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Property profile & analytics
OFF-MARKET
Estimated value
$865,000
Warehouses
16250 Foster St Overland Park, KS 66085-8418
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US33-0701266
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2004
Construction
CONCRETE
Total area
5,888 SF
Lot
0.62 ac (27,210 SF)
Zoning code
BP
APN
NP04310000 0006
UPID
US33-0701266
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
by Request
CAP Approach
CAP
$780k
Comparable Approach
Comparable
$947k
Blend (final)
Blend
$865k
Owner & transaction history
Pos Ventures LLC · 2 yrs held
Pos Ventures LLC
since 2023
3 recorded transactions
Zoning & alternative use
BP · Overland Park, KS
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
and CP-3 Planned Commercial District 18.280.010 Statement of Intent 18.280.020 Permitted Uses 18.280.030 Height and Area Regulations 18.280.040 Parking Regulations 18.280.050 Development and Performance Standards 18.290 BP Business Park District 18.290.010 Statement of Intent 18.290.020 Permitted Uses 18.290.030 Height and Area Regulations 18.290.040 Parking…
Zone name
Business Park
General category
INDUSTRIAL
Zone area
238.70 ac
Source
doc view
Top alternative use upside
Restaurant
$1.0M
+58.6%
Office building
$750,000
+16.4%
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 Overland Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Overland Park 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%
$845,000
6.5%
$780,000
7%
$725,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$645,000
Current use
RESTAURANT
$1,020,000
Change: +59% · Conversion: Difficult
OFFICE BUILDING
$750,000
Change: +16% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$560,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$865k
Range $779k – $952k · ±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
$147 / 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
$19,508
Tax year 2023
Assessed value
$180,750
Assessed 2023
Previous assessed
$180,750
+0.0% YoY
Effective rate
10.79%
On assessed value
Assessed land
$20,400
Assessed improvement
$160,350
Land market value
$81,600
Improvement market value
$641,400
Total market value
$723,000
Applied tax rate
666.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2004
Construction
CONCRETE
Heating
SPACE
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
5,888 SF
Lot
0.62 ac (27,210 SF)
Zoning code
BP
APN
NP04310000 0006
UPID
US33-0701266
Jurisdiction
JOHNSON
Zoning & alternative use
BP · Overland Park, KSZoning BP · permitted uses
BP · Overland Park, KS
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
and CP-3 Planned Commercial District 18.280.010 Statement of Intent 18.280.020 Permitted Uses 18.280.030 Height and Area Regulations 18.280.040 Parking Regulations 18.280.050 Development and Performance Standards 18.290 BP Business Park District 18.290.010 Statement of Intent 18.290.020 Permitted Uses 18.290.030 Height and Area Regulations 18.290.040 Parking and Loading Regulations 18.290.050 Development and Performance Standards 18.300 M
Zone name
Business Park
General category
INDUSTRIAL
Zone area
238.70 ac
Source
doc view
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$645,000
RESTAURANT
Est. value
$1.0M
OFFICE BUILDING
Est. value
$750,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$560,000
WAREHOUSE, STORAGE Current
RESTAURANT
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
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
2004
Construction
CONCRETE
Heating
SPACE
Cooling
Yes
Stories
1
Units
1
Lot
0.62 ac
Current owner
From public records · entity-resolved
Pos Ventures LLC
Entity
Mailing address
6770 W 187TH ST, STILWELL, KS 66085-8473
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 20, 2023
—
Pos Ventures LLC
Rapp LLC
Special Warranty Deed
$660,000 · Lead Bank
May 14, 2020
—
Rappp LLC
—
Deed
related
$640,000 · Bank Of Blue Valley
Feb 1, 2005
—
Rapp L L C
161st & Foster L L C
Warranty Deed
$484,000 · Premier 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.
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