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Property profile & analytics
OFF-MARKET
Estimated value
$5,575,000
Medical Office Space
2820 Rock Hvn Rd Harrisonville, MO 64701-4417
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US48-1167864
Property summary
AI-generated overview
This Class A, 75,939 square foot medical office building presents a compelling investment opportunity. Located in Harrisonville, Missouri, on a 5.06-acre lot at 2820 Rock Haven Rd, 64701, this multi-tenant property boasts 95% occupancy with seven tenants. Built in 2011 and renovated in 2014, the building features a diverse tenant mix including family medicine, emergency medicine, orthopedics, sports medicine, dialysis, and imaging services. Tenants operate under triple-net (NNN) leases with 2% annual rent bumps, providing stable cash flow and minimizing investor liabilities. The weighted average lease term (WALT) is 4.91 years. A key tenant is Cass Regional Medical Center, a Critical Access Hospital (CAH) adjacent to the property, ensuring consistent patient traffic and long-term stability. The property benefits from its strategic location near I-49 and Kansas City, providing access to a wider patient base. The zoning is CP-2
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2011
Total area
78,814 SF
Lot
5.1 ac (222,156 SF)
APN
08-09-32-000-000-009.100
UPID
US48-1167864
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
-
Harrisonville Medical Clinic Medical Clinic
-
Ear Nose & Throat Clinic Cass Medical Clinic
-
Dr. Aaron L. Travis, DO Physician
-
Brewster Samuel D MD Pediatrician Physician
-
Travis Damon K DO Pediatrician Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.94M
Blend (final)
Blend
$5.58M
Owner & transaction history
Mmpf II Harrisonville Spe LLC · 5 yrs held
Mmpf II Harrisonville Spe LLC
since 2020
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$9.0M
+39.5%
Restaurant
$8.2M
+26.8%
Office building
$7.9M
+23.0%
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 Harrisonville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Harrisonville 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$6,435,000
Current use
COMMERCIAL (GENERAL)
$8,980,000
Change: +40% · Conversion: Easy
RESTAURANT
$8,160,000
Change: +27% · Conversion: Difficult
OFFICE BUILDING
$7,915,000
Change: +23% · Conversion: Easy
AUTO REPAIR, GARAGE
$7,875,000
Change: +22% · Conversion: Difficult
RETAIL STORES
$6,435,000
Change: 0% · Conversion: Difficult
WAREHOUSE, STORAGE
$5,370,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$5.58M
Range $5.02M – $6.13M · ±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
$71 / 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
$211,669
Tax year 2023
Assessed value
$2,918,640
Assessed 2023
Previous assessed
$2,918,640
+0.0% YoY
Effective rate
7.25%
On assessed value
Assessed land
$176,370
Assessed improvement
$2,742,270
Land market value
$551,160
Improvement market value
$8,569,590
Total market value
$9,120,750
Applied tax rate
6,013,001.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2011
Heating
NONE
Buildings
2
Stories
2
Total area
78,814 SF
Lot
5.1 ac (222,156 SF)
APN
08-09-32-000-000-009.100
UPID
US48-1167864
Jurisdiction
CASS
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
MEDICAL BUILDING Current
Est. value
$6.4M
COMMERCIAL (GENERAL)
Est. value
$9.0M
RESTAURANT
Est. value
$8.2M
OFFICE BUILDING
Est. value
$7.9M
AUTO REPAIR, GARAGE
Est. value
$7.9M
RETAIL STORES
Est. value
$6.4M
WAREHOUSE, STORAGE
Est. value
$5.4M
MEDICAL BUILDING Current
COMMERCIAL (GENERAL)
RESTAURANT
OFFICE BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
WAREHOUSE, STORAGE
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
2011
Heating
NONE
Stories
2
Buildings
2
Lot
5.1 ac
Current owner
From public records · entity-resolved
Mmpf II Harrisonville Spe LLC
Entity
Mailing address
PO BOX 92129, SOUTH LAKE, TX 76092-0102
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
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 20, 2020
—
Mmpf II Harrisonville Spe LLC
Hfmd Properties LLC
Special Warranty Deed
$33,241,000 · Cit Bank NA
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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