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Property profile & analytics
OFF-MARKET
Estimated value
$1,725,000
Distribution centers
2143 Enterprise Dr Independence, KS 67301-8898
Entity Owned
Absentee Owner
Free & Clear
Property ID
US33-0759298
Property summary
AI-generated overview
This exceptional 23,830-square-foot industrial property, situated on a 4.656-acre lot in Independence, Kansas, presents a compelling opportunity for businesses seeking a versatile and strategically located warehouse or manufacturing facility. Built in 2011 and renovated in 2012, the single-building structure boasts a robust M-2 zoning designation, ideal for heavy industrial uses. The warehouse features six dock-high doors, multiple drive-in doors, and impressive ceiling heights ranging from 14 to 18 feet, providing ample space for efficient operations and high-volume storage. The property also includes a floor drain, substantial heavy power capacity, and extensive outdoor parking accommodating approximately 79 cars and ample truck parking/trailer storage. Its prime location offers excellent access to US Highways 75 and 160, ensuring seamless transportation and logistics. The 2023 property taxes totaled $84,120.52 (general taxes only). This well-maintained facility is ready for immediate occupancy and presents a rare opportunity to secure a high-quality industrial space in a desirable location.
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2011
Total area
24,080 SF
Lot
4.66 ac (202,990 SF)
APN
087-26-0-40-02-005.00-0
UPID
US33-0759298
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
by Request
Blend (final)
Blend
$1.73M
Owner & transaction history
ARC FEINDKS001, LLC VERIET
ARC FEINDKS001, LLC VERIET
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.9M
+58.5%
Office building
$2.2M
+21.7%
Auto repair, garage
$2.0M
+10.7%
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 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,805,000
Current use
RESTAURANT
$2,855,000
Change: +58% · Conversion: Difficult
OFFICE BUILDING
$2,195,000
Change: +22% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,995,000
Change: +11% · Conversion: Easy
RETAIL STORES
$1,600,000
Change: -11% · Conversion: Moderate
Blend value · Realmo final
$1.73M
Range $1.55M – $1.90M · ±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
$72 / 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 2019Property tax & assessments
Tax year 2019
Tax billed
$88,920
Tax year 2019
Assessed value
$440,410
Assessed 2023
Previous assessed
$435,518
+1.1% YoY
Effective rate
20.19%
On assessed value
Assessed land
$25,715
Assessed improvement
$414,695
Land market value
$102,860
Improvement market value
$1,658,780
Total market value
$1,761,640
Applied tax rate
108.0000
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
2011
Heating
SPACE
Cooling
YES
Stories
1
Total area
24,080 SF
Lot
4.66 ac (202,990 SF)
APN
087-26-0-40-02-005.00-0
UPID
US33-0759298
Jurisdiction
MONTGOMERY
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
WAREHOUSE, STORAGE Current
Est. value
$1.8M
RESTAURANT
Est. value
$2.9M
OFFICE BUILDING
Est. value
$2.2M
AUTO REPAIR, GARAGE
Est. value
$2.0M
RETAIL STORES
Est. value
$1.6M
WAREHOUSE, STORAGE Current
RESTAURANT
OFFICE BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
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
2011
Heating
SPACE
Cooling
Yes
Stories
1
Lot
4.66 ac
Current owner
From public records · entity-resolved
ARC FEINDKS001, LLC VERIET
Entity
Free & Clear · 0 yrs held
Mailing address
11995 EL CAMINO REAL, SAN DIEGO, CA 92130-2539
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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