New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,665,000
Garden apartment buildings
2901 Gillham Rd, Kansas City, MO 64108-3175
Entity Owned
2-yr Hold
Property ID
US48-1507192
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
2014
Construction
WOOD
Total area
9,552 SF
Lot
0.61 ac (26,572 SF)
APN
29-810-27-19
UPID
US48-1507192
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
-
Twenty9 Gillham Apartments Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.58M
Comparable Approach
Comparable
$1.76M
Blend (final)
Blend
$1.67M
Owner & transaction history
Kc Urban Investments LLC · 2 yrs held
Kc Urban Investments LLC
since 2023
7 recorded transactions
Zoning & alternative use
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 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
by Request
CAP Approach
CAP Return
Estimation
6%
$1,710,000
6.5%
$1,580,000
7%
$1,465,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,140,000
Current use
RESTAURANT
$1,120,000
Change: -1% · Conversion: Difficult
RETAIL STORES
$1,105,000
Change: -3% · Conversion: Difficult
Blend value · Realmo final
$1.67M
Range $1.50M – $1.83M · ±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
$174 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$290
Tax year 2024
Assessed value
$1,288,922
Assessed 2024
Previous assessed
$1,288,922
+0.0% YoY
Effective rate
0.02%
On assessed value
Assessed land
$586,530
Assessed improvement
$702,392
Total market value
$6,783,800
Applied tax rate
1.0000
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
2014
Construction
WOOD
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Total area
9,552 SF
Lot
0.61 ac (26,572 SF)
APN
29-810-27-19
UPID
US48-1507192
Jurisdiction
JACKSON
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
$1.1M
RESTAURANT
Est. value
$1.1M
RETAIL STORES
Est. value
$1.1M
APARTMENT HOUSE (5+ UNITS) Current
RESTAURANT
RETAIL STORES
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
2014
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
0.61 ac
Current owner
From public records · entity-resolved
Kc Urban Investments LLC
Entity
Mailing address
2200 NW 2ND AVE STE #203, MIAMI, FL 33127-4821
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 26, 2023
—
Kc Urban Investments LLC
Gcp Twenty Gillham LLC
Special Warranty Deed
—
May 24, 2019
—
Gcp Twenty9 Gillham LLC
2901 Gillham Row LLC
Grant Deed
$5,284,307 · Miscellaneous Ins Co
Sep 25, 2017
—
2901 Gillham Row LLC
Planned Industrial Expansion A
Quit Claim Deed
related
—
Aug 17, 2017
—
Planned Indl Expansion Author
2901 Gillham Row LLC
Quit Claim Deed
related
—
Jul 7, 2014
—
2901 Gillham Row LLC
—
Trustees Deed
related
$2,265,000 · Lead Bk
Jul 22, 2009
—
Urban Coeur Properties LLC
Ucd 29 Gillham Row
Warranty Deed
related
—
Nov 19, 2004
—
Planned Indl Expansion Author
Ucd 30 Gillham Row
Grant Deed
related
—
—
—
2901 Gillham Row LLC
—
Loan Modification
related
$2,400,000 · Lead Bk
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2901 Gillham Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
