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Property profile & analytics
OFF-MARKET
Estimated value
$645,000
Automotive properties
1900 Noland Rd Independence, MO 64055-1316
Trust Owned
9-yr Hold
Free & Clear
Property ID
US48-0654608
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1964
Construction
WOOD
Total area
8,050 SF
Lot
2.85 ac (124,146 SF)
APN
26-820-01-05
UPID
US48-0654608
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
-
Landmark Dodge Chrysler Jeep Car Dealership
-
Landmark DCJR Body Shop Auto Repair Shop
-
Landmark DCJR - Dodge Ram Car Dealership
-
Landmark DCJR Service Center Car Rental Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$400k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$894k
Blend (final)
Blend
$645k
Owner & transaction history
Kenneth,stephen Fletcher Rev T Trust · 9 yrs held
Kenneth,stephen Fletcher Rev T Trust
since 2017
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 Independence submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Independence 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
$400,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$980,000
Current use
RESTAURANT
$925,000
Change: -6% · Conversion: Difficult
OFFICE BUILDING
$910,000
Change: -7% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$790,000
Change: -19% · Conversion: Easy
Blend value · Realmo final
$645k
Range $581k – $710k · ±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
$80 / 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
$32,962
Tax year 2024
Assessed value
$401,600
Assessed 2024
Previous assessed
$440,000
-8.7% YoY
Effective rate
8.21%
On assessed value
Assessed land
$270,464
Assessed improvement
$131,136
Total market value
$1,255,000
Applied tax rate
9.0000
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1964
Construction
WOOD
Heating
YES
Cooling
AC.PACKAGE
Buildings
3
Stories
1
Total area
8,050 SF
Lot
2.85 ac (124,146 SF)
APN
26-820-01-05
UPID
US48-0654608
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
AUTO REPAIR, GARAGE Current
Est. value
$980,000
RESTAURANT
Est. value
$925,000
OFFICE BUILDING
Est. value
$910,000
INDUSTRIAL (GENERAL)
Est. value
$790,000
AUTO REPAIR, GARAGE Current
RESTAURANT
OFFICE BUILDING
INDUSTRIAL (GENERAL)
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
1964
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Buildings
3
Lot
2.85 ac
Current owner
From public records · entity-resolved
Kenneth,stephen Fletcher Rev T Trust
Trust
Free & Clear · 9 yrs held
Mailing address
1900 S NOLAND RD, INDEPENDENCE, MO 64055-1316
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
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
Aug 31, 2018
—
Fletcher,kenneth S Trust
—
Grant Deed
related
$2,000,000 · Commerce Bk
Apr 10, 2017
—
Kenneth,stephen Fletcher Rev T Trust
Steve Fletcher Properties LLC
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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