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Property profile & analytics
OFF-MARKET
Estimated value
$540,000
Strip malls
8015 State Line Rd, Kansas City, MO 64114-2016
Entity Owned
12-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US48-3338691
Property summary
AI-generated overview
This exceptional retail opportunity presents 13,710 square feet of prime commercial space situated at 8015-8129 State Line Road in Kansas City, Missouri, within Jackson County. The property, known as RAE's Block Shopping Center, is a multi-tenant convenience/strip center offering a versatile layout ideal for a variety of retail businesses. Currently, there is 1,620 square feet of readily available space for lease, perfect for expansion or a new venture. The entire building encompasses 13,710 square feet, situated on a lot of equal size. The property's strategic location in the 64114 zip code provides excellent visibility and accessibility, ensuring high foot traffic and convenient access for customers. This is a fantastic chance to establish or grow your business in a thriving Kansas City neighborhood. The property's existing infrastructure and convenient layout make it an attractive option for businesses seeking a move-in ready space. The available space offers ample room for customization to suit individual business needs. Don't miss this opportunity to secure a prime retail location in a high-demand area. Contact us today to schedule a viewing and explore the possibilities.
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2002
Construction
WOOD
Total area
14,014 SF
Lot
1.13 ac (49,223 SF)
APN
47-930-03-07
UPID
US48-3338691
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
-
Subway Take-out & Catering
-
Kansas City Postcard Mural Resort
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$450k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$632k
Blend (final)
Blend
$540k
Owner & transaction history
State Line Commons Invtrs LLC · 12 yrs held
State Line Commons Invtrs LLC
since 2014
6 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
$450,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$515,000
Current use
Blend value · Realmo final
$540k
Range $486k – $594k · ±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
$39 / 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
$71,596
Tax year 2024
Assessed value
$773,600
Assessed 2024
Previous assessed
$773,600
+0.0% YoY
Effective rate
9.25%
On assessed value
Assessed land
$406,560
Assessed improvement
$367,040
Total market value
$2,417,500
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2002
Construction
WOOD
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Total area
14,014 SF
Lot
1.13 ac (49,223 SF)
APN
47-930-03-07
UPID
US48-3338691
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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$515,000
NEIGHBORHOOD: SHOPPING CENTER Current
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
2002
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
1.13 ac
Current owner
From public records · entity-resolved
State Line Commons Invtrs LLC
Entity
Mailing address
605 W 47TH ST STE #200, KANSAS CITY, MO 64112-1905
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 17, 2019
—
State Line Commons Invtrs LLC
—
Deed
related
$1,830,000 · Other Institutional Lenders
Jan 31, 2014
—
State Line Commons Invtrs LLC
Botwin Brothers LLC
Warranty Deed
$1,700,000 · Bankliberty
Aug 27, 2004
—
Botwin Family Partners
State Line Commons LLC
Grant Deed
$1,772,378 · Commercial Federal Bank
—
—
Botwin Family Partners LP
—
Deed Of Trust
related
$1,038,286 · Central Bk/ks Cty
—
—
State Line Commons Invtrs LLC
—
Deed Of Trust
related
$1,830,000 · Other Institutional Lenders
—
—
Botwin Family Partners
—
Deed Of Trust
related
$1,600,000 · M & I Marshall & Isley Bank
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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