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Property profile & analytics
OFF-MARKET
Estimated value
$7,035,000
Grocery and convenience stores
22350 Harrison St Spring Hill, KS 66083-3148
Entity Owned
3-yr Hold
Free & Clear
Property ID
US33-1126169
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
2003
Total area
47,685 SF
Lot
6.15 ac (267,894 SF)
APN
037-26-0-00-00-012.02-0
UPID
US33-1126169
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
-
Price Chopper Pharmacy Pharmacy
-
Price Chopper Pharmacy #7 Pharmacy
-
Redbox Cinema (Bike/Boat/Book/etc) Store
-
Great Southern Bank ATM Atm
-
David Beck Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$7.09M
Comparable Approach
Comparable
$6.98M
Blend (final)
Blend
$7.04M
Owner & transaction history
P&a Properties Spring Hill LLC · 3 yrs held
P&a Properties Spring Hill LLC
since 2022
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$8.1M
+70.4%
Office building
$6.7M
+41.8%
Commercial (general)
$5.1M
+7.9%
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 Spring Hill submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Spring Hill 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%
$7,685,000
6.5%
$7,090,000
7%
$6,585,000
Alternative Use
Use
Estimation
RETAIL STORES
$4,730,000
Current use
RESTAURANT
$8,060,000
Change: +70% · Conversion: Easy
OFFICE BUILDING
$6,705,000
Change: +42% · Conversion: Easy
COMMERCIAL (GENERAL)
$5,105,000
Change: +8% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$5,080,000
Change: +7% · Conversion: Difficult
AUTO REPAIR, GARAGE
$4,620,000
Change: -2% · Conversion: Difficult
Blend value · Realmo final
$7.04M
Range $6.33M – $7.74M · ±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
$148 / 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
$126,080
Tax year 2023
Assessed value
$859,750
Assessed 2023
Previous assessed
$859,750
+0.0% YoY
Effective rate
14.66%
On assessed value
Assessed land
$256,295
Assessed improvement
$603,455
Land market value
$1,025,180
Improvement market value
$2,413,820
Total market value
$3,439,000
Applied tax rate
5.0000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
2003
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
47,685 SF
Lot
6.15 ac (267,894 SF)
APN
037-26-0-00-00-012.02-0
UPID
US33-1126169
Jurisdiction
MIAMI
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
RETAIL STORES Current
Est. value
$4.7M
RESTAURANT
Est. value
$8.1M
OFFICE BUILDING
Est. value
$6.7M
COMMERCIAL (GENERAL)
Est. value
$5.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$5.1M
AUTO REPAIR, GARAGE
Est. value
$4.6M
RETAIL STORES Current
RESTAURANT
OFFICE BUILDING
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
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
2003
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
6.15 ac
Current owner
From public records · entity-resolved
P&a Properties Spring Hill LLC
Entity
Free & Clear · 3 yrs held
Mailing address
9742 SUNSET CIR, LENEXA, KS 66220-3726
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 28, 2022
—
P&a Properties Spring Hill LLC
Phillips & Associates Properties Ll
Warranty Deed
—
May 27, 2011
—
Phillips & Associates Properties Ll
Tri Star Investments INC
Corporation Deed
$1,200,000 · Umb Bank NA
Aug 29, 2005
—
Tri Star Investments INC
Tri Star Development Company LLC
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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