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Property profile & analytics
OFF-MARKET
Estimated value
$8,645,000
Grocery and convenience stores
520 Commercial St Harrisonville, MO 64701-1634
Entity Owned
Absentee Owner
Free & Clear
Property ID
US48-1453950
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
2009
Total area
65,356 SF
Lot
6.2 ac (270,072 SF)
APN
13-31-51-400-000-028.000
UPID
US48-1453950
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
-
Price Chopper Pharmacy Pharmacy
-
Jeffrey S. Phillips, RPH Pharmacy
-
Western Union Bank Credit Union
-
Price Chopper Grocery & Convenience Store Food Market
-
Starbucks Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$9.79M
Comparable Approach
Comparable
$7.50M
Blend (final)
Blend
$8.65M
Owner & transaction history
HARRISONVILLE MARKETPLACE II LLC
HARRISONVILLE MARKETPLACE II LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$7.4M
+39.5%
Restaurant
$6.8M
+26.8%
Office building
$6.6M
+23.0%
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 Harrisonville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Harrisonville 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%
$10,605,000
6.5%
$9,790,000
7%
$9,090,000
Alternative Use
Use
Estimation
RETAIL STORES
$5,335,000
Current use
COMMERCIAL (GENERAL)
$7,445,000
Change: +40% · Conversion: Easy
RESTAURANT
$6,770,000
Change: +27% · Conversion: Easy
OFFICE BUILDING
$6,560,000
Change: +23% · Conversion: Easy
AUTO REPAIR, GARAGE
$6,530,000
Change: +22% · Conversion: Difficult
MEDICAL BUILDING
$5,335,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$8.65M
Range $7.78M – $9.51M · ±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
$132 / 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
$121,339
Tax year 2023
Assessed value
$1,673,110
Assessed 2023
Previous assessed
$1,673,110
+0.0% YoY
Effective rate
7.25%
On assessed value
Assessed land
$303,860
Assessed improvement
$1,369,250
Land market value
$949,570
Improvement market value
$4,278,910
Total market value
$5,228,480
Applied tax rate
5,713,001.0000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
2009
Heating
NONE
Stories
1
Total area
65,356 SF
Lot
6.2 ac (270,072 SF)
APN
13-31-51-400-000-028.000
UPID
US48-1453950
Jurisdiction
CASS
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
RETAIL STORES Current
Est. value
$5.3M
COMMERCIAL (GENERAL)
Est. value
$7.4M
RESTAURANT
Est. value
$6.8M
OFFICE BUILDING
Est. value
$6.6M
AUTO REPAIR, GARAGE
Est. value
$6.5M
MEDICAL BUILDING
Est. value
$5.3M
RETAIL STORES Current
COMMERCIAL (GENERAL)
RESTAURANT
OFFICE BUILDING
AUTO REPAIR, GARAGE
MEDICAL 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
2009
Heating
NONE
Stories
1
Lot
6.2 ac
Current owner
From public records · entity-resolved
HARRISONVILLE MARKETPLACE II LLC
Entity
Free & Clear · 0 yrs held
Mailing address
10550 S WARWICK ST, OLATHE, KS 66061-6685
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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