Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$565,000
Grocery and convenience stores
4815 Roe Blvd Roeland Park, KS 66205-1136
Entity Owned
3-yr Hold
Free & Clear
Property ID
US33-0184059
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1998
Construction
FRAME
Total area
3,535 SF
Lot
1.13 ac (49,223 SF)
Zoning code
CP-2
APN
PP62000000 0002
UPID
US33-0184059
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
$570k
CAP Approach
CAP
$565k
Comparable Approach
Comparable
$529k
Blend (final)
Blend
$565k
Owner & transaction history
Caseys Retail Company · 3 yrs held
Caseys Retail Company
since 2023
7 recorded transactions
Zoning & alternative use
CP-2 · Roeland Park, KS
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The zoning of property as CP-2, planned general business district, is intended to provide for all but the harshest commercial uses. Outside storage and display of merchandise is permitted in this district.
Zone name
Planned General Business
General category
COMMERCIAL
Zone area
39.62 ac
Source
code of ordinances
Top alternative use upside
Office building
$480,000
+101.6%
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 Roeland Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Roeland Park 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
$570,000
CAP Approach
CAP Return
Estimation
6%
$610,000
6.5%
$565,000
7%
$525,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$480,000
Change: +102% · Conversion: Moderate
Blend value · Realmo final
$565k
Range $509k – $622k · ±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
$160 / 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
$42,202
Tax year 2023
Assessed value
$342,048
Assessed 2023
Previous assessed
$269,943
+26.7% YoY
Effective rate
12.34%
On assessed value
Assessed land
$160,560
Assessed improvement
$181,488
Land market value
$642,240
Improvement market value
$725,950
Total market value
$1,368,190
Applied tax rate
722.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1998
Construction
FRAME
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
3,535 SF
Lot
1.13 ac (49,223 SF)
Zoning code
CP-2
APN
PP62000000 0002
UPID
US33-0184059
Jurisdiction
JOHNSON
Zoning & alternative use
CP-2 · Roeland Park, KSZoning CP-2 · permitted uses
CP-2 · Roeland Park, KS
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The zoning of property as CP-2, planned general business district, is intended to provide for all but the harshest commercial uses. Outside storage and display of merchandise is permitted in this district.
Zone name
Planned General Business
General category
COMMERCIAL
Zone area
39.62 ac
Source
code of ordinances
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$480,000
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
1998
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
1.13 ac
Current owner
From public records · entity-resolved
Caseys Retail Company
Entity
Free & Clear · 3 yrs held
Mailing address
1 SE CONVENIENCE BLVD, ANKENY, IA 50021-9672
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 25, 2023
—
Caseys Retail Company
Minit Mart LLC
Warranty Deed
—
Dec 26, 2018
—
Mint Mart LLC
Ta Operating LLC
Warranty Deed
—
Oct 2, 2015
—
Ta Operating LLC
Kansas City Retail And Convenience
Special Warranty Deed
—
Mar 8, 2013
—
Kansas City Retail And Convenience
Kansas Petroleum LLC
Special Warranty Deed
—
Mar 17, 2009
—
Kansas Petroleum LLC
Convenience Retailers LLC
Special Warranty Deed
—
Mar 13, 2008
—
Convenience Retailers LLC
Lease Plan North America LLC
Quit Claim Deed
related
—
Feb 11, 2008
—
Convenience Retailers LLC
Chase Manhattan Realty Leasing Corp
Quit Claim 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 4815 Roe Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
