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Property profile & analytics
OFF-MARKET
Estimated value
$530,000
Warehouses
3212 Independence Ave, Kansas City, MO 64124-2637
Entity Owned
7-yr Hold
Absentee Owner
Free & Clear
Property ID
US48-3298590
Property summary
AI-generated overview
Prime redevelopment opportunity awaits with this historic six-story, 39,600 square foot industrial building situated on a 0.32-acre lot in Kansas City, Missouri's vibrant Northeast. Built in 1921, this unique property boasts a versatile layout ideal for various industrial or manufacturing uses. The building features large open spaces around a central shaft, with potential for elevator installation. West-side drive access leads to rear dock access at basement level. Currently vacant, this property presents a blank canvas for modernization and customization. Zoned B3-2/ICO, R-2.5/ICO, it benefits from its location within the Paseo Gateway/Northeast Opportunity Zone and the Scarritt Renaissance Urban Renewal Area. The asking price is $1,386,000 ($39.39/sq ft). Its convenient location offers easy access to public transportation, with a bus stop along Route 24 providing a direct link to downtown Kansas City and Independence. This is a rare chance to acquire a significant piece of Kansas City's industrial history and transform it into a thriving modern facility. The property's address is 3212 Independence Ave, Kansas City, MO 64124.
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1921
Construction
WOOD
Total area
6,600 SF
Lot
0.32 ac (13,939 SF)
APN
13-930-30-17
UPID
US48-3298590
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
-
Perky Bro's Transfer And Storage Co Moving Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$656k
Blend (final)
Blend
$530k
Owner & transaction history
Kwl Holdings LLC · 7 yrs held
Kwl Holdings LLC
since 2019
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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$530k
Range $477k – $583k · ±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
$80 / 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
$4,224
Tax year 2024
Assessed value
$42,400
Assessed 2024
Previous assessed
$42,400
+0.0% YoY
Effective rate
9.96%
On assessed value
Assessed land
$31,200
Assessed improvement
$11,200
Total market value
$132,500
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
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1921
Construction
WOOD
Heating
YES
Cooling
NONE
Stories
4
Total area
6,600 SF
Lot
0.32 ac (13,939 SF)
APN
13-930-30-17
UPID
US48-3298590
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
Building & site characteristics
From public records
Year built
1921
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
4
Lot
0.32 ac
Current owner
From public records · entity-resolved
Kwl Holdings LLC
Entity
Free & Clear · 7 yrs held
Mailing address
202 GRAND BLVD, KANSAS CITY, MO 64106-1014
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 18, 2019
—
Kwl Holdings LLC
Apostolic Assembly Of The Fait
Grant Deed
related
—
Aug 23, 2017
—
Agape Grace LLC
Notes Capital Group LLC
Warranty Deed
related
—
Jul 22, 2016
—
Ld Acquisition Co 9 LLC
—
Deed
related
$116,600,000 · Deutsche Bk Tr Co Americas
Dec 29, 2014
—
Ld Acquisition Co 9 LLC
—
Loan Modification
related
$390,000,000 · Suntrust Bk
Aug 30, 2006
—
Nickson Young & Karen Lo LLC
Young,nickson
Quit Claim Deed
related
—
Jan 22, 2004
—
Nickson Young
Sleyster,duren & Shirley P
Grant Deed
$80,000 · First Bank Missouri
—
—
Ld Acquisition Co 9 LLC
—
Deed Of Trust
related
$116,600,000 · Deutsche Bk Tr Co Americas
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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