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Property profile & analytics
OFF-MARKET
Warehouses
204 Evans Ave Raymore, MO 64083-8802
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US48-1070010
Property summary
AI-generated overview
This exceptional commercial property, located in the Raymore Development Park within the thriving Kansas City Metro Area, presents a unique investment opportunity. The 4,800-square-foot building sits on a generous 1.1-acre lot (more or less) and offers a flexible blend of office and shop space. The well-appointed office area includes two conference rooms, three private offices, a kitchen, and a bathroom, providing a professional and efficient workspace. The expansive shop area features three bays with oversized automatic overhead doors, ideal for various commercial or industrial uses. A dedicated storage area with a sink adds to the property's functionality. A significant advantage is the inclusion of a large walk-in freezer and adjacent loading dock, a legacy from its previous use as a Schwan's facility. This feature offers considerable flexibility
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1988
Construction
STEEL FRAME
Total area
4,800 SF
Lot
1.1 ac (47,916 SF)
APN
04-05-15-000-000-009.010
UPID
US48-1070010
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
-
Schwan Food Co Big Box & Wholesale Store Food Market
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
Andes Properties LLC · 1 yrs held
Andes Properties LLC
since 2025
5 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 Raymore submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Raymore 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 2023Property tax & assessments
Tax year 2023
Tax billed
$5,655
Tax year 2023
Assessed value
$65,240
Assessed 2023
Previous assessed
$65,240
+0.0% YoY
Effective rate
8.67%
On assessed value
Assessed land
$12,040
Assessed improvement
$53,200
Land market value
$37,630
Improvement market value
$166,260
Total market value
$203,890
Applied tax rate
6,319,001.0000
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
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1988
Construction
STEEL FRAME
Heating
NONE
Stories
1
Total area
4,800 SF
Lot
1.1 ac (47,916 SF)
APN
04-05-15-000-000-009.010
UPID
US48-1070010
Jurisdiction
CASS
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1988
Construction
STEEL FRAME
Heating
NONE
Stories
1
Lot
1.1 ac
Current owner
From public records · entity-resolved
Andes Properties LLC
Entity
Mailing address
PO BOX 165, MARSHALL, MN 56258-0165
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 7, 2025
—
Andes Properties LLC
Tba Investments LLC
Warranty Deed
$400,000 · American National Bank & Trust
Dec 23, 2024
—
Tba Investments LLC
Cygnus Properties LLC
Special Warranty Deed
—
Oct 28, 2022
—
Cygnus Properties LLC
—
Deed
related
$45,000,000 · Estige Financial LLC
Jun 14, 2021
—
Cygnus Properties LLC
Cygnus Home Service LLC
Warranty Deed
—
Jun 17, 2020
—
Cygnus Home Services LLC
—
Deed
related
$1,000,000 · Deneb Real Estate LLC
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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