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Property profile & analytics
OFF-MARKET
Office buildings
8040 Parallel Pkwy Kansas City, KS 66112-2009
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US33-0614078
Property summary
AI-generated overview
8040 Office Park, located at 8040 Parallel Pkwy, Kansas City, KS 66112, offers a diverse range of office spaces within a four-building complex. This traditional office property, situated near 81st Street in Wyandotte County, boasts a total of 14,040 square feet across ten suites. The property features a minimum divisible space of 200 square feet and a maximum contiguous space of 2,160 square feet, currently offering 2,160 square feet of vacant space. Built in 1972 and renovated in 2020, the two-story Class C building sits on a 1.459-acre lot and provides a 4.62 parking ratio. The property is zoned C-O and is ideally suited for professional services businesses. The landlord is open to investing in tenant build-outs for qualified tenants and lease terms. Current tenants include a diverse mix of businesses, creating a vibrant and established community. This location offers excellent access and visibility.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1973
Total area
2,160 SF
Lot
2.24 ac (97,357 SF)
APN
256600
UPID
US33-0614078
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
-
Kyle Wright - State Farm Insurance Agent Insurance Agency
-
Skilled Hands Hair Salon Nail Salon
-
Yours Truly Hair Salon Nail Salon
-
Hard Money Lenders Kansas City KS Loan Service Bank
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
Aaa Commercial Properties LLC · 1 yrs held
Aaa Commercial Properties LLC
since 2025
4 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
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
$34,849
Tax year 2023
Assessed value
$211,925
Assessed 2023
Previous assessed
$228,775
-7.4% YoY
Effective rate
16.44%
On assessed value
Assessed land
$48,485
Assessed improvement
$163,440
Land market value
$193,940
Improvement market value
$653,760
Total market value
$847,700
Applied tax rate
10.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1973
Heating
YES
Cooling
YES
Buildings
4
Stories
1
Units
7
Total area
2,160 SF
Lot
2.24 ac (97,357 SF)
APN
256600
UPID
US33-0614078
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
1973
Heating
YES
Cooling
Yes
Stories
1
Buildings
4
Units
7
Lot
2.24 ac
Current owner
From public records · entity-resolved
Aaa Commercial Properties LLC
Entity
Mailing address
PO BOX 860861, SHAWNEE, KS 66286-0861
Ownership since
2025
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
Jun 30, 2025
—
Aaa Commercial Properties LLC
Vaught Properties LLC
Warranty Deed
$980,000 · Central Trust Bank
Jan 24, 2024
—
Vaught Properties LLC
—
Deed
related
$250,000 · Central Trust Bank
Oct 12, 2016
—
Vaught Properties LLC
Shout Enterprises LLC
Warranty Deed
$600,000 · Central Bank Of The Midwest
Sep 29, 2006
—
Vaught Properties LLC
Amos Coleman
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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