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Property profile & analytics
OFF-MARKET
Estimated value
$550,000
Turn key restaurants
706 Westport Rd Kansas City, MO 64111-3130
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US48-3134454
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1950
Construction
WOOD
Total area
5,000 SF
Lot
0.27 ac (11,761 SF)
APN
30-340-24-12
UPID
US48-3134454
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
-
The Forest Dispensary - Kansas City (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$370k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$727k
Blend (final)
Blend
$550k
Owner & transaction history
Refuge Home Buyers LLC · 3 yrs held
Refuge Home Buyers LLC
since 2022
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$890,000
+37.9%
Retail stores
$785,000
+21.7%
Auto repair, garage
$680,000
+5.6%
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 Kansas City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kansas City 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
$370,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$645,000
Current use
OFFICE BUILDING
$890,000
Change: +38% · Conversion: Moderate
RETAIL STORES
$785,000
Change: +22% · Conversion: Easy
AUTO REPAIR, GARAGE
$680,000
Change: +6% · Conversion: Difficult
WAREHOUSE, STORAGE
$675,000
Change: +5% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$655,000
Change: +2% · Conversion: Difficult
Blend value · Realmo final
$550k
Range $495k – $605k · ±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
$110 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$37,742
Tax year 2024
Assessed value
$407,808
Assessed 2024
Previous assessed
$407,808
+0.0% YoY
Effective rate
9.25%
On assessed value
Assessed land
$175,104
Assessed improvement
$232,704
Total market value
$1,274,400
Applied tax rate
1.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1950
Construction
WOOD
Heating
YES
Cooling
CENTRAL
Stories
1
Total area
5,000 SF
Lot
0.27 ac (11,761 SF)
APN
30-340-24-12
UPID
US48-3134454
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
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$645,000
OFFICE BUILDING
Est. value
$890,000
RETAIL STORES
Est. value
$785,000
AUTO REPAIR, GARAGE
Est. value
$680,000
WAREHOUSE, STORAGE
Est. value
$675,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$655,000
RESTAURANT Current
OFFICE BUILDING
RETAIL STORES
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
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
1950
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
0.27 ac
Current owner
From public records · entity-resolved
Refuge Home Buyers LLC
Entity
Mailing address
425 LITERARY RD APT #100, CLEVELAND, OH 44113-4506
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 14, 2022
—
Refuge Home Buyers LLC
Stephanie Ellsworth
Warranty Deed
$1,500,000 · Triad Bank
May 24, 2017
—
Sebree Properties LLC
Triple B LLC
Grant Deed
$305,000 · Nbkc Bk
Sep 12, 2008
—
Triple B LLC
Triple S Lc
Quit Claim Deed
related
$480,000 · Kansas State Bank Manhattan
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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