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Property profile & analytics
OFF-MARKET
Warehouses
1320 Market St Lees Summit, MO 64081-2903
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US48-3145648
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2004
Construction
METAL FRAME
Total area
5,800 SF
Lot
0.59 ac (25,700 SF)
APN
61-800-22-29
UPID
US48-3145648
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Gregory Allan Sweeten · 5 yrs held
Gregory Allan Sweeten
since 2021
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$14,765
Tax year 2024
Assessed value
$171,584
Assessed 2024
Previous assessed
$171,584
+0.0% YoY
Effective rate
8.61%
On assessed value
Assessed land
$69,536
Assessed improvement
$102,048
Total market value
$536,200
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
Cooling
OTHER
Stories
1
Total area
5,800 SF
Lot
0.59 ac (25,700 SF)
APN
61-800-22-29
UPID
US48-3145648
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
2004
Construction
METAL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.59 ac
Current owner
From public records · entity-resolved
Gregory Allan Sweeten
Individual
Mailing address
1320 SW MARKET ST, LEES SUMMIT, MO 64081-2903
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 23, 2021
—
Gregory Allan Sweeten
Thomas Michael Sweeten
Beneficiary Deed
related
—
Jul 3, 2019
—
Thomas M Sweeten
Neighbors Prop Mgmt LLC
Grant Deed
related
—
Sep 21, 2018
—
Neighbors Prop Mgmt LLC
—
Deed
related
$270,000 · Simmons Bk
Jul 1, 2013
—
Neighbors Property Mgmt LLC
Lees Summit Inv Props LLC
Warranty Deed
$259,000 · Bank Midwest NA
Jan 29, 2013
—
Lees Summit Inv Props LLC
Midwest Restoration Technologi
Quit Claim Deed
related
—
Dec 4, 2008
—
Midwest Restoration Technologi
Lees Summit Inv Props LLC
Warranty Deed
$375,000 · Lee's Summit Inv Props LLC
Oct 21, 2008
—
Lees Summit Inv Props LLC
Hillhouse,dennis E & Marci D
Quit Claim Deed
related
—
—
—
Neighbors Prop Mgmt LLC
—
Deed Of Trust
related
$270,000 · Simmons Bk
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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