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Property profile & analytics
OFF-MARKET
Estimated value
$10,105,000
Manufacturing properties
20575 161st St Olathe, KS 66062
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US33-1082136
Property profile
Verified
Property type
Manufacturing properties
Use group
HEAVY MANUFACTURING
Year built
2012
Total area
201,654 SF
Lot
25.84 ac (1,125,590 SF)
APN
DP77320000 0001
UPID
US33-1082136
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$9.24M
Blend (final)
Blend
$10.11M
Owner & transaction history
Webco Manufacturing INC · 3 yrs held
Webco Manufacturing INC
since 2023
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$13.9M
+52.0%
Commercial (general)
$13.6M
+48.9%
Auto repair, garage
$13.4M
+46.7%
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 Olathe submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Olathe 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$9,110,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$13,850,000
Change: +52% · Conversion: Difficult
COMMERCIAL (GENERAL)
$13,565,000
Change: +49% · Conversion: Difficult
AUTO REPAIR, GARAGE
$13,360,000
Change: +47% · Conversion: Easy
RETAIL STORES
$11,810,000
Change: +30% · Conversion: Moderate
WAREHOUSE, STORAGE
$9,030,000
Change: -1% · Conversion: Easy
Blend value · Realmo final
$10.11M
Range $9.09M – $11.12M · ±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
$50 / 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
$356,960
Tax year 2023
Assessed value
$3,050,500
Assessed 2023
Effective rate
11.70%
On assessed value
Assessed land
$450,255
Assessed improvement
$2,600,245
Land market value
$1,801,020
Improvement market value
$10,400,980
Total market value
$12,202,000
Applied tax rate
8.0000
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
Manufacturing properties
Use group
HEAVY MANUFACTURING
Status
Off-Market
Year built
2012
Heating
SPACE
Cooling
AC.PACKAGE
Stories
1
Total area
201,654 SF
Lot
25.84 ac (1,125,590 SF)
APN
DP77320000 0001
UPID
US33-1082136
Jurisdiction
JOHNSON
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
INDUSTRIAL (GENERAL) Current
Est. value
$9.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$13.9M
COMMERCIAL (GENERAL)
Est. value
$13.6M
AUTO REPAIR, GARAGE
Est. value
$13.4M
RETAIL STORES
Est. value
$11.8M
WAREHOUSE, STORAGE
Est. value
$9.0M
INDUSTRIAL (GENERAL) Current
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
RETAIL STORES
WAREHOUSE, STORAGE
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
2012
Heating
SPACE
Cooling
Yes
Stories
1
Lot
25.84 ac
Current owner
From public records · entity-resolved
Webco Manufacturing INC
Entity
Mailing address
20570 W 162ND ST, OLATHE, KS 66062-2750
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 28, 2023
—
Webco Manufacturing INC
City Of Olathe
Special Warranty Deed
—
Jun 7, 2012
—
City Of Olathe Kansas
Webco Manufacturing INC
Special Warranty Deed
—
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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