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Property profile & analytics
OFF-MARKET
Estimated value
$800,000
Garden apartment buildings
15003 69th St Shawnee, KS 66216-2285
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US33-0678370
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
2003
Construction
CONCRETE BLOCKS
Total area
26,064 SF
Lot
3.89 ac (169,448 SF)
Zoning code
PUDMR
APN
QP55240000 0006
UPID
US33-0678370
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
$860k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$737k
Blend (final)
Blend
$800k
Owner & transaction history
Mc Properties One LLC · 1 yrs held
Mc Properties One LLC
since 2024
6 recorded transactions
Zoning & alternative use
PUDMR · Shawnee, KS
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 Shawnee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Shawnee 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
$860,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,190,000
Current use
WAREHOUSE, STORAGE
$1,110,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$800k
Range $720k – $880k · ±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
$31 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$42,339
Tax year 2023
Assessed value
$373,405
Assessed 2023
Previous assessed
$373,405
+0.0% YoY
Effective rate
11.34%
On assessed value
Assessed land
$73,099
Assessed improvement
$300,306
Land market value
$635,640
Improvement market value
$2,611,360
Total market value
$3,247,000
Applied tax rate
626.0000
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
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
2003
Construction
CONCRETE BLOCKS
Heating
ELECTRIC
Cooling
AC.PACKAGE
Stories
1
Units
5
Bathrooms
2
Total area
26,064 SF
Lot
3.89 ac (169,448 SF)
Zoning code
PUDMR
APN
QP55240000 0006
UPID
US33-0678370
Jurisdiction
JOHNSON
Zoning & alternative use
PUDMR · Shawnee, KS
Zoning PUDMR · permitted uses
PUDMR · Shawnee, KS
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Shawnee. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$1.2M
WAREHOUSE, STORAGE
Est. value
$1.1M
APARTMENT HOUSE (5+ UNITS) Current
WAREHOUSE, STORAGE
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
2003
Construction
CONCRETE BLOCKS
Heating
ELECTRIC
Cooling
Yes
Stories
1
Units
5
Bathrooms
2
Lot
3.89 ac
Current owner
From public records · entity-resolved
Mc Properties One LLC
Entity
Free & Clear · 1 yrs held
Mailing address
19713 BARSTOW ST SPG HILL
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
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
Oct 7, 2024
—
Mc Properties One LLC
Samantha Capelli
Quit Claim Deed
related
—
Oct 13, 2023
—
Larz G Thompson
Larz G Thompson
Intrafamily Transfer
related
—
Jun 29, 2022
—
Shawnee Pavilions LLC
—
Deed
related
$83,525,000 · Federal National Mortgage Association
Nov 30, 2020
—
Gianni Custom Homes LLC
—
Deed
related
$320,734 · National Bank Of Kansas City
Oct 9, 2020
—
Daniels Homes LLC
Ridge Development LLC
Warranty Deed
$358,000 · Country Club Bank
Apr 16, 2014
—
Joseph A Adamson
Christopher H Leonard
Warranty Deed
—
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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