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Property profile & analytics
OFF-MARKET
Estimated value
$1,945,000
Retail space
4701 Town Ctr Dr Leawood, KS 66211-2037
Entity Owned
14-yr Hold
~
Est. High Equity
Property ID
US33-0605702
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2011
Construction
FRAME
Total area
14,122 SF
Lot
1.35 ac (58,806 SF)
Zoning code
SD
APN
HP98200000 0009
UPID
US33-0605702
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
$2.10M
Comparable Approach
Comparable
$1.79M
Blend (final)
Blend
$1.95M
Owner & transaction history
Alcock Boise LLC · 14 yrs held
Alcock Boise LLC
since 2012
2 recorded transactions
Zoning & alternative use
SD · Leawood, KS
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.5M
+113.4%
Office building
$1.8M
+60.7%
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 Leawood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Leawood 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%
$2,275,000
6.5%
$2,100,000
7%
$1,950,000
Alternative Use
Use
Estimation
RESTAURANT
$2,450,000
Change: +113% · Conversion: Easy
OFFICE BUILDING
$1,845,000
Change: +61% · Conversion: Easy
Blend value · Realmo final
$1.95M
Range $1.75M – $2.14M · ±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
$138 / 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
$93,279
Tax year 2023
Assessed value
$816,750
Assessed 2023
Previous assessed
$768,750
+6.2% YoY
Effective rate
11.42%
On assessed value
Assessed land
$337,175
Assessed improvement
$479,575
Land market value
$1,348,700
Improvement market value
$1,918,300
Total market value
$3,267,000
Applied tax rate
636.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2011
Construction
FRAME
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Total area
14,122 SF
Lot
1.35 ac (58,806 SF)
Zoning code
SD
APN
HP98200000 0009
UPID
US33-0605702
Jurisdiction
JOHNSON
Zoning & alternative use
SD · Leawood, KSZoning SD · permitted uses
SD · Leawood, KS
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
RESTAURANT
Est. value
$2.5M
OFFICE BUILDING
Est. value
$1.8M
RESTAURANT
OFFICE BUILDING
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
2011
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Lot
1.35 ac
Current owner
From public records · entity-resolved
Alcock Boise LLC
Entity
Mailing address
PO BOX 1159, DEERFIELD, IL 60015-6002
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 12, 2012
—
Alcock Boise LLC
Manor Rd Partners LLC
Special Warranty Deed
$6,400,000 · Bank Of America NA
Dec 7, 2010
—
Manor Rd Partners LLC
P B & J Development LLC
Special Warranty Deed
$5,772,000 · Crossfirst Bank
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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