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Property profile & analytics
OFF-MARKET
Estimated value
$1,410,000
Distribution centers
15201 101st Ter Lenexa, KS 66219-1458
Entity Owned
19-yr Hold
~
Est. High Equity
Property ID
US33-0514067
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2007
Construction
CONCRETE
Total area
57,005 SF
Lot
4.7 ac (204,732 SF)
Zoning code
BP-2
APN
IP33920000 0005
UPID
US33-0514067
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
$1.44M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.39M
Blend (final)
Blend
$1.41M
Owner & transaction history
American Metals Supply Properties L · 19 yrs held
American Metals Supply Properties L
since 2006
1 recorded transaction
Zoning & alternative use
BP-2 · Lenexa, KS
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
ommercial District CP-2 Planned Community Commercial District CP-3 Planned Regional Commercial District CP-4 Planned Service Commercial District HBD Planned Historic Business District BP-1 Planned Business Park District BP-2 Planned Manufacturing District Special Purpose Districts PUD Planned Unit Development District BP-S Planned Business Park Subsurface Di…
Zone name
Planned Manufacturing District
General category
INDUSTRIAL
Zone area
2,843.09 ac
Source
development guide
Top alternative use upside
Industrial (general)
$2.0M
+25.1%
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 Lenexa submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lenexa 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
$1,435,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,560,000
Current use
INDUSTRIAL (GENERAL)
$1,950,000
Change: +25% · Conversion: Easy
Blend value · Realmo final
$1.41M
Range $1.27M – $1.55M · ±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
$25 / 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
$122,761
Tax year 2023
Assessed value
$1,045,750
Assessed 2023
Previous assessed
$1,350,750
-22.6% YoY
Effective rate
11.74%
On assessed value
Assessed land
$179,060
Assessed improvement
$866,690
Land market value
$716,240
Improvement market value
$3,466,760
Total market value
$4,183,000
Applied tax rate
604.0000
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
2007
Construction
CONCRETE
Heating
SPACE
Cooling
AC.PACKAGE
Stories
1
Total area
57,005 SF
Lot
4.7 ac (204,732 SF)
Zoning code
BP-2
APN
IP33920000 0005
UPID
US33-0514067
Jurisdiction
JOHNSON
Zoning & alternative use
BP-2 · Lenexa, KSZoning BP-2 · permitted uses
BP-2 · Lenexa, KS
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
ommercial District CP-2 Planned Community Commercial District CP-3 Planned Regional Commercial District CP-4 Planned Service Commercial District HBD Planned Historic Business District BP-1 Planned Business Park District BP-2 Planned Manufacturing District Special Purpose Districts PUD Planned Unit Development District BP-S Planned Business Park Subsurface District CC Planned City Center District PMU Planned Mixed Use District Permitted uses
Zone name
Planned Manufacturing District
General category
INDUSTRIAL
Zone area
2,843.09 ac
Source
development guide
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$1.6M
INDUSTRIAL (GENERAL)
Est. value
$2.0M
WAREHOUSE, STORAGE Current
INDUSTRIAL (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
2007
Construction
CONCRETE
Heating
SPACE
Cooling
Yes
Stories
1
Lot
4.7 ac
Current owner
From public records · entity-resolved
American Metals Supply Properties L
Entity
Mailing address
1195 HORAN DR, FENTON, MO 63026-1919
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 5, 2006
—
American Metals Supply Properties L
Oddo Development Co INC
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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