New search
Property profile & analytics
OFF-MARKET
Estimated value
$795,000
Industrial properties
1550 Market St, Lees Summit, MO 64081-3113
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US48-0480941
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL LOFT BUILDING
Year built
1997
Construction
METAL FRAME
Total area
6,050 SF
Lot
1.4 ac (60,984 SF)
APN
61-800-22-23
UPID
US48-0480941
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
-
Summit Hill Insurance, LLC Insurance Agency
-
Viewpoint Residential Design, LLC Architect
-
Pfeifer-King Building Corporation Construction Company
-
The M Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$815k
Comparable Approach
Comparable
$772k
Blend (final)
Blend
$795k
Owner & transaction history
Pfeifer Homes INC · 5 yrs held
Pfeifer Homes INC
since 2021
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.1M
+33.3%
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 Lees Summit submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lees Summit 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%
$885,000
6.5%
$815,000
7%
$760,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$805,000
Current use
COMMERCIAL (GENERAL)
$1,075,000
Change: +33% · Conversion: Difficult
OFFICE BUILDING
$725,000
Change: -10% · Conversion: Difficult
WAREHOUSE, STORAGE
$715,000
Change: -11% · Conversion: Easy
RESTAURANT
$695,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$795k
Range $716k – $875k · ±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
$131 / 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
$25,989
Tax year 2024
Assessed value
$302,016
Assessed 2024
Previous assessed
$302,016
+0.0% YoY
Effective rate
8.61%
On assessed value
Assessed land
$93,408
Assessed improvement
$208,608
Total market value
$943,800
Applied tax rate
49.0000
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
Industrial properties
Use group
INDUSTRIAL LOFT BUILDING
Status
Off-Market
Year built
1997
Construction
METAL FRAME
Heating
YES
Cooling
AC.PACKAGE
Buildings
2
Stories
1
Total area
6,050 SF
Lot
1.4 ac (60,984 SF)
APN
61-800-22-23
UPID
US48-0480941
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
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$805,000
COMMERCIAL (GENERAL)
Est. value
$1.1M
OFFICE BUILDING
Est. value
$725,000
WAREHOUSE, STORAGE
Est. value
$715,000
RESTAURANT
Est. value
$695,000
INDUSTRIAL (GENERAL) Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
WAREHOUSE, STORAGE
RESTAURANT
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
1997
Construction
METAL FRAME
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Lot
1.4 ac
Current owner
From public records · entity-resolved
Pfeifer Homes INC
Entity
Mailing address
1550 SW MARKET ST STE #210, LEES SUMMIT, MO 64081-3132
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
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 27, 2021
—
Pfeifer Homes INC
Clayton Properties Group INC
Warranty Deed
$89,962 · Central Bk/midwest
Oct 12, 2020
—
Pfeifer Homes INC
Winterset 6 LLC
Warranty Deed
related
—
Jan 29, 2004
—
Pfeiffer King Building Corp
Gale Communities INC
Grant Deed
$58,950 · Gale Communities INC
Jul 17, 2001
—
Southmarket Development LLC
—
Trustees Deed
related
$680,000 · Union Bank
Feb 14, 2000
—
Pfeiffer King Building Corp
Becker,edwin A & Jacqueline A
Grant Deed
$195,000 · North American Savings Bank
Mar 26, 1999
—
Pfeifer King Building Corp
Winterset Park INC
Grant Deed
$192,000 · Heartland Bank
—
—
Southmarket Developers LLC
—
Deed Of Trust
related
$100,000 · Heartland 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1550 Market St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
