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    Property profile & analytics

    5015 Merriam Dr Shawnee, KS 66203-1729

    • Retail space
    • 336 SF
    • 0.08 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Dec 18, 2023
    Location Intelligence
    Property ID
    US33-0402051
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Retail space

    Property Details for 5015 Merriam Dr

    Year built
    1920
    Construction
    FRAME
    Lot size
    0.08 lot acres
    Property size
    336 SF
    Zone code
    C1
    Property type
    Retail space
    APN
    JP73000003 0005
    APU
    JP730000030005

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Shawnee
    County
    Johnson
    State
    Kansas
    Longitude
    -94.6874
    Latitude
    39.0378
    CBSA code
    28140
    CBSA name
    KANSAS CITY, MO-KS METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,343
    $3,131
    $10,170
    $13,301
    -
    $17,680
    $56,690
    $74,370

    Comparable in this City

    • Value Estimation by Request
      0.09 Acres

      Shawnee, KS 66203

      RETAIL STORES (PERSONAL SERVICES) • 0.09 Acres
      Shawnee, KS 66203
      View Details
    • Value Estimation by Request
      1,032 SF

      5031 Merriam Dr

      RETAIL STORES (PERSONAL SERVICES) • 1,032 SF
      5031 Merriam Dr, Shawnee, KS 66203-1789
      View Details
    • Value Estimation by Request
      1,632 SF

      6020 Nieman Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,632 SF
      6020 Nieman Rd, Shawnee, KS 66203-2938
      View Details
    • Value Estimation by Request
      4,817 SF

      11217 Johnson Dr

      RETAIL STORES (PERSONAL SERVICES) • 4,817 SF
      11217 Johnson Dr, Shawnee, KS 66203-2751
      View Details
    • Value Estimation
      $345,000
      0.43 Acres

      6339 Goddard Ave

      RETAIL STORES (PERSONAL SERVICES) • 0.43 Acres
      6339 Goddard Ave, Shawnee, KS 66203
      View Details
    • Value Estimation
      $325,000
      1,430 SF

      5853 Merriam Dr

      RETAIL STORES (PERSONAL SERVICES) • 1,430 SF
      5853 Merriam Dr, Shawnee, KS 66203-2550
      View Details

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    Similar Nearby for Lease

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      Shawnee Commercial Space For Lease

      Commercial space in Shawnee's Town Square district, suitable for retail/office.
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      Pending

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      198,715 SF

      Lenexa Warehouse with Tax Abatement

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    Shawnee, KS 66203-1729
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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