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Property profile & analytics
FOR LEASE
Warehouses
1504 N Topping Ave, Kansas City, MO 64120
Entity Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US48-3319655
For Lease
1 / 5
$5 SF/Yr
1504 N Topping Ave, Kansas City, MO 64120
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1979
Construction
WOOD
Total area
25,004 SF
Lot
11 ac (479,160 SF)
APN
13-200-04-41
UPID
US48-3319655
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
$3.80M
Comparable Approach
Comparable
$1.98M
Blend (final)
Blend
$2.88M
Owner & transaction history
Sealy Topping Ave LLC · 6 yrs held
Sealy Topping Ave LLC
since 2020
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 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
by Request
CAP Approach
CAP Return
Estimation
6%
$4,115,000
6.5%
$3,795,000
7%
$3,525,000
Blend value · Realmo final
$2.88M
Range $2.59M – $3.17M · ±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
$115 / 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
$181,396
Tax year 2024
Assessed value
$1,960,000
Assessed 2024
Previous assessed
$1,960,000
+0.0% YoY
Effective rate
9.25%
On assessed value
Assessed land
$748,800
Assessed improvement
$1,211,200
Total market value
$6,125,000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
For Lease
Year built
1979
Construction
WOOD
Heating
YES
Buildings
5
Stories
1
Total area
25,004 SF
Lot
11 ac (479,160 SF)
APN
13-200-04-41
UPID
US48-3319655
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
1979
Construction
WOOD
Heating
YES
Stories
1
Buildings
5
Lot
11 ac
Current owner
From public records · entity-resolved
Sealy Topping Ave LLC
Entity
Free & Clear · 6 yrs held
Mailing address
8401 N CENTRAL EXPY STE #150, DALLAS, TX 75225-4404
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
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
Apr 24, 2020
—
Sealy Topping Ave LLC
Kcrm LLC
Grant Deed
related
—
Aug 25, 2017
—
1119 Grand Parking LLC
Wst INC
Grant Deed
related
—
Mar 28, 2017
—
Kcrm LLC
Block Income Fund III LP
Grant Deed
related
—
Nov 25, 2014
—
Block Income Fund III LP
—
Grant Deed
related
$6,000,000 · Enterprise Bk
Sep 14, 2007
—
Block Income Fund III
Rivergate Associates LLC
Grant Deed
related
$4,229,955 · Miscellaneous Ins Co
Aug 29, 2006
—
Cobalt Industrial Reit
Realty Associates Fund V
Grant Deed
$41,950,000 · Reliastar Life Insurance Co
Nov 22, 2004
—
Prom Motor Hotel INC
Realty Associates Fund III
Grant Deed
$4,450,000 · Nationwide Life Insurance Co
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
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