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Property profile & analytics
OFF-MARKET
Estimated value
$625,000
Auto shops
15050 135th St Olathe, KS 66062-1599
Entity Owned
5-yr Hold
Free & Clear
Property ID
US33-0712671
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1999
Construction
CONCRETE BLOCKS
Total area
7,844 SF
Lot
1.04 ac (45,302 SF)
Zoning code
CP2
APN
DP04210000 0003
UPID
US33-0712671
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
-
Firestone Complete Auto Care (Bike/Boat/Book/etc) Store Auto Parts Store
-
Bridgestone (Bike/Boat/Book/etc) Store Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$610k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$641k
Blend (final)
Blend
$625k
Owner & transaction history
Olathe Ks LLC · 5 yrs held
Olathe Ks LLC
since 2020
5 recorded transactions
Zoning & alternative use
CP2 · Olathe, KS
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$540,000
+3.6%
Commercial (general)
$530,000
+1.5%
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 Olathe submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Olathe 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
$610,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$520,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$540,000
Change: +4% · Conversion: Difficult
COMMERCIAL (GENERAL)
$530,000
Change: +2% · Conversion: Moderate
RETAIL STORES
$460,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$625k
Range $563k – $688k · ±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
$80 / 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
$78,343
Tax year 2023
Assessed value
$669,501
Assessed 2023
Previous assessed
$669,501
+0.0% YoY
Effective rate
11.70%
On assessed value
Assessed land
$147,553
Assessed improvement
$521,948
Land market value
$590,210
Improvement market value
$2,087,790
Total market value
$2,678,000
Applied tax rate
614.0000
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
1999
Construction
CONCRETE BLOCKS
Heating
SPACE
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
7,844 SF
Lot
1.04 ac (45,302 SF)
Zoning code
CP2
APN
DP04210000 0003
UPID
US33-0712671
Jurisdiction
JOHNSON
Zoning & alternative use
CP2 · Olathe, KS
Zoning CP2 · permitted uses
CP2 · Olathe, KS
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Olathe. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$520,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$540,000
COMMERCIAL (GENERAL)
Est. value
$530,000
RETAIL STORES
Est. value
$460,000
AUTO REPAIR, GARAGE Current
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (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
1999
Construction
CONCRETE BLOCKS
Heating
SPACE
Cooling
Yes
Stories
1
Units
1
Lot
1.04 ac
Current owner
From public records · entity-resolved
Olathe Ks LLC
Entity
Free & Clear · 5 yrs held
Mailing address
200 4TH AVE S, NASHVILLE, TN 37201-2208
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 16, 2020
—
Olathe Ks LLC
Cheryl A Casement
Deed
—
Jun 24, 2019
—
Mpt Of St Luke S Olathe LLC
Th Olathe Ks 1 Ut LLC
Special Warranty Deed
—
Mar 27, 2017
—
Ks 1 Ut LLC
Tkrk LLC
Special Warranty Deed
$9,334,214 · Union Bank & Trust Co
Jun 25, 2014
—
Bridgestone Retail Operations LLC
Smbc Leasing And Finance INC
Warranty Deed
—
Oct 11, 2011
—
Legacy LLC
Federal National Mortgage Associati
Special 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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