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Property profile & analytics
OFF-MARKET
Estimated value
$5,460,000
Medical Office Space
8919 Parallel Pkwy Kansas City, KS 66112-1636
Individually Owned
9-yr Hold
Free & Clear
Property ID
US33-0914667
Property summary
AI-generated overview
This exceptional Class B medical office building, Wyandot Medical Towers, located at 8919 Parallel Pkwy, Kansas City, KS 66112, offers a prime opportunity for medical professionals seeking flexible and modern workspace. The building boasts a total of 23,350 square feet, currently featuring 7,000 square feet of immediately available space. This space is divisible to a minimum of 400 square feet, with a maximum contiguous space of 7,000 square feet, perfect for a variety of medical practices, from solo practitioners to larger groups. The building is situated in Wyandotte County and is conveniently located in Kansas City, Kansas. The single suite configuration provides a unique opportunity for a single tenant to occupy the entire available space or for multiple tenants to occupy smaller, divisible spaces. The property's "Medical Office" designation ensures compliance with relevant regulations and provides a suitable environment for healthcare operations. This is an excellent chance to establish or expand your medical practice in a well-located and adaptable building. Inquire today to learn more about leasing options and secure your ideal medical office space.
Property profile
Verified
Property type
Medical Office Space
Use group
DENTAL BUILDING
Year built
1978
Total area
65,474 SF
Lot
12.51 ac (544,805 SF)
APN
409301
UPID
US33-0914667
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
-
Dr. Matthew D. Tinnel, DDS Dental Office
-
Doctor’s Building Hospital
-
Huerter Orthodontics Dental Office
-
Thompson Orthodontics: R. Wayne Thompson DDS Dental Office
-
Midwest Oral & Maxillofacial Surgery Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.06M
Blend (final)
Blend
$5.46M
Owner & transaction history
Prime Healthcare Foundation Real Es · 9 yrs held
Prime Healthcare Foundation Real Es
since 2016
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$8.2M
+78.9%
Auto repair, garage
$7.5M
+64.1%
Retail stores
$6.3M
+38.8%
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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$4,565,000
Current use
OFFICE BUILDING
$8,165,000
Change: +79% · Conversion: Easy
AUTO REPAIR, GARAGE
$7,490,000
Change: +64% · Conversion: Difficult
RETAIL STORES
$6,335,000
Change: +39% · Conversion: Difficult
COMMERCIAL (GENERAL)
$5,540,000
Change: +21% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$4,490,000
Change: -2% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$4,465,000
Change: -2% · Conversion: Difficult
Blend value · Realmo final
$5.46M
Range $4.91M – $6.01M · ±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
$83 / 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
$360,174
Tax year 2023
Assessed value
$2,190,326
Assessed 2023
Previous assessed
$2,233,875
-1.9% YoY
Effective rate
16.44%
On assessed value
Assessed land
$160,133
Assessed improvement
$2,030,193
Land market value
$640,530
Improvement market value
$8,120,770
Total market value
$8,761,300
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
Medical Office Space
Use group
DENTAL BUILDING
Status
Off-Market
Year built
1978
Heating
YES
Cooling
YES
Buildings
2
Stories
4
Units
2
Total area
65,474 SF
Lot
12.51 ac (544,805 SF)
APN
409301
UPID
US33-0914667
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
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$4.6M
OFFICE BUILDING
Est. value
$8.2M
AUTO REPAIR, GARAGE
Est. value
$7.5M
RETAIL STORES
Est. value
$6.3M
COMMERCIAL (GENERAL)
Est. value
$5.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.5M
INDUSTRIAL (GENERAL)
Est. value
$4.5M
MEDICAL BUILDING Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
INDUSTRIAL (GENERAL)
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
1978
Heating
YES
Cooling
Yes
Stories
4
Buildings
2
Units
2
Lot
12.51 ac
Current owner
From public records · entity-resolved
Prime Healthcare Foundation Real Es
Individual
Free & Clear · 9 yrs held
Mailing address
3300 E GUASTI RD #3, ONTARIO, CA 91761-8655
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
Nov 14, 2016
—
Prime Healthcare Foundation Real Es
Prime Healthcare Foundation INC
Special Warranty Deed
—
Jan 4, 2016
—
Prime Healthcare Foundation INC
Prime A Investments LLC
Special Warranty Deed
—
Dec 24, 2014
—
Prime A Investments LLC
Prime Healthcare Services Providenc
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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