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Property profile & analytics
OFF-MARKET
Estimated value
$575,000
Warehouses
1406 Broadway St, Grain Valley, MO 64029-7801
Individually Owned
12-yr Hold
Absentee Owner
Free & Clear
Property ID
US48-1268408
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2019
Total area
6,300 SF
Lot
0.35 ac (15,246 SF)
APN
36-740-03-20
UPID
US48-1268408
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
$585k
Blend (final)
Blend
$575k
Owner & transaction history
Levi S Robertson · 12 yrs held
Levi S Robertson
since 2014
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$955,000
+135.9%
Apartment house (5+ units)
$860,000
+113.1%
Restaurant
$830,000
+105.5%
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 Grain Valley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Grain Valley 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
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$405,000
Current use
COMMERCIAL (GENERAL)
$955,000
Change: +136% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$860,000
Change: +113% · Conversion: Difficult
RESTAURANT
$830,000
Change: +105% · Conversion: Difficult
OFFICE BUILDING
$765,000
Change: +89% · Conversion: Difficult
AUTO REPAIR, GARAGE
$565,000
Change: +40% · Conversion: Easy
RETAIL STORES
$550,000
Change: +36% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$435,000
Change: +7% · Conversion: Easy
Blend value · Realmo final
$575k
Range $518k – $633k · ±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
$91 / 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
$15,923
Tax year 2024
Assessed value
$170,016
Assessed 2024
Previous assessed
$170,016
+0.0% YoY
Effective rate
9.37%
On assessed value
Assessed land
$20,000
Assessed improvement
$150,016
Total market value
$531,300
Applied tax rate
45.0000
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
2019
Heating
NONE
Stories
1
Total area
6,300 SF
Lot
0.35 ac (15,246 SF)
APN
36-740-03-20
UPID
US48-1268408
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
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$405,000
COMMERCIAL (GENERAL)
Est. value
$955,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$860,000
RESTAURANT
Est. value
$830,000
OFFICE BUILDING
Est. value
$765,000
AUTO REPAIR, GARAGE
Est. value
$565,000
RETAIL STORES
Est. value
$550,000
INDUSTRIAL (GENERAL)
Est. value
$435,000
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
RESTAURANT
OFFICE BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
INDUSTRIAL (GENERAL)
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
2019
Heating
NONE
Stories
1
Lot
0.35 ac
Current owner
From public records · entity-resolved
Levi S Robertson
Individual
Free & Clear · 12 yrs held
Mailing address
715 SW SHORTHORN DR, GRAIN VALLEY, MO 64029-8433
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 4, 2019
—
Levy S Robertson
—
Deed
related
$280,000 · America's Cmnty Bk
Mar 31, 2014
—
Levi S Robertson
Arvest Bannister Realty Co
Grant Deed
related
—
Dec 21, 2010
$345,800
Bannister Realty Co INC
South & Associates PC
Trustees Deed
—
Nov 1, 2006
—
S & T Ents Commercial Div LLC
Barnhart Dev Group LLC
Warranty Deed
$905,000 · Union Bk
Jul 29, 2005
—
Barnhart Dev Group LLC
Gildehaus,steven W & Debra K
Warranty Deed
$1,820,500 · Hillcrest Bank
—
—
Levy S Robertson
—
Deed Of Trust
related
$280,000 · America's Cmnty 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.
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