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Property profile & analytics
OFF-MARKET
Estimated value
$530,000
Warehouses
17202 Midland Dr Shawnee, KS 66217-8901
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US33-0471895
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2006
Construction
CONCRETE
Total area
7,970 SF
Lot
0.85 ac (36,860 SF)
Zoning code
PUDOC
APN
QP44250000 0005
UPID
US33-0471895
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
$590k
CAP Approach
CAP
$460k
Comparable Approach
Comparable
$545k
Blend (final)
Blend
$530k
Owner & transaction history
S T Holding Company LLC · 7 yrs held
S T Holding Company LLC
since 2018
1 recorded transaction
Zoning & alternative use
PUDOC · Shawnee, KS
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$650,000
+91.1%
Auto repair, garage
$605,000
+78.7%
Neighborhood: shopping center
$535,000
+58.1%
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 Shawnee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Shawnee 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
$590,000
CAP Approach
CAP Return
Estimation
6%
$500,000
6.5%
$460,000
7%
$430,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$340,000
Current use
RETAIL STORES
$650,000
Change: +91% · Conversion: Moderate
AUTO REPAIR, GARAGE
$605,000
Change: +79% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$535,000
Change: +58% · Conversion: Moderate
COMMERCIAL (GENERAL)
$425,000
Change: +26% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$365,000
Change: +7% · Conversion: Difficult
Blend value · Realmo final
$530k
Range $477k – $583k · ±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
$66 / 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
$38,265
Tax year 2023
Assessed value
$348,750
Assessed 2023
Previous assessed
$338,250
+3.1% YoY
Effective rate
10.97%
On assessed value
Assessed land
$92,150
Assessed improvement
$256,600
Land market value
$368,600
Improvement market value
$1,026,400
Total market value
$1,395,000
Applied tax rate
626.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2006
Construction
CONCRETE
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Total area
7,970 SF
Lot
0.85 ac (36,860 SF)
Zoning code
PUDOC
APN
QP44250000 0005
UPID
US33-0471895
Jurisdiction
JOHNSON
Zoning & alternative use
PUDOC · Shawnee, KS
Zoning PUDOC · permitted uses
PUDOC · Shawnee, KS
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Shawnee. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$340,000
RETAIL STORES
Est. value
$650,000
AUTO REPAIR, GARAGE
Est. value
$605,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$535,000
COMMERCIAL (GENERAL)
Est. value
$425,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$365,000
WAREHOUSE, STORAGE Current
RETAIL STORES
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
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
2006
Construction
CONCRETE
Heating
YES
Cooling
Yes
Stories
1
Lot
0.85 ac
Current owner
From public records · entity-resolved
S T Holding Company LLC
Entity
Mailing address
9245 W 53RD ST, MERRIAM, KS 66203-2111
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
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
Aug 27, 2018
—
S T Holding Company LLC
—
Deed
related
$1,023,687 · The First State Bank & Trust Co Larned
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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