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Property profile & analytics
OFF-MARKET
Estimated value
$780,000
Garden apartment buildings
4245 Clark Ave 211, Kansas City, MO 64111-4579
Entity Owned
20-yr Hold
Absentee Owner
Free & Clear
Property ID
US48-0321159
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
2002
Construction
WOOD
Total area
4,675 SF
Lot
5.78 ac (251,777 SF)
Zoning code
URD
APN
30-340-30-20
UPID
US48-0321159
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
$485k
CAP Approach
CAP
$770k
Comparable Approach
Comparable
$786k
Blend (final)
Blend
$780k
Owner & transaction history
Cp Westport Holdings LLC · 20 yrs held
Cp Westport Holdings LLC
since 2005
1 recorded transaction
Zoning & alternative use
URD · Kansas City, MO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$830,000
+35.6%
Retail stores
$735,000
+19.7%
Auto repair, garage
$635,000
+3.8%
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
$485,000
CAP Approach
CAP Return
Estimation
6%
$835,000
6.5%
$770,000
7%
$715,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$615,000
Current use
OFFICE BUILDING
$830,000
Change: +36% · Conversion: Moderate
RETAIL STORES
$735,000
Change: +20% · Conversion: Difficult
AUTO REPAIR, GARAGE
$635,000
Change: +4% · Conversion: Difficult
WAREHOUSE, STORAGE
$635,000
Change: +3% · Conversion: Difficult
Blend value · Realmo final
$780k
Range $702k – $858k · ±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
$167 / 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
$528,060
Tax year 2024
Assessed value
$6,754,500
Assessed 2024
Previous assessed
$6,754,500
+0.0% YoY
Effective rate
7.82%
On assessed value
Assessed land
$715,445
Assessed improvement
$6,039,055
Total market value
$35,550,000
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
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
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
2002
Construction
WOOD
Heating
YES
Cooling
AC.PACKAGE
Buildings
7
Stories
1
Total area
4,675 SF
Lot
5.78 ac (251,777 SF)
Zoning code
URD
APN
30-340-30-20
UPID
US48-0321159
Jurisdiction
JACKSON
Zoning & alternative use
URD · Kansas City, MO
Zoning URD · permitted uses
URD · Kansas City, MO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Kansas City. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$615,000
OFFICE BUILDING
Est. value
$830,000
RETAIL STORES
Est. value
$735,000
AUTO REPAIR, GARAGE
Est. value
$635,000
WAREHOUSE, STORAGE
Est. value
$635,000
APARTMENT HOUSE (5+ UNITS) Current
OFFICE BUILDING
RETAIL STORES
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
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
2002
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Buildings
7
Lot
5.78 ac
Current owner
From public records · entity-resolved
Cp Westport Holdings LLC
Entity
Free & Clear · 20 yrs held
Mailing address
701 WESTPORT RD, KANSAS CITY, MO 64111-3129
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2005
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
Oct 14, 2005
—
Cp Westport Holdings LLC
Eqr-westport LLC
Grant 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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