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Property profile & analytics
OFF-MARKET
Warehouses
620 R D Mize Rd Blue Springs, MO 64014-2423
Entity Owned
8-yr Hold
Absentee Owner
Free & Clear
Property ID
US48-0471312
Property summary
AI-generated overview
This exceptional 6,084-square-foot warehouse in Blue Springs, Missouri, presents a rare opportunity for immediate occupancy. Located at 620 NW R D Mize Road, this single-tenant property boasts a prime location just one block east of Highway 7, ensuring excellent accessibility and visibility. The building, constructed within the last three years, is situated on a substantial 18,584-square-foot lot and features a single story design. The warehouse space is complemented by a convenient 10' x 14' office and two restrooms, enhancing functionality and practicality. Two 11' x 14' overhead doors provide easy access for loading and unloading. Ample parking is readily available, with the building enjoying complete access to adjacent parking areas. The property is zoned for commercial use (Comm) and its APN is 36-920-01-38-00-0-00-000. Lease terms are flexible, with the owner open to considering 2-3 year agreements. Don't miss this chance to secure this highly desirable warehouse space
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2021
Construction
WOOD
Total area
6,388 SF
Lot
0.43 ac (18,731 SF)
APN
36-920-01-38
UPID
US48-0471312
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Legacy Midwest Investments LLC · 8 yrs held
Legacy Midwest Investments LLC
since 2017
4 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 Blue Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Blue Springs 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
$17,367
Tax year 2024
Assessed value
$184,000
Assessed 2024
Previous assessed
$184,000
+0.0% YoY
Effective rate
9.44%
On assessed value
Assessed land
$40,000
Assessed improvement
$144,000
Total market value
$575,000
Applied tax rate
42.0000
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
2021
Construction
WOOD
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Total area
6,388 SF
Lot
0.43 ac (18,731 SF)
APN
36-920-01-38
UPID
US48-0471312
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
2021
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
0.43 ac
Current owner
From public records · entity-resolved
Legacy Midwest Investments LLC
Entity
Free & Clear · 8 yrs held
Mailing address
700 NW STATE RTE 7TH 7, BLUE SPRINGS, MO 64014-2753
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
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
Dec 5, 2017
—
Legacy Midwest Investments LLC
Owens,tim & Janet K
Quit Claim Deed
related
—
May 16, 2017
—
Tim Owens
Lecount,jerry
Warranty Deed
related
—
Feb 5, 2003
—
Jerry Lecount
Sailors Builders Co LLC
Grant Deed
$62,000 · Sailors Builders Co LLC
Oct 29, 2002
—
Sailors Building Co LLC
Sailors,bobby F & Kathleen A
Quit Claim Deed
related
—
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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