Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$555,000
Warehouses
5420 Martindale Rd Shawnee, KS 66218-9680
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US33-0405887
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1995
Construction
FRAME
Total area
9,600 SF
Lot
1.3 ac (56,628 SF)
Zoning code
PI
APN
QP44550001 0001
UPID
US33-0405887
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
$480k
CAP Approach
CAP
$555k
Comparable Approach
Comparable
$553k
Blend (final)
Blend
$555k
Owner & transaction history
The Hirner Group LLC · 4 yrs held
The Hirner Group LLC
since 2021
4 recorded transactions
Zoning & alternative use
PI · Shawnee, KS
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$780,000
+45.1%
Auto repair, garage
$730,000
+35.6%
Neighborhood: shopping center
$645,000
+20.0%
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 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
$480,000
CAP Approach
CAP Return
Estimation
6%
$600,000
6.5%
$555,000
7%
$515,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$540,000
Current use
RETAIL STORES
$780,000
Change: +45% · Conversion: Moderate
AUTO REPAIR, GARAGE
$730,000
Change: +36% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$645,000
Change: +20% · Conversion: Moderate
COMMERCIAL (GENERAL)
$515,000
Change: -5% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$440,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$555k
Range $500k – $611k · ±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
$58 / 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
$26,317
Tax year 2023
Assessed value
$215,500
Assessed 2023
Previous assessed
$203,126
+6.1% YoY
Effective rate
12.21%
On assessed value
Assessed land
$42,405
Assessed improvement
$173,095
Land market value
$169,620
Improvement market value
$692,380
Total market value
$862,000
Applied tax rate
632.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1995
Construction
FRAME
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
9,600 SF
Lot
1.3 ac (56,628 SF)
Zoning code
PI
APN
QP44550001 0001
UPID
US33-0405887
Jurisdiction
JOHNSON
Zoning & alternative use
PI · Shawnee, KS
Zoning PI · permitted uses
PI · 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
$540,000
RETAIL STORES
Est. value
$780,000
AUTO REPAIR, GARAGE
Est. value
$730,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$645,000
COMMERCIAL (GENERAL)
Est. value
$515,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$440,000
WAREHOUSE, STORAGE Current
RETAIL STORES
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
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
1995
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
1.3 ac
Current owner
From public records · entity-resolved
The Hirner Group LLC
Entity
Mailing address
12507 HEMLOCK ST, OVERLAND PARK, KS 66213-1453
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 12, 2021
—
Hirner Group LLC
—
Deed
related
$410,000 · Central Bank Of The Midwest
Aug 10, 2021
—
The Hirner Group LLC
Four Paws LLC
Warranty Deed
$512,500 · Central Bank Of The Midwest
Feb 6, 2017
—
Four Paws LLC
—
Deed
related
$330,000 · Frontier Financial Partners INC
Sep 27, 2016
—
Four Paws LLC
Mpm LLC
Warranty Deed
$720,000 · First National Bank Of Omaha
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 5420 Martindale Rd?
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.
