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Property profile & analytics
OFF-MARKET
Distribution centers
4219 Merriam Dr Overland Park, KS 66203-1335
Entity Owned
13-yr Hold
Free & Clear
Property ID
US33-0014048
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Lot
0.43 ac (18,545 SF)
Zoning code
M-1
APN
NP80800000 0046B
UPID
US33-0014048
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
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
Charlies Properties LLC · 13 yrs held
Charlies Properties LLC
since 2013
1 recorded transaction
Zoning & alternative use
M-1 · Overland Park, KS
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
P Business Park District 18.290.010 Statement of Intent 18.290.020 Permitted Uses 18.290.030 Height and Area Regulations 18.290.040 Parking and Loading Regulations 18.290.050 Development and Performance Standards 18.300 M-1 Industrial Park District and MP-1 Planned Industrial Park District 18.300.010 Statement of Intent 18.300.020 Permitted Uses 18.300.030 H…
Zone name
Industrial Park
General category
INDUSTRIAL
Zone area
247.78 ac
Source
doc view
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 Overland Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Overland Park 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 2023Property tax & assessments
Tax year 2023
Tax billed
$458
Tax year 2023
Assessed value
$3,338
Assessed 2023
Previous assessed
$2,503
+33.4% YoY
Effective rate
13.72%
On assessed value
Assessed land
$3,338
Land market value
$27,820
Total market value
$27,820
Applied tax rate
660.0000
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Heating
NONE
Lot
0.43 ac (18,545 SF)
Zoning code
M-1
APN
NP80800000 0046B
UPID
US33-0014048
Jurisdiction
JOHNSON
Zoning & alternative use
M-1 · Overland Park, KSZoning M-1 · permitted uses
M-1 · Overland Park, KS
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
P Business Park District 18.290.010 Statement of Intent 18.290.020 Permitted Uses 18.290.030 Height and Area Regulations 18.290.040 Parking and Loading Regulations 18.290.050 Development and Performance Standards 18.300 M-1 Industrial Park District and MP-1 Planned Industrial Park District 18.300.010 Statement of Intent 18.300.020 Permitted Uses 18.300.030 Height and Area Regulations 18.300.040 Parking and Loading Regulations 18.300.050 De
Zone name
Industrial Park
General category
INDUSTRIAL
Zone area
247.78 ac
Source
doc view
Building & site characteristics
From public records
Heating
NONE
Lot
0.43 ac
Current owner
From public records · entity-resolved
Charlies Properties LLC
Entity
Free & Clear · 13 yrs held
Mailing address
2203 W 119TH ST, LEAWOOD, KS 66209-1102
Ownership since
2013
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
Jun 27, 2013
—
Charlies Properties LLC
Janice G Allen
Sheriffs Deed
related
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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