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Property profile & analytics
OFF-MARKET
Estimated value
$510,000
Auto shops
1501 Main St Kansas City, MO 64108-1306
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US48-3303067
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1960
Construction
WOOD
Total area
4,960 SF
Lot
0.39 ac (16,988 SF)
Zoning code
C4
APN
29-230-28-02
UPID
US48-3303067
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
-
Murcielago Party Bus Limousine Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$345k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$676k
Blend (final)
Blend
$510k
Owner & transaction history
1501 Kc Main Street LLC · 4 yrs held
1501 Kc Main Street LLC
since 2022
7 recorded transactions
Zoning & alternative use
C4 · Kansas City, MO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$575,000
+35.7%
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
$345,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$425,000
Current use
RETAIL STORES
$575,000
Change: +36% · Conversion: Difficult
OFFICE BUILDING
$420,000
Change: -1% · Conversion: Difficult
COMMERCIAL (GENERAL)
$410,000
Change: -4% · Conversion: Moderate
Blend value · Realmo final
$510k
Range $459k – $561k · ±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
$103 / 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
$42,943
Tax year 2024
Assessed value
$464,000
Assessed 2024
Previous assessed
$464,000
+0.0% YoY
Effective rate
9.25%
On assessed value
Assessed land
$373,920
Assessed improvement
$90,080
Total market value
$1,450,000
Applied tax rate
1.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1960
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Total area
4,960 SF
Lot
0.39 ac (16,988 SF)
Zoning code
C4
APN
29-230-28-02
UPID
US48-3303067
Jurisdiction
JACKSON
Zoning & alternative use
C4 · Kansas City, MO
Zoning C4 · permitted uses
C4 · Kansas City, MO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Kansas City. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$425,000
RETAIL STORES
Est. value
$575,000
OFFICE BUILDING
Est. value
$420,000
COMMERCIAL (GENERAL)
Est. value
$410,000
AUTO REPAIR, GARAGE Current
RETAIL STORES
OFFICE BUILDING
COMMERCIAL (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
1960
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
0.39 ac
Current owner
From public records · entity-resolved
1501 Kc Main Street LLC
Entity
Mailing address
601 E PRATT ST FL, BALTIMORE, MD 21202-3124
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 21, 2022
—
1501 Kc Main Street LLC
1501 Kcmo LLC
Special Warranty Deed
—
Jul 20, 2018
—
1501 Kcmo LLC
Calverts Express R/e Co LLC
Grant Deed
related
—
Feb 29, 2016
—
Calverts Express R & E Co LLC
Calvert,gary C & Lisa G
Quit Claim Deed
related
—
Feb 16, 2011
—
Gary C Calvert
1501 Main LLC
Warranty Deed
$1,000,000 · Hawthorn Bank
Mar 5, 2007
—
1501 Main LLC
Grogger Ann Trust
Grant Deed
$1,150,000 · Citizens Union St Bank & Trust
—
—
1501 Main LLC
—
Deed Of Trust
related
$1,268,200 · Hawthorn Bank
—
—
1501 Main LLC
—
Deed Of Trust
related
$1,305,199 · Hawthorn 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.
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