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Property profile & analytics
OFF-MARKET
Estimated value
$1,630,000
Medical Office Space
4313 State Ave Kansas City, KS 66102-3734
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US33-0533473
Property profile
Verified
Property type
Medical Office Space
Use group
DENTAL BUILDING
Year built
2006
Total area
17,360 SF
Lot
1.97 ac (85,639 SF)
APN
292702
UPID
US33-0533473
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
-
Lisa M. Green MD Pediatrician Medical Clinic
-
Dr. Stephen P. Schaum, MD Pediatrician Medical Clinic
-
Lorraine A. Brewer DO Physician
-
Michelle Haley, MD Pediatrician Medical Clinic
-
Mrs. Harriett Navarre Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.60M
Blend (final)
Blend
$1.63M
Owner & transaction history
Industrial Lease II Propco LLC · 8 yrs held
Industrial Lease II Propco LLC
since 2018
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.5M
+109.1%
Office building
$2.2M
+84.6%
Auto repair, garage
$2.0M
+64.0%
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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,210,000
Current use
RESTAURANT
$2,530,000
Change: +109% · Conversion: Difficult
OFFICE BUILDING
$2,235,000
Change: +85% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,985,000
Change: +64% · Conversion: Difficult
RETAIL STORES
$1,775,000
Change: +47% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,470,000
Change: +21% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$1,265,000
Change: +5% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$1,185,000
Change: -2% · Conversion: Difficult
Blend value · Realmo final
$1.63M
Range $1.47M – $1.79M · ±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
$94 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$149,392
Tax year 2023
Assessed value
$908,500
Assessed 2023
Previous assessed
$943,098
-3.7% YoY
Effective rate
16.44%
On assessed value
Assessed land
$44,535
Assessed improvement
$863,965
Land market value
$178,140
Improvement market value
$3,455,860
Total market value
$3,634,000
Applied tax rate
10.0000
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
Medical Office Space
Use group
DENTAL BUILDING
Status
Off-Market
Year built
2006
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
17,360 SF
Lot
1.97 ac (85,639 SF)
APN
292702
UPID
US33-0533473
Jurisdiction
WYANDOTTE
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
MEDICAL BUILDING Current
Est. value
$1.2M
RESTAURANT
Est. value
$2.5M
OFFICE BUILDING
Est. value
$2.2M
AUTO REPAIR, GARAGE
Est. value
$2.0M
RETAIL STORES
Est. value
$1.8M
COMMERCIAL (GENERAL)
Est. value
$1.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.3M
INDUSTRIAL (GENERAL)
Est. value
$1.2M
MEDICAL BUILDING Current
RESTAURANT
OFFICE BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
INDUSTRIAL (GENERAL)
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
2006
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
1.97 ac
Current owner
From public records · entity-resolved
Industrial Lease II Propco LLC
Entity
Mailing address
11755 WILSHIRE BLVD STE #1350, LOS ANGELES, CA 90025-1540
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 4, 2022
—
Industrial Lease II Propco LLC
—
Deed
related
$55,590,000 · Natixis Real Estate Capital LLC
Jan 4, 2018
—
Industrial Lease II Propco LLC
Nl Ventures Ix State LLC
Special Warranty Deed
$101,530,000 · Natixis Real Estate Capital LLC
Nov 13, 2013
$3,700,000
Nl Ventures Ix State L L C
Bcb LLC
Special Warranty Deed
—
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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