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    Property profile & analytics

    23450 Pr Star Pkwy Lenexa, KS 66227-7266

    • Grocery and convenience stores
    • 4,721 SF
    OFF-MARKET
    Value Estimation
    $655,000
    Location Intelligence
    Property ID
    US33-0181736
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Grocery and convenience stores

    Property Details for 23450 Pr Star Pkwy

    Year built
    2021
    Property size
    4,721 SF
    Property type
    Grocery and convenience stores
    APN
    IP64400000 0013
    APU
    IP644000000013

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $645,000

    • CAP approach

      CAP return
      Estimation
      6%
      $820,000
      6.5%
      $715,000
      7%
      $745,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $805,000
      Geo Method
      $765,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $810,000
      Retail
      $805,000
      Mixed-Use
      $710,000
      Hospitality
      $690,000
      Educational
      $805,000
      Residential Income
      $690,000
      Energy
      $720,000
      Income-Based Land
      $885,000
      Food Service
      $735,000

    Location Insight

    • Map
    • Local Demand
    City
    Lenexa
    County
    Johnson
    State
    Kansas
    Longitude
    -94.858
    Latitude
    38.9587
    CBSA code
    28140
    CBSA name
    KANSAS CITY, MO-KS METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $55,836
    $46,736
    $373,938
    $420,674
    -
    $371,920
    $1,495,750
    $1,867,670

    Comparable in this City

    • Value Estimation
      $310,000
      0.50 Acres

      9450 Mdw Vw Dr

      CONVENIENCE STORE • 0.50 Acres
      9450 Mdw Vw Dr, Lenexa, KS 66227
      View Details
    • Value Estimation
      $540,000
      4,000 SF

      23000 83rd St

      CONVENIENCE STORE • 4,000 SF
      23000 83rd St, Shawnee, KS 66227-3115
      View Details
    • Value Estimation
      $800,000
      5,200 SF

      9160 Hwy K 7th 7

      GARDEN CENTER, HOME IMPROVEMENT • 5,200 SF
      9160 Hwy K 7th 7, Lenexa, KS 66227-4101
      View Details
    • Value Estimation
      $850,000
      13,496 SF

      9300 Mdw Vw Dr

      VEHICLE SALES, RENTALS • 13,496 SF
      9300 Mdw Vw Dr, Shawnee, KS 66227-7288
      View Details
    • Value Estimation
      $315,000
      1.00 Acre

      Lenexa, KS 66227

      PARKING LOT • 1.00 Acre
      Lenexa, KS 66227
      View Details
    • Value Estimation by Request
      1.28 Acres

      7702 Hedge Ln Ter

      PARKING LOT • 1.28 Acres
      7702 Hedge Ln Ter, Lenexa, KS 66227
      View Details

    Similar Nearby for Sale

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      Lenexa Land Tract For Sale

      Prime land tract suitable for senior living or multifamily development.
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    Similar Nearby for Lease

    • Contact for pricing
      17,018 SF

      Retail Space Near Oak Park

      Retail space available near Oak Park Mall and major highways.
      12010-12200 W 95Th Ln, Lenexa, KS 66227
      View Details
    • Contact for pricing
      1,183 SF

      Retail Space Near Oak Park

      Retail space available near Oak Park Mall and Sam's Club.
      12230-12242 W 95Th Ln, Lenexa, KS 66227
      View Details
    • Contact for pricing
      6,300 SF

      Retail Space Near Oak Park

      Retail space available near Oak Park Mall and Sam's Club.
      12220 W 95Th Ln, Lenexa, KS 66227
      View Details
    • Contact for pricing
      1,800 SF

      Retail Space Near Oak Park

      Retail space for rent near Oak Park Mall and I-35.
      11942-12242 W 95Th Ln, Lenexa, KS 66227
      View Details
    • $8 SF/Yr
      48,246 SF

      Flex/Industrial Space in Johnson County

      48,246 +/- SF flex/industrial space available for lease.
      8450 Cole Pkwy, Shawnee, KS 66227
      View Details
    • $20 SF/Yr
      19,482 SF

      Medical Office Space For Lease

      Medical office space for lease on AdventHealth Lenexa campus.
      23401 Prairie Star Pkwy, Lenexa, KS 66227
      View Details

    Property Visit Statistics

    • Visits by month
      33.7k
    • Visitors by month
      16.0k
    • Avg Time on site
      7 min
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    Lenexa, KS 66227-7266
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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