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Property profile & analytics
OFF-MARKET
Estimated value
$600,000
Warehouses
5401 Hayes St Shawnee, KS 66203-2160
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US33-0277280
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1994
Construction
STEEL FRAME
Total area
10,130 SF
Lot
1.09 ac (47,480 SF)
Zoning code
PUG
APN
JF241201-4054
UPID
US33-0277280
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
$535k
CAP Approach
CAP
$585k
Comparable Approach
Comparable
$681k
Blend (final)
Blend
$600k
Owner & transaction history
Glen Hayes LLC · 3 yrs held
Glen Hayes LLC
since 2022
1 recorded transaction
Zoning & alternative use
PUG · Shawnee, KS
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$980,000
+94.1%
Commercial (general)
$815,000
+61.9%
Auto repair, garage
$760,000
+50.9%
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 Shawnee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Shawnee 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
$535,000
CAP Approach
CAP Return
Estimation
6%
$635,000
6.5%
$585,000
7%
$545,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$505,000
Current use
OFFICE BUILDING
$980,000
Change: +94% · Conversion: Difficult
COMMERCIAL (GENERAL)
$815,000
Change: +62% · Conversion: Difficult
AUTO REPAIR, GARAGE
$760,000
Change: +51% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$725,000
Change: +44% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$640,000
Change: +27% · Conversion: Difficult
Blend value · Realmo final
$600k
Range $540k – $660k · ±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
$59 / 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
$28,120
Tax year 2023
Assessed value
$257,501
Assessed 2023
Previous assessed
$200,251
+28.6% YoY
Effective rate
10.92%
On assessed value
Assessed land
$41,463
Assessed improvement
$216,038
Land market value
$165,850
Improvement market value
$864,150
Total market value
$1,030,000
Applied tax rate
608.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1994
Construction
STEEL FRAME
Heating
SPACE
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
10,130 SF
Lot
1.09 ac (47,480 SF)
Zoning code
PUG
APN
JF241201-4054
UPID
US33-0277280
Jurisdiction
JOHNSON
Zoning & alternative use
PUG · Shawnee, KS
Zoning PUG · permitted uses
PUG · Shawnee, KS
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Shawnee. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$505,000
OFFICE BUILDING
Est. value
$980,000
COMMERCIAL (GENERAL)
Est. value
$815,000
AUTO REPAIR, GARAGE
Est. value
$760,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$725,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$640,000
WAREHOUSE, STORAGE Current
OFFICE BUILDING
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
APARTMENT HOUSE (5+ UNITS)
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
1994
Construction
STEEL FRAME
Heating
SPACE
Cooling
Yes
Stories
1
Units
1
Lot
1.09 ac
Current owner
From public records · entity-resolved
Glen Hayes LLC
Entity
Mailing address
1604 W COPPER RDG DR, ORO VALLEY, AZ 85737-6774
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 23, 2022
—
Glen Hayes LLC
Pederson Property Group LLC
Special Warranty Deed
$953,854 · Cs 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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