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Property profile & analytics
OFF-MARKET
Estimated value
$915,000
Office buildings
1901 Olathe Blvd Kansas City, KS 66103-3326
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US33-0419168
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1922
Total area
5,283 SF
Lot
0.7 ac (30,361 SF)
APN
97415
UPID
US33-0419168
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
-
LendingStandard Financial Advisor
-
Global Prairie Advertising Agency Marketing & Advertising
-
Rex Animal Health Corporate Office
-
multifamilydebt.com Loan Service Bank
-
H.W. Gates Funeral Home Tour Operator
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$865k
Comparable Approach
Comparable
$972k
Blend (final)
Blend
$915k
Owner & transaction history
Univeristy Of Kansas Hospital Autuo · 3 yrs held
Univeristy Of Kansas Hospital Autuo
since 2023
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$790,000
+10.3%
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 Kansas City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kansas City 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%
$935,000
6.5%
$865,000
7%
$800,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$720,000
Current use
RESTAURANT
$790,000
Change: +10% · Conversion: Moderate
AUTO REPAIR, GARAGE
$605,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$915k
Range $824k – $1.01M · ±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
$173 / 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
$34,240
Tax year 2023
Assessed value
$208,226
Assessed 2023
Previous assessed
$202,051
+3.1% YoY
Effective rate
16.44%
On assessed value
Assessed land
$26,758
Assessed improvement
$181,468
Land market value
$107,030
Improvement market value
$725,870
Total market value
$832,900
Applied tax rate
10.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1922
Heating
YES
Cooling
YES
Stories
3
Units
9
Rooms
22
Total area
5,283 SF
Lot
0.7 ac (30,361 SF)
APN
97415
UPID
US33-0419168
Jurisdiction
WYANDOTTE
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
OFFICE BUILDING Current
Est. value
$720,000
RESTAURANT
Est. value
$790,000
AUTO REPAIR, GARAGE
Est. value
$605,000
OFFICE BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
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
1922
Heating
YES
Cooling
Yes
Stories
3
Units
9
Rooms
22
Lot
0.7 ac
Current owner
From public records · entity-resolved
Univeristy Of Kansas Hospital Autuo
Individual
Mailing address
4000 CAMBRIDGE ST, KANSAS CITY, KS 66160-8501
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
Jun 7, 2023
—
Univeristy Of Kansas Hospital Autuo
Mpm Heartland House LLC
Special Warranty Deed
—
Feb 16, 2010
—
Mpm Heartland House LLC
State Line & Olathe Investors LLC
Special Warranty Deed
—
Jul 14, 2006
—
State Line & Olathe Investors LLC
Ronald Mcdonald House Charities Kan
Special Warranty Deed
$518,500 · Missouri Bank & Trust Co Of Kansas
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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