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Property profile & analytics
FOR SALE
Office buildings
2018 Main St Kansas City Kansas City, MO 64108
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US48-1345301
For Sale
1 / 3
$4,200,000
2018 Main St,Unit Kansas City, Kansas City, MO 64108
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1915
Construction
WOOD
Total area
6,200 SF
Lot
0.14 ac (6,098 SF)
Zoning code
M1
APN
29-520-33-09
UPID
US48-1345301
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
-
Digital Dreams KC Art Gallery
-
The Otten On Main Hotel & Motel Resort
-
Vye Cocktail Lounge Bar & Pub Nightclub
-
Rachel Rogers, Kansas City Esthetician Spa & Massage Center Skin Care Clinic
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
Frog Eyes LLC · 1 yrs held
Frog Eyes LLC
since 2024
7 recorded transactions
Zoning & alternative use
M1 · Kansas City, MO
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 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
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
$29,542
Tax year 2024
Assessed value
$319,200
Assessed 2024
Previous assessed
$319,200
+0.0% YoY
Effective rate
9.26%
On assessed value
Assessed land
$67,904
Assessed improvement
$251,296
Total market value
$997,500
Applied tax rate
1.0000
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
For Sale
Year built
1915
Construction
WOOD
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Total area
6,200 SF
Lot
0.14 ac (6,098 SF)
Zoning code
M1
APN
29-520-33-09
UPID
US48-1345301
Jurisdiction
JACKSON
Zoning & alternative use
M1 · Kansas City, MO
Zoning M1 · permitted uses
M1 · Kansas City, MO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Kansas City. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1915
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
0.14 ac
Current owner
From public records · entity-resolved
Frog Eyes LLC
Entity
Mailing address
300 SW LONGVIEW BLVD, LEES SUMMIT, MO 64081-2190
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 31, 2024
—
Frog Eyes LLC
Hawthorn Bank
Quitclaim Deed
related
$2,737,500 · Communityamerica Cu
Apr 19, 2024
$2,000,000
Hawthorn Bank
Dsd Service Corporation
Trustees Deed
related
—
Mar 21, 2022
—
Frog Eyes LLC
—
Deed
related
$150,000 · Justine Petersen Housing & Reinevestnet
Mar 2, 2022
—
Frog Eyes LLC
—
Deed
related
$100,000 · Altcap
Jan 18, 2019
—
Frog Eyes LLC
—
Deed
related
$2,695,000 · Hawthorn Bk
Oct 6, 2017
—
Frog Eyes LLC
—
Deed
related
$2,544,290 · Hawthorn Bk
Aug 1, 2016
—
Frog Eyes LLC
—
Trustees Deed
related
$2,025,000 · Hawthorn Bk
Jul 2, 2012
—
Frog Eyes LLC
Bradbury LLC
Warranty Deed
$187,500 · Great Southern Bank
Sep 10, 2004
—
Bradbury LLC
Francor II LLC
Warranty Deed
$201,781 · Union Bank
Aug 24, 1998
—
Francor II LLC
Priddy,melton
Grant Deed
$374,672 · Missouri State Bank & Trust Co
—
—
Frog Eyes LLC
—
Loan Modification
related
$2,695,000 · Hawthorn Bk
—
—
Frog Eyes LLC
—
Loan Modification
related
$2,544,290 · Hawthorn Bk
—
—
Bradbury LLC
—
Deed Of Trust
related
$495,016 · Union 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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