Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$9,595,000
Garden apartment buildings
6500 91st St Overland Park, KS 66212-6001
Entity Owned
Absentee Owner
Free & Clear
Property ID
US33-0365116
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1985
Construction
FRAME
Total area
68,224 SF
Lot
20.8 ac (906,048 SF)
Zoning code
RP3
APN
NP09000001 0001
UPID
US33-0365116
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
-
Cedar Crest Apartments Apartment Complex Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$11.01M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.60M
Owner & transaction history
CEDAR CREST APARTMENTS, LLC
CEDAR CREST APARTMENTS, LLC
Zoning & alternative use
RP3 · Overland Park, KS
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$11.8M
+8.1%
Office building
$11.0M
+0.2%
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 Overland Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Overland Park 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%
$11,930,000
6.5%
$11,010,000
7%
$10,225,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$10,940,000
Current use
RESTAURANT
$11,830,000
Change: +8% · Conversion: Difficult
OFFICE BUILDING
$10,965,000
Change: +0% · Conversion: Moderate
Blend value · Realmo final
$9.60M
Range $8.64M – $10.55M · ±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
$141 / 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
$266,296
Tax year 2023
Assessed value
$2,581,175
Assessed 2023
Previous assessed
$2,380,845
+8.4% YoY
Effective rate
10.32%
On assessed value
Assessed land
$390,464
Assessed improvement
$2,190,711
Land market value
$3,395,340
Improvement market value
$19,049,660
Total market value
$22,445,000
Applied tax rate
660.0000
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
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
1985
Construction
FRAME
Heating
NONE
Cooling
AC.PACKAGE
Buildings
10
Stories
2
Units
16
Bathrooms
8
Total area
68,224 SF
Lot
20.8 ac (906,048 SF)
Zoning code
RP3
APN
NP09000001 0001
UPID
US33-0365116
Jurisdiction
JOHNSON
Zoning & alternative use
RP3 · Overland Park, KS
Zoning RP3 · permitted uses
RP3 · Overland Park, KS
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Overland Park. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$10.9M
RESTAURANT
Est. value
$11.8M
OFFICE BUILDING
Est. value
$11.0M
APARTMENT HOUSE (5+ UNITS) Current
RESTAURANT
OFFICE 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
1985
Construction
FRAME
Heating
NONE
Cooling
Yes
Stories
2
Buildings
10
Units
16
Bathrooms
8
Lot
20.8 ac
Current owner
From public records · entity-resolved
CEDAR CREST APARTMENTS, LLC
Entity
Free & Clear · 0 yrs held
Mailing address
10000 W 75TH ST STE #100, MERRIAM, KS 66204-2241
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.
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 6500 91st St?
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.
