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Property profile & analytics
OFF-MARKET
Estimated value
$11,245,000
Distribution centers
22101 167th St Olathe, KS 66062-9629
Entity Owned
6-yr Hold
Free & Clear
Property ID
US33-0915231
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2008
Total area
601,670 SF
Lot
37.16 ac (1,618,690 SF)
APN
DP37440000 0001
UPID
US33-0915231
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
-
Bushnell Outdoor Products Warehouse & Storage
-
Staffmark Employment Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$11.25M
Owner & transaction history
G&i X Industrial Ks LLC · 6 yrs held
G&i X Industrial Ks LLC
since 2020
6 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$19 / 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
$1,064,645
Tax year 2023
Assessed value
$8,582,251
Assessed 2023
Previous assessed
$8,488,251
+1.1% YoY
Effective rate
12.41%
On assessed value
Assessed land
$647,503
Assessed improvement
$7,934,748
Land market value
$2,590,010
Improvement market value
$31,738,990
Total market value
$34,329,000
Applied tax rate
479.0000
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
2008
Heating
SPACE
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
601,670 SF
Lot
37.16 ac (1,618,690 SF)
APN
DP37440000 0001
UPID
US33-0915231
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
Building & site characteristics
From public records
Year built
2008
Heating
SPACE
Cooling
Yes
Stories
1
Units
1
Lot
37.16 ac
Current owner
From public records · entity-resolved
G&i X Industrial Ks LLC
Entity
Free & Clear · 6 yrs held
Mailing address
575 5TH AVE FL #38, NEW YORK, NY 10017-2427
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 3, 2022
—
G&j X Industrial Ks LLC
—
Deed
related
$865,000,000 · Bank Of America NA
Feb 3, 2020
—
G&i X Industrial Ks LLC
—
Deed
related
$684,600,000 · Bank Of America NA
Jan 22, 2020
—
G&i X Industrial Ks LLC
Seally W 167th St LLC
Special Warranty Deed
—
Sep 21, 2018
—
Sealy W 167th St LLC
Sun Life Assurance Company Of Canad
Special Warranty Deed
$37,250,000 · Key Bank NA
Sep 6, 2018
—
Sun Life Assurance Company Of Canad
City Of Olathe
Special Warranty Deed
—
Dec 10, 2008
—
The City Of Olathe
Sun Life Assurance Company Of Canad
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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