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Property profile & analytics
OFF-MARKET
Estimated value
$300,000
Specialty properties
1412 Market St Lees Summit, MO 64081-3170
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US48-3218794
Property profile
Verified
Property type
Specialty properties
Use group
VETERINARY, ANIMAL HOSPITAL
Year built
1997
Construction
METAL FRAME
Total area
6,120 SF
Lot
0.99 ac (43,124 SF)
APN
61-800-22-37
UPID
US48-3218794
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
-
Southport Animal Hospital Veterinary Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$300k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$300k
Owner & transaction history
Placke Properties LLC · 7 yrs held
Placke Properties LLC
since 2019
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
$300,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$300k
Range $270k – $330k · ±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
$49 / 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
$16,852
Tax year 2024
Assessed value
$195,840
Assessed 2024
Previous assessed
$228,416
-14.3% YoY
Effective rate
8.60%
On assessed value
Assessed land
$192,000
Assessed improvement
$3,840
Total market value
$612,000
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
Specialty properties
Use group
VETERINARY, ANIMAL HOSPITAL
Status
Off-Market
Year built
1997
Construction
METAL FRAME
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Total area
6,120 SF
Lot
0.99 ac (43,124 SF)
APN
61-800-22-37
UPID
US48-3218794
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
1997
Construction
METAL FRAME
Heating
YES
Cooling
Yes
Stories
1
Lot
0.99 ac
Current owner
From public records · entity-resolved
Placke Properties LLC
Entity
Mailing address
3820 SW WARD RD, LEES SUMMIT, MO 64082-3503
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 22, 2021
—
Placke Properties LLC
—
Deed
related
$742,493 · Commerce Bank
Sep 30, 2019
—
Placke Properties LLC
—
Deed
related
$960,000 · First Busn Bk
Jul 15, 2019
—
Placke Properties LLC
Specialty Holdings LLC
Warranty Deed
$643,678 · First Busn Bk
Oct 8, 2008
—
Specialty Holdings LLC
Davenport,david D
Grant Deed
related
$800,000 · Hawthorn Bk
Sep 1, 2005
—
David D Davenport
Southport Holdings INC
Warranty Deed
$680,000 · Bank Of Belton
—
—
Specialty Holdings LLC
—
Deed Of Trust
related
$1,312,500 · Midwest Reg'l Bk
—
—
Placke Properties LLC
—
Loan Modification
related
$960,000 · First Busn Bk
—
—
David Davenport
—
Deed Of Trust
related
$871,000 · Ironstone Bank
—
—
David D Davenport
—
Deed Of Trust
related
$250,601 · Bank Of Belton
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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