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Property profile & analytics
OFF-MARKET
Auto shops
1603 Broadway, Oak Grove, MO 64075-9388
Entity Owned
21-yr Hold
Absentee Owner
Free & Clear
Property ID
US48-0512166
Property summary
AI-generated overview
This exceptional 5.62-acre commercial land parcel presents a remarkable investment opportunity in the heart of Oak Grove, Missouri. Located at 1603 S. Broadway, this property boasts outstanding visibility and is ideally situated near several established businesses, including Sonic, Casey's, Dollar General, and O'Reilly Auto Parts. Its central Oak Grove location ensures high traffic volume and excellent exposure for any commercial venture. The property's zoning allows for potential subdivision, offering flexibility for developers or businesses seeking to expand. The asking price is $795,000. This is a rare opportunity to acquire a significant commercial land holding in a thriving Missouri community. The property is being offered for sale as an owner/user opportunity, presenting a unique chance to build or expand your business in a prime location. The address is 1603 S Broadway, Oak Grove, MO 64075, within Jackson County. The property's size and location make it suitable for a variety of commercial uses. Serious inquiries are encouraged.
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1967
Construction
WOOD
Total area
1,232 SF
Lot
5.62 ac (244,807 SF)
APN
39-120-10-07
UPID
US48-0512166
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
-
L&H Auto Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Deblase Family LLC · 21 yrs held
Deblase Family LLC
since 2005
2 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 Oak Grove submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oak Grove 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$9,824
Tax year 2024
Assessed value
$107,584
Assessed 2024
Previous assessed
$107,584
+0.0% YoY
Effective rate
9.13%
On assessed value
Assessed land
$93,760
Assessed improvement
$13,824
Total market value
$336,200
Applied tax rate
66.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1967
Construction
WOOD
Heating
YES
Buildings
2
Stories
1
Total area
1,232 SF
Lot
5.62 ac (244,807 SF)
APN
39-120-10-07
UPID
US48-0512166
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
1967
Construction
WOOD
Heating
YES
Stories
1
Buildings
2
Lot
5.62 ac
Current owner
From public records · entity-resolved
Deblase Family LLC
Entity
Free & Clear · 21 yrs held
Mailing address
2131 W 116TH ST, LEAWOOD, KS 66211-2954
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 21, 2025
—
Lakhvinder Singh
—
Deed
related
$514,500 · Bank Of Odessa
Jun 6, 2005
—
Deblase Family LLC
Deblase,joseph C & Mary F
Quit Claim Deed
related
—
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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