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Property profile & analytics
OFF-MARKET
Garden apartment buildings
6801 138th Ter Overland Park, KS 66223-7805
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US33-0407825
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
2006
Construction
FRAME
Total area
11,660 SF
Lot
18.34 ac (798,890 SF)
Zoning code
RP-5
APN
NP13030000 0001
UPID
US33-0407825
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
-
Corbin Crossing Apartment Building Apartment Rental Agency
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
Corbin Crossing LLC · 7 yrs held
Corbin Crossing LLC
since 2019
Last sale
$67.6M
2 recorded transactions
Zoning & alternative use
RP-5 · Overland Park, KS
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
P-4 Planned Cluster Housing District 18.220.010 Statement of Intent 18.220.020 Permitted Uses 18.220.030 Height and Area Regulations 18.220.040 Parking Regulations 18.220.050 Development and Performance Standards 18.230 RP-5 Planned Apartment House District 18.230.010 Statement of Intent 18.230.020 Permitted Uses 18.230.030 Height and Area Regulations 18.230…
Zone name
Planned Apartment House
General category
OPEN_SPACE
Zone area
320.76 ac
Source
doc view
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
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 2023Property tax & assessments
Tax year 2023
Tax billed
$722,761
Tax year 2023
Assessed value
$6,759,125
Assessed 2023
Previous assessed
$6,145,255
+10.0% YoY
Effective rate
10.69%
On assessed value
Assessed land
$551,088
Assessed improvement
$6,208,037
Land market value
$4,792,070
Improvement market value
$53,982,930
Total market value
$58,775,000
Applied tax rate
666.0000
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
2006
Construction
FRAME
Heating
NONE
Cooling
AC.PACKAGE
Buildings
13
Stories
2
Units
8
Bathrooms
9
Total area
11,660 SF
Lot
18.34 ac (798,890 SF)
Zoning code
RP-5
APN
NP13030000 0001
UPID
US33-0407825
Jurisdiction
JOHNSON
Zoning & alternative use
RP-5 · Overland Park, KSZoning RP-5 · permitted uses
RP-5 · Overland Park, KS
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
P-4 Planned Cluster Housing District 18.220.010 Statement of Intent 18.220.020 Permitted Uses 18.220.030 Height and Area Regulations 18.220.040 Parking Regulations 18.220.050 Development and Performance Standards 18.230 RP-5 Planned Apartment House District 18.230.010 Statement of Intent 18.230.020 Permitted Uses 18.230.030 Height and Area Regulations 18.230.040 Parking Regulations 18.230.050 Development and Performance Standards 18.240 RP-
Zone name
Planned Apartment House
General category
OPEN_SPACE
Zone area
320.76 ac
Source
doc view
Building & site characteristics
From public records
Year built
2006
Construction
FRAME
Heating
NONE
Cooling
Yes
Stories
2
Buildings
13
Units
8
Bathrooms
9
Lot
18.34 ac
Current owner
From public records · entity-resolved
Corbin Crossing LLC
Entity
Mailing address
7701 FORSYTH BLVD STE #900, SAINT LOUIS, MO 63105-1840
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 19, 2019
—
Corbin Crossing LLC
Corbin Crossing Associates Owner Ll
Special Warranty Deed
$32,620,000 · Walker & Dunlop LLC
Apr 24, 2015
—
Corbin Crossing Associates Owner Ll
Amfp I Corbin Crossing LLC
Special Warranty Deed
$32,600,000 · Northmarq Capital LLC
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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