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Property profile & analytics
FOR SALE
Office buildings
4228 S Hocker Dr, Independence, MO 64055
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US48-0060107
For Sale
1 / 4
$490,000
4228 S Hocker Dr, Independence, MO 64055
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1986
Construction
WOOD
Total area
3,846 SF
Lot
0.81 ac (35,284 SF)
APN
33-240-10-18
UPID
US48-0060107
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
Tlc Property Holdings LLC
Tlc Property Holdings LLC
since 2026
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 Independence submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Independence 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
$8,670
Tax year 2024
Assessed value
$105,632
Assessed 2024
Previous assessed
$105,632
+0.0% YoY
Effective rate
8.21%
On assessed value
Assessed land
$30,016
Assessed improvement
$75,616
Total market value
$330,100
Applied tax rate
9.0000
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
For Sale
Year built
1986
Construction
WOOD
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Total area
3,846 SF
Lot
0.81 ac (35,284 SF)
APN
33-240-10-18
UPID
US48-0060107
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
1986
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
0.81 ac
Current owner
From public records · entity-resolved
Tlc Property Holdings LLC
Entity
Mailing address
2315 NE SMOKEY HL DR, LEES SUMMIT, MO 64086-7019
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 23, 2026
—
Tlc Property Holdings LLC
Pgs Worldwide LLC
Warranty Deed
$350,000 · Us Bank NA
Sep 16, 2016
—
Lmbm Properties LLC
Admiral Square INC
Warranty Deed
$125,000 · Commerce Bk
Oct 21, 2013
—
Admiral Investments LLC
Admiral Square INC
Quit Claim Deed
related
—
Sep 12, 2013
—
Admiral Square INC
Admiral Investments LLC
Quit Claim Deed
related
—
Sep 12, 2013
$125,000
Admiral Square INC
Rice Martin D
Trustees Deed
—
Mar 21, 2005
—
Admiral Investments LLC
38th Street Investment Corp
Grant Deed
related
—
Oct 31, 2000
—
38th Street Inv Corp
Nesco INC
Grant Deed
$2,137,500 · Bank Of Oklahoma
Apr 1, 1999
—
David E Hopkins
Caffey,stephen J & Marjory M
Grant Deed
$272,172 · Bank 10
—
—
Admiral Square INC
—
Deed Of Trust
related
$350,000 · Onb Bk&tr
—
—
38th Street Investment Corp
—
Deed Of Trust
related
$587,304 · Bank Of Oklahoma
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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