.020 Permitted Uses 18.220.030 Height and Area Regulations 18.220.040 Parking Regulations 18.220.050 Development and Performance Standards 18.230 RP-
Zone name
Planned Cluster Dwelling
General category
RESIDENTIAL
Zone area
525.05 ac
Source
doc view
Alternative use value scenarios
Repositioning upside vs current use
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
Est. value
$1.2M
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) 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
1997
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Units
90
Lot
4.71 ac
Current owner
From public records · entity-resolved
Stratford Commons Real Estate LLC
Entity
Free & Clear · 12 yrs held
Mailing address
7611 STATE LINE RD STE #301, KANSAS CITY, MO 64114-1698
Ownership since
2013
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
Jun 2, 2016
—
Stratford Commons Real Estate LLC
—
Deed
related
$9,000,000 · Valley View State Bank
Aug 1, 2013
—
Stratford Commons Real Estate LLC
Stratford Commons Memory Care Commu
Intrafamily Transfer
related
—
Jun 2, 2008
—
Karen D Baumartner
Robert E Smith
Transfer On Death 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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