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Property profile & analytics
OFF-MARKET
Estimated value
$530,000
Automotive properties
820 Rogers Rd Olathe, KS 66062-5423
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US33-0348279
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
2005
Construction
CONCRETE BLOCKS
Total area
8,676 SF
Lot
2.72 ac (118,483 SF)
Zoning code
CP-3
APN
DP26950000 0001
UPID
US33-0348279
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
-
DriveTime Used Cars Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$555k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$509k
Blend (final)
Blend
$530k
Owner & transaction history
Project 8333 LLC · 4 yrs held
Project 8333 LLC
since 2022
5 recorded transactions
Zoning & alternative use
CP-3 · Olathe, KS
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
This district provides for mixed-use centers where designated in the Comprehensive Plan. This district includes pedestrian-scale development with commercial uses that draw from multiple neighborhoods. And the PD (Planned District) provides for development of office, research and development, light assembly, limited retail and service uses, and residential us…
Zone name
Planned Commercial Corridor
General category
PLANNED_DEVELOPMENT
Zone area
391.24 ac
Source
Realmo
Top alternative use upside
Neighborhood: shopping center
$595,000
+3.6%
Commercial (general)
$585,000
+1.5%
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 Olathe submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Olathe 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
$555,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$575,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$595,000
Change: +4% · Conversion: Difficult
COMMERCIAL (GENERAL)
$585,000
Change: +2% · Conversion: Moderate
RETAIL STORES
$510,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$530k
Range $477k – $583k · ±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
$61 / 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
$33,987
Tax year 2023
Assessed value
$290,446
Assessed 2023
Previous assessed
$264,701
+9.7% YoY
Effective rate
11.70%
On assessed value
Assessed land
$103,788
Assessed improvement
$186,658
Land market value
$415,150
Improvement market value
$746,630
Total market value
$1,161,780
Applied tax rate
612.0000
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
2005
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
8,676 SF
Lot
2.72 ac (118,483 SF)
Zoning code
CP-3
APN
DP26950000 0001
UPID
US33-0348279
Jurisdiction
JOHNSON
Zoning & alternative use
CP-3 · Olathe, KSZoning CP-3 · permitted uses
CP-3 · Olathe, KS
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
This district provides for mixed-use centers where designated in the Comprehensive Plan. This district includes pedestrian-scale development with commercial uses that draw from multiple neighborhoods. And the PD (Planned District) provides for development of office, research and development, light assembly, limited retail and service uses, and residential uses in a mixed-use setting.
Zone name
Planned Commercial Corridor
General category
PLANNED_DEVELOPMENT
Zone area
391.24 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$575,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$595,000
COMMERCIAL (GENERAL)
Est. value
$585,000
RETAIL STORES
Est. value
$510,000
AUTO REPAIR, GARAGE Current
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
RETAIL STORES
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
2005
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Lot
2.72 ac
Current owner
From public records · entity-resolved
Project 8333 LLC
Entity
Mailing address
8918 W 21ST ST N STE #200, WICHITA, KS 67205-1880
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 12, 2022
—
Project 8333 LLC
Ljf LLC
Warranty Deed
$3,375,000 · Southwest National Bank
May 11, 2017
—
Ljf LLC
—
Deed
related
$2,225,000 · Bank Of Blue Valley
Nov 12, 2013
—
Ljf LLC
820 N Rogers Rd LLC
Warranty Deed
$1,760,000 · Metcalf Bank
Nov 21, 2012
—
820 N Rogers Rd LLC
T & R Realty Associates LLC
Warranty Deed
$1,560,000 · Wells Fargo Bank NA
Jun 23, 2009
—
T & R Realty Associates LLC
Jack Michael Realty LLC
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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