New search
Property profile & analytics
OFF-MARKET
Estimated value
$655,000
Outlet malls
1523 Oak St, Kansas City, MO 64108-1424
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US48-0174126
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
1890
Construction
WOOD
Total area
4,606 SF
Lot
0.2 ac (8,712 SF)
Zoning code
M1
APN
29-240-20-16
UPID
US48-0174126
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
-
Your Kansas City Locksmith Locksmith
-
Royal Building LLC General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$665k
Comparable Approach
Comparable
$642k
Blend (final)
Blend
$655k
Owner & transaction history
Royal Building LLC · 6 yrs held
Royal Building LLC
since 2019
7 recorded transactions
Zoning & alternative use
M1 · Kansas City, MO
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%
$720,000
6.5%
$665,000
7%
$620,000
Blend value · Realmo final
$655k
Range $590k – $721k · ±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
$142 / 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
$16,919
Tax year 2024
Assessed value
$182,816
Assessed 2024
Previous assessed
$182,816
+0.0% YoY
Effective rate
9.25%
On assessed value
Assessed land
$131,456
Assessed improvement
$51,360
Total market value
$571,300
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
1890
Construction
WOOD
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Total area
4,606 SF
Lot
0.2 ac (8,712 SF)
Zoning code
M1
APN
29-240-20-16
UPID
US48-0174126
Jurisdiction
JACKSON
Zoning & alternative use
M1 · Kansas City, MO
Zoning M1 · permitted uses
M1 · 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.
Building & site characteristics
From public records
Year built
1890
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
0.2 ac
Current owner
From public records · entity-resolved
Royal Building LLC
Entity
Mailing address
8334 SE TAYLOR CT, PORTLAND, OR 97216-1209
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 13, 2022
—
The Royal Building LLC
—
Deed
related
$1,560,000 · Cs Bank
Dec 4, 2019
—
Royal Building LLC
—
Deed
related
$100,000 · Kenneth J & Tara K Snook
Aug 13, 2019
—
Royal Building LLC
Centerfield Asset Prop LLC
Warranty Deed
$1,384,000 · Cornerstone Bk
Nov 17, 2017
—
Centerfield Asset Prop LLC
—
Deed
related
$241,514 · Vision Bk
Sep 11, 2017
—
Centerfield Asset Prop LLC
1523 Oak LLC
Warranty Deed
related
—
May 22, 2007
—
1523 Oak LLC
Jm 1523 Oak LLC
Quit Claim Deed
related
$23,713 · United Bank Ks
Jun 26, 2006
—
1523 Oak LLC
Migliazzo,paul
Quit Claim Deed
related
—
—
—
1523 Oak LLC
—
Loan Modification
related
$29,545 · United Bk/ks
—
—
Royal Building LLC
—
Deed Of Trust
related
$250,000 · Robert G Oswald
—
—
1523 Oak LLC
—
Deed Of Trust
related
$89,427 · United Bank Ks
—
—
Royal Building LLC
—
Deed Of Trust
related
$100,000 · Kenneth J & Tara K Snook
—
—
1523 Oak LLC
—
Loan Modification
related
$229,194 · Morrill & Janes Bank
—
—
1523 Oak LLC
—
Loan Modification
related
$259,194 · Morrill & Janes Bk
—
—
Centerfield Asset Prop LLC
—
Deed Of Trust
related
$241,514 · Vision Bk
—
—
1523 Oak LLC
—
Deed Of Trust
related
$75,514 · United Bank Of Kansas
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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