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Property profile & analytics
OFF-MARKET
Estimated value
$1,020,000
Office buildings
3151 Carnegie Dr Lees Summit, MO 64064-3222
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US48-0821959
Property summary
AI-generated overview
This exceptional Class A medical office building, located at 3151 NE Carnegie Dr in Lee's Summit, Missouri, presents a unique investment opportunity. Boasting 8,913 square feet, this single-story building was constructed in 2007 and sits on a 1.15-acre lot. The property is zoned for commercial use and features thirteen exam rooms, making it ideally suited for a variety of medical practices. The building benefits from a recently installed, new HVAC system specifically for the surgical area. Importantly, this facility holds an active ambulatory surgical center license. The asking price is $3,060,000. Its prime location offers easy access to I-470, ensuring high visibility and convenient access for patients and staff. The property's parcel number (APN) is 43-840-01-10-00-0-00-000. This is a turnkey opportunity for a medical professional seeking a well-equipped and strategically located facility in the thriving Lee's Summit market within Jackson County, zip code 64064.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2006
Construction
WOOD
Total area
8,455 SF
Lot
1.15 ac (50,094 SF)
APN
43-840-01-10
UPID
US48-0821959
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
-
Robert P. Bruce, MD Physician
-
Kansas City Bone & Joint Clinic - Lee's Summit Medical Clinic
-
Brandon Barnds Physician
-
Stephen Hiatt Physician
-
John Bleazard Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.06M
Blend (final)
Blend
$1.02M
Owner & transaction history
Monarch Real Properties III LLC · 1 yrs held
Monarch Real Properties III LLC
since 2025
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.5M
+89.2%
Retail stores
$1.1M
+34.2%
Restaurant
$970,000
+22.3%
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 Lees Summit submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lees Summit 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
OFFICE BUILDING
$795,000
Current use
COMMERCIAL (GENERAL)
$1,500,000
Change: +89% · Conversion: Easy
RETAIL STORES
$1,065,000
Change: +34% · Conversion: Moderate
RESTAURANT
$970,000
Change: +22% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$935,000
Change: +18% · Conversion: Difficult
AUTO REPAIR, GARAGE
$870,000
Change: +10% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$860,000
Change: +9% · Conversion: Easy
Blend value · Realmo final
$1.02M
Range $918k – $1.12M · ±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
$121 / 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
$50,199
Tax year 2024
Assessed value
$560,416
Assessed 2024
Previous assessed
$560,416
+0.0% YoY
Effective rate
8.96%
On assessed value
Assessed land
$261,888
Assessed improvement
$298,528
Total market value
$1,751,300
Applied tax rate
39.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2006
Construction
WOOD
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Total area
8,455 SF
Lot
1.15 ac (50,094 SF)
APN
43-840-01-10
UPID
US48-0821959
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
OFFICE BUILDING Current
Est. value
$795,000
COMMERCIAL (GENERAL)
Est. value
$1.5M
RETAIL STORES
Est. value
$1.1M
RESTAURANT
Est. value
$970,000
INDUSTRIAL (GENERAL)
Est. value
$935,000
AUTO REPAIR, GARAGE
Est. value
$870,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$860,000
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
RETAIL STORES
RESTAURANT
INDUSTRIAL (GENERAL)
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
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
2006
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
1.15 ac
Current owner
From public records · entity-resolved
Monarch Real Properties III LLC
Entity
Mailing address
3151 NE CARNEGIE DR, LEES SUMMIT, MO 64064-3222
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 30, 2025
—
Monarch Real Properties III LLC
Bhumika LLC
Special Warranty Deed
$3,000,000 · Umb Bank Colorado
—
—
Bhumika LLC
—
Deed Of Trust
related
$1,370,000 · Umb Bank NA
—
—
Bhumika LLC
—
Deed Of Trust
related
$1,100,000 · Bank Of America
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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