New search
Property profile & analytics
OFF-MARKET
Estimated value
$525,000
Office buildings
14400 42nd S St, Independence, MO 64055-4755
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US48-0395589
Property summary
AI-generated overview
This exceptional executive office building, located at 14400 E 42nd St S in Independence, Missouri, offers a variety of flexible suite options for lease. Situated on a 0.88-acre lot in Jackson County, this 13,528 square foot building was constructed in 1987 and provides ample parking with 60 stalls. Currently, there is 11,168 square feet of vacant space available, perfect for businesses seeking immediate occupancy. The building allows for multiple tenancies, with individual suites ranging from a minimum of 1,311 square feet to a maximum contiguous space of 4,093 square feet. This presents an excellent opportunity for businesses of various sizes to establish a presence in a well-maintained building in a convenient location. The property's zip code is 64055. The building's modern design and ample parking make it an attractive option for companies seeking a professional and efficient workspace. This is a rare opportunity to secure high-quality office space in a desirable location. Contact us today to schedule a viewing and discuss your specific needs.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1987
Construction
WOOD
Total area
6,647 SF
Lot
0.99 ac (43,124 SF)
APN
33-240-09-16
UPID
US48-0395589
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
-
Mother's Refuge Charitable Organization Social Service Agency
-
Mo Kan Insurance Services Insurance Agency
-
FedEx Drop Box Postal Service Courier Service
-
NHI General Adjusters Small Claims Assistance Service
-
Secured Asset Management, LLC Property Management Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$365k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$686k
Blend (final)
Blend
$525k
Owner & transaction history
Starbright Holdings LLC · 1 yrs held
Starbright Holdings LLC
since 2025
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$810,000
+7.8%
Restaurant
$765,000
+1.8%
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 Independence submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Independence 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
$365,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$750,000
Current use
AUTO REPAIR, GARAGE
$810,000
Change: +8% · Conversion: Difficult
RESTAURANT
$765,000
Change: +2% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$655,000
Change: -13% · Conversion: Difficult
RETAIL STORES
$645,000
Change: -14% · Conversion: Moderate
Blend value · Realmo final
$525k
Range $473k – $578k · ±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
$79 / 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
$19,698
Tax year 2024
Assessed value
$240,000
Assessed 2024
Previous assessed
$240,000
+0.0% YoY
Effective rate
8.21%
On assessed value
Assessed land
$114,880
Assessed improvement
$125,120
Total market value
$750,000
Applied tax rate
9.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1987
Construction
WOOD
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Total area
6,647 SF
Lot
0.99 ac (43,124 SF)
APN
33-240-09-16
UPID
US48-0395589
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
OFFICE BUILDING Current
Est. value
$750,000
AUTO REPAIR, GARAGE
Est. value
$810,000
RESTAURANT
Est. value
$765,000
INDUSTRIAL (GENERAL)
Est. value
$655,000
RETAIL STORES
Est. value
$645,000
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
RESTAURANT
INDUSTRIAL (GENERAL)
RETAIL STORES
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
1987
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
0.99 ac
Current owner
From public records · entity-resolved
Starbright Holdings LLC
Entity
Mailing address
14400 E 42ND ST S STE #110, INDEPENDENCE, MO 64055-4854
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
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
Jun 23, 2025
—
Starbright Holdings LLC
Collective Assets LLC
Warranty Deed
$1,344,489 · Commerce Bank
Mar 14, 2022
—
Collective Assets LLC
Fonteinstad 3 LLC
Warranty Deed
$750,000 · Boswachter LLC
Jun 14, 2019
—
Wnqe Independence Vi LLC
—
Loan Modification
related
$65,899,075 · Aareal Cap
Oct 6, 2011
—
Fonteinstad 3 LLC
Realty Aq LLC
Warranty Deed
$454,000 · Adams Dairy Bank
Mar 31, 2011
$377,351
Realty Aq LLC
Singer Corp
Trustees Deed
—
Sep 25, 2003
—
Woodsting Properties LLC
Ohio National Life Ins Co
Grant Deed
$960,000 · Gold Bank NA
—
—
Woodsting Properties LLC
—
Deed Of Trust
related
$1,200,000 · Us Bank NA
—
—
Fonteinstad 3 LLC
—
Deed Of Trust
related
$500,000 · Adams Dairy Bank
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 14400 42nd S St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
