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Property profile & analytics
OFF-MARKET
Manufacturing properties
23600 40th St Shawnee, KS 66226-2247
Entity Owned
10-yr Hold
Free & Clear
Property ID
US33-0883960
Property profile
Verified
Property type
Manufacturing properties
Use group
HEAVY MANUFACTURING
Year built
1997
Construction
FRAME
Total area
2,800 SF
Lot
22.74 ac (990,554 SF)
Zoning code
I2
APN
UP15200000 0001
UPID
US33-0883960
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
by Request
Owner & transaction history
Pipe Portfolio Owner LP · 10 yrs held
Pipe Portfolio Owner LP
since 2016
2 recorded transactions
Zoning & alternative use
I2 · Shawnee, KS
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 Shawnee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Shawnee 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
—
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
$134,849
Tax year 2023
Assessed value
$1,028,425
Assessed 2023
Previous assessed
$1,025,675
+0.3% YoY
Effective rate
13.11%
On assessed value
Assessed land
$433,865
Assessed improvement
$594,560
Land market value
$1,735,460
Improvement market value
$2,378,240
Total market value
$4,113,700
Applied tax rate
430.0000
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
Manufacturing properties
Use group
HEAVY MANUFACTURING
Status
Off-Market
Year built
1997
Construction
FRAME
Heating
SPACE
Cooling
AC.PACKAGE
Buildings
2
Stories
1
Units
1
Total area
2,800 SF
Lot
22.74 ac (990,554 SF)
Zoning code
I2
APN
UP15200000 0001
UPID
US33-0883960
Jurisdiction
JOHNSON
Zoning & alternative use
I2 · Shawnee, KS
Zoning I2 · permitted uses
I2 · Shawnee, KS
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Shawnee. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1997
Construction
FRAME
Heating
SPACE
Cooling
Yes
Stories
1
Buildings
2
Units
1
Lot
22.74 ac
Current owner
From public records · entity-resolved
Pipe Portfolio Owner LP
Entity
Free & Clear · 10 yrs held
Mailing address
511 E JOHN CARPENTER FWY STE #600, IRVING, TX 75062-3930
Ownership since
2016
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
Apr 18, 2016
—
Pipe Portfolio Owner LP
Forterra Concrete Products INC
Special Warranty Deed
—
Oct 20, 2006
—
Cretex Concrete Products Midwest In
Kansas City Concrete Pipe Co
Intrafamily Transfer
related
—
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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