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Property profile & analytics
OFF-MARKET
Estimated value
$555,000
Garden apartment buildings
2311 Tauromee Ave Kansas City, KS 66102-4039
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US33-0761060
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1944
Construction
BRICK
Total area
6,232 SF
Lot
2.42 ac (105,415 SF)
APN
55100
UPID
US33-0761060
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
$505k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$602k
Blend (final)
Blend
$555k
Owner & transaction history
Abc Real Estate Investing LLC · 1 yrs held
Abc Real Estate Investing LLC
since 2024
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$910,000
+99.8%
Office building
$800,000
+76.4%
Auto repair, garage
$710,000
+56.7%
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 Kansas City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kansas City 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
$505,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$455,000
Current use
RESTAURANT
$910,000
Change: +100% · Conversion: Difficult
OFFICE BUILDING
$800,000
Change: +76% · Conversion: Moderate
AUTO REPAIR, GARAGE
$710,000
Change: +57% · Conversion: Difficult
RETAIL STORES
$635,000
Change: +40% · Conversion: Difficult
COMMERCIAL (GENERAL)
$525,000
Change: +16% · Conversion: Moderate
MEDICAL BUILDING
$435,000
Change: -4% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$425,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$555k
Range $500k – $611k · ±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
$89 / 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
$28,572
Tax year 2023
Assessed value
$174,340
Assessed 2023
Previous assessed
$174,340
+0.0% YoY
Effective rate
16.39%
On assessed value
Assessed land
$6,217
Assessed improvement
$168,123
Land market value
$54,060
Improvement market value
$1,461,940
Total market value
$1,516,000
Applied tax rate
10.0000
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
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
1944
Construction
BRICK
Heating
FORCED AIR
Buildings
6
Stories
2
Units
48
Total area
6,232 SF
Lot
2.42 ac (105,415 SF)
APN
55100
UPID
US33-0761060
Jurisdiction
WYANDOTTE
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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$455,000
RESTAURANT
Est. value
$910,000
OFFICE BUILDING
Est. value
$800,000
AUTO REPAIR, GARAGE
Est. value
$710,000
RETAIL STORES
Est. value
$635,000
COMMERCIAL (GENERAL)
Est. value
$525,000
MEDICAL BUILDING
Est. value
$435,000
INDUSTRIAL (GENERAL)
Est. value
$425,000
APARTMENT HOUSE (5+ UNITS) Current
RESTAURANT
OFFICE BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
COMMERCIAL (GENERAL)
MEDICAL BUILDING
INDUSTRIAL (GENERAL)
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
1944
Construction
BRICK
Heating
FORCED AIR
Stories
2
Buildings
6
Units
48
Lot
2.42 ac
Current owner
From public records · entity-resolved
Abc Real Estate Investing LLC
Entity
Mailing address
1854 E MINNESOTA AVE STE #4, KANSAS CITY, KS 66102-4166
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
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
Sep 26, 2024
—
Abc Real Estate Investing LLC
2361 Tauromee LLC
Special Warranty Deed
$1,725,000 · Us Bank NA
May 13, 2021
—
2361 Tauromee Partners LLC
Wyandotte Apartments Kc LLC
Special Warranty Deed
$2,173,000 · Cs Bank
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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