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Property profile & analytics
OFF-MARKET
Estimated value
$630,000
Office buildings
4243 Lakewood Way Lees Summit, MO 64064-1861
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US48-0865973
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2003
Construction
WOOD
Total area
5,488 SF
Lot
0.74 ac (32,234 SF)
APN
43-540-01-25
UPID
US48-0865973
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
-
Lindsi Davis, RE/MAX Elite, REALTORS Real Estate Agency
-
RE/MAX Elite, Realtors - Jessica Smotherman, Your KC Realtor Real Estate Agency
-
Life Unlimited My Day - Lee's Summit Social Service Agency
-
Dennis Allaman Real Estate Agency
-
Judy Engle, RE/MAX Elite, REALTORS Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$608k
Blend (final)
Blend
$630k
Owner & transaction history
Life Unlimited INC · 4 yrs held
Life Unlimited INC
since 2022
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$975,000
+89.2%
Retail stores
$690,000
+34.2%
Restaurant
$630,000
+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
$515,000
Current use
COMMERCIAL (GENERAL)
$975,000
Change: +89% · Conversion: Easy
RETAIL STORES
$690,000
Change: +34% · Conversion: Moderate
RESTAURANT
$630,000
Change: +22% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$605,000
Change: +18% · Conversion: Difficult
AUTO REPAIR, GARAGE
$565,000
Change: +10% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$560,000
Change: +9% · Conversion: Easy
Blend value · Realmo final
$630k
Range $567k – $693k · ±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
$115 / 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
$13,504
Tax year 2024
Assessed value
$321,984
Assessed 2024
Previous assessed
$321,984
+0.0% YoY
Effective rate
4.19%
On assessed value
Assessed land
$164,416
Assessed improvement
$157,568
Total market value
$1,006,200
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
2003
Construction
WOOD
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Total area
5,488 SF
Lot
0.74 ac (32,234 SF)
APN
43-540-01-25
UPID
US48-0865973
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
$515,000
COMMERCIAL (GENERAL)
Est. value
$975,000
RETAIL STORES
Est. value
$690,000
RESTAURANT
Est. value
$630,000
INDUSTRIAL (GENERAL)
Est. value
$605,000
AUTO REPAIR, GARAGE
Est. value
$565,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$560,000
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
2003
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
0.74 ac
Current owner
From public records · entity-resolved
Life Unlimited INC
Entity
Mailing address
320 ARMOUR RD STE #101, NORTH KANSAS CITY, MO 64116-3544
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 23, 2022
—
Life Unlimited INC
Tygart Investments LLC
Special Warranty Deed
$920,000 · Country Club Bank
Sep 10, 2002
—
Tygart Investments LLC
Tygart,rodger C & Antoinette K
Quit Claim Deed
related
—
Sep 12, 2001
—
Rodger C Tygart
—
Trustees Deed
related
$770,000 · First National Bank Missouri
—
—
Tygart Investments LLC
—
Deed Of Trust
related
$1,008,000 · First Financial Bank NA
—
—
Tygart Investments LLC
—
Deed Of Trust
related
$50,000 · First Financial Bank NA
—
—
Rodger C Tygart
—
Deed Of Trust
related
$50,000 · First National Bank Missouri
—
—
Tygart Investments LLC
—
Deed Of Trust
related
$820,000 · First National Bank Missouri
—
—
Tygart Investments LLC
—
Deed Of Trust
related
$772,787 · Central Bk/the Midwest
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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