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Property profile & analytics
OFF-MARKET
Estimated value
$775,000
Outlet malls
7211 State Ave Kansas City, KS 66112-3002
Individually Owned
10-yr Hold
Free & Clear
Property ID
US33-0196053
Property summary
AI-generated overview
This exceptional 20,900-square-foot storefront property, located at 7211 State Ave in Kansas City, Kansas, presents a compelling investment opportunity. Boasting excellent visibility and convenient access to State Avenue, this single-story building, constructed in 1971, sits on a 1.22-acre lot and is zoned C-1 (limited business district). Approximately 2,000 square feet of the building is dedicated to warehouse space, efficiently served by two van-high loading doors. The property's strategic location and ample space make it ideal for a variety of retail uses. The asking price is $850,000, translating to a price per square foot of $40.67. The 2023 property tax assessment totaled $23,792. The property's APN is 927202. This prime location in Wyandotte County, Kansas, with its zip code 66112, offers significant potential for growth and return on investment. The property's size and zoning provide flexibility for a range of business ventures. This is a rare opportunity to acquire a substantial retail space in a high-traffic area. Serious inquiries are encouraged.
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
1971
Total area
20,448 SF
Lot
1.22 ac (53,317 SF)
APN
927202
UPID
US33-0196053
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
-
Home Rooms Furniture Furniture & Home Goods Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$680k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$870k
Blend (final)
Blend
$775k
Owner & transaction history
Steven L Beyer · 10 yrs held
Steven L Beyer
since 2016
3 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 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
$680,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$775k
Range $698k – $853k · ±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
$38 / 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
$23,793
Tax year 2023
Assessed value
$139,526
Assessed 2023
Previous assessed
$116,651
+19.6% YoY
Effective rate
17.05%
On assessed value
Assessed land
$33,623
Assessed improvement
$105,903
Land market value
$134,490
Improvement market value
$423,610
Total market value
$558,100
Applied tax rate
30.0000
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
1971
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
20,448 SF
Lot
1.22 ac (53,317 SF)
APN
927202
UPID
US33-0196053
Jurisdiction
WYANDOTTE
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
1971
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
1.22 ac
Current owner
From public records · entity-resolved
Steven L Beyer
Individual
Free & Clear · 10 yrs held
Mailing address
525 TER TRL E, LAKE QUIVIRA, KS 66217-8508
Ownership since
2016
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
Apr 8, 2025
—
Clr Heating And Cooling LLC
—
Deed
related
$210,000 · Emprise Bank
Apr 7, 2025
—
7211 State Avenue LLC
—
Deed
related
$700,000 · Emprise Bank A Kansas State-chartered Ba
Feb 25, 2016
—
Steven L Beyer
Broy INC
Special Warranty Deed
—
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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