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Property profile & analytics
FOR LEASE
Strip malls
403 SW Ward Rd, Lees Summit, MO 64081
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US48-0233055
For Lease
1 / 6
Contact for pricing
403 SW Ward Rd, Lees Summit, MO 64081
View Listing →
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2000
Construction
FRAME
Total area
19,152 SF
Lot
1.67 ac (72,745 SF)
APN
61-420-04-29
UPID
US48-0233055
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
-
Bungee Up Gym & Fitness Center
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
Peak Smiles LLC · 6 yrs held
Peak Smiles LLC
since 2019
6 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 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
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 2024Property tax & assessments
Tax year 2024
Tax billed
$68,704
Tax year 2024
Assessed value
$798,400
Assessed 2024
Previous assessed
$798,400
+0.0% YoY
Effective rate
8.61%
On assessed value
Assessed land
$302,752
Assessed improvement
$495,648
Total market value
$2,495,000
Applied tax rate
49.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
For Lease
Year built
2000
Construction
FRAME
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Total area
19,152 SF
Lot
1.67 ac (72,745 SF)
APN
61-420-04-29
UPID
US48-0233055
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
2000
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Lot
1.67 ac
Current owner
From public records · entity-resolved
Peak Smiles LLC
Entity
Mailing address
1200 WATERFALL VW, MESQUITE, NV 89034-1133
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 20, 2019
—
Peak Smiles LLC
Rmt Investments INC
Warranty Deed
$720,000 · Umb Bk
Dec 28, 2016
—
Rmt Investments INC
—
Deed
related
$2,000,000 · American Nat'l Bk
Dec 18, 2006
—
Rmt Investments INC
Summit Crossings Dev Co LLC
Warranty Deed
related
—
—
—
Rmt Investments INC
—
Deed Of Trust
related
$2,050,000 · Genworth Life Insurance Co
—
—
Rmt Investments INC
—
Deed Of Trust
related
$2,000,000 · American Nat'l Bk
—
—
Summit Crossings Dev Co LLC
—
Deed Of Trust
related
$1,965,302 · First Community Bank
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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