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Property profile & analytics
OFF-MARKET
Estimated value
$3,710,000
Garden apartment buildings
7530 Cody St Shawnee, KS 66214-1365
Entity Owned
3-yr Hold
Free & Clear
Property ID
US33-0509061
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1971
Construction
FRAME
Total area
192,390 SF
Lot
23.01 ac (1,002,316 SF)
Zoning code
PD
APN
QF241223-2010
UPID
US33-0509061
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
$3.71M
Owner & transaction history
Spectrum Mid America LLC · 3 yrs held
Spectrum Mid America LLC
since 2023
4 recorded transactions
Zoning & alternative use
PD · Shawnee, KS
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 Shawnee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Shawnee 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
$19 / 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
$665,116
Tax year 2023
Assessed value
$5,876,270
Assessed 2023
Previous assessed
$5,359,115
+9.7% YoY
Effective rate
11.32%
On assessed value
Assessed land
$432,239
Assessed improvement
$5,444,031
Land market value
$3,758,600
Improvement market value
$47,339,400
Total market value
$51,098,000
Applied tax rate
626.0000
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
1971
Construction
FRAME
Heating
NONE
Cooling
AC.PACKAGE
Buildings
5
Stories
2
Units
23
Bathrooms
10
Total area
192,390 SF
Lot
23.01 ac (1,002,316 SF)
Zoning code
PD
APN
QF241223-2010
UPID
US33-0509061
Jurisdiction
JOHNSON
Zoning & alternative use
PD · Shawnee, KS
Zoning PD · permitted uses
PD · Shawnee, KS
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Shawnee. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1971
Construction
FRAME
Heating
NONE
Cooling
Yes
Stories
2
Buildings
5
Units
23
Bathrooms
10
Lot
23.01 ac
Current owner
From public records · entity-resolved
Spectrum Mid America LLC
Entity
Free & Clear · 3 yrs held
Ownership since
2023
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
Nov 13, 2024
—
Ceai Carlyle LLC
—
Deed
related
$35,352,000 · Walker & Dunlop LLC
Jun 6, 2023
—
Spectrum Mid America LLC
Ceai Carylellc
Agreement Of Sale
—
Dec 14, 2021
—
Shawnee Multifamily LLC
—
Deed
related
$40,827,500 · Multifamily Mortgage Pass Through Certif
Mar 5, 2007
—
Mcn Shawnee LLC
Wxi Mcn Subs Real Estate LP
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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