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Property profile & analytics
OFF-MARKET
Automotive properties
505 Blue Pkwy, Lees Summit, MO 64063-1867
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US48-0628331
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1971
Construction
WOOD
Total area
300 SF
Lot
7.84 ac (341,510 SF)
APN
62-110-04-15
UPID
US48-0628331
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
-
midwest financial Car Dealership
-
Don Kahan Collision & Glass Auto Repair Shop
-
Green Light Window Films Interior Design Auto Repair Shop
-
Drive Fast USA Car Dealership
-
Drive Fast Auto Body Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Blue 505 LLC · 1 yrs held
Blue 505 LLC
since 2024
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Lees Summit submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lees Summit 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$31,463
Tax year 2024
Assessed value
$365,632
Assessed 2024
Previous assessed
$365,632
+0.0% YoY
Effective rate
8.61%
On assessed value
Assessed land
$347,616
Assessed improvement
$18,016
Total market value
$1,142,600
Applied tax rate
49.0000
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1971
Construction
WOOD
Heating
YES
Stories
1
Total area
300 SF
Lot
7.84 ac (341,510 SF)
APN
62-110-04-15
UPID
US48-0628331
Jurisdiction
JACKSON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1971
Construction
WOOD
Heating
YES
Stories
1
Lot
7.84 ac
Current owner
From public records · entity-resolved
Blue 505 LLC
Entity
Mailing address
4520 MADISON AVE STE #300, KANSAS CITY, MO 64111-3541
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 17, 2024
—
Blue 505 LLC
—
Deed
related
$4,650,000 · Lead Bank
Feb 5, 2021
—
Blue 505 LLC
—
Deed
related
$2,360,000 · Central Bank Of The Midwest
May 14, 2018
—
Kahan,don B Trust
—
Deed
related
$495,000 · Security Bk/ks Cty
Mar 16, 2018
—
Kahan,don B Trust
—
Trustees Deed
related
$245,000 · Security Bk/ks Cty
—
—
Kahan,don B Tr
—
Deed Of Trust
related
$50,000 · Blue Ridge Bank & Trust Co
—
—
Kahan,don B Trust
—
Loan Modification
related
$495,000 · Security Bk/ks Cty
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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