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Property profile & analytics
OFF-MARKET
Estimated value
$585,000
Warehouses
1321 13th St, Kansas City, MO 64102-1021
Entity Owned
11-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US48-0565406
Property summary
AI-generated overview
This exceptional industrial property, located at 1321 W 13th Street in Kansas City, Missouri, presents a unique investment opportunity. The building, known as The Oliver Building, is a six-story warehouse with a single tenant occupancy. Currently, a maximum of 10,200 square feet is available on the sixth floor. Future phases of development include the addition of a fifth floor. The property sits on an 8,973 square foot lot and is zoned WHSE (Warehouse). The APN is 29-330-10-03-00-0-00-000. The property is classified as both Industrial and Retail, with a warehouse and bar subtype. This presents a versatile space suitable for a variety of businesses. The lease is a triple net (NNN) lease, with rental rates ranging from $16 to $18 per square foot, contingent upon tenant financials and industry. The landlord is offering tenant improvements, making this an attractive proposition for businesses seeking a move-in ready space. The property's location in Kansas City, MO, zip code 64102, offers excellent access to transportation and key infrastructure.
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1895
Construction
WOOD
Total area
8,750 SF
Lot
0.21 ac (9,148 SF)
APN
29-330-10-03
UPID
US48-0565406
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
-
Aaron Lindberg Photography Photography Service (Bike/Boat/Book/etc) Store
-
The Oliver Building Wedding Service
-
Wild Light Boudoir Photography Service (Bike/Boat/Book/etc) Store
-
Lago Studios Film Production
-
Logicalis Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$577k
Blend (final)
Blend
$585k
Owner & transaction history
Stephco INC · 11 yrs held
Stephco INC
since 2015
3 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 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$585k
Range $527k – $644k · ±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
$67 / 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
$7,259
Tax year 2024
Assessed value
$78,432
Assessed 2024
Previous assessed
$78,432
+0.0% YoY
Effective rate
9.26%
On assessed value
Assessed land
$10,816
Assessed improvement
$67,616
Total market value
$245,100
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
1895
Construction
WOOD
Heating
YES
Cooling
NONE
Stories
1
Total area
8,750 SF
Lot
0.21 ac (9,148 SF)
APN
29-330-10-03
UPID
US48-0565406
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
1895
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
0.21 ac
Current owner
From public records · entity-resolved
Stephco INC
Entity
Mailing address
1319 HICKORY ST, KANSAS CITY, MO 64102-1006
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
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
Nov 30, 2021
—
Stephco INC
—
Deed
related
$1,700,000 · Central Trust Bank
Jun 21, 2021
—
Stephco INC
—
Deed
related
$900,000 · Communityamerica Cu
Jun 4, 2015
—
Stephco INC
Kaplan James H Trust
Warranty Deed
$788,265 · Kaplan James H Trust (pt)
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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