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Property profile & analytics
FOR LEASE
Office buildings
900 SW Oldham Pkwy Lees Summit, MO 64081
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US48-0017527
For Lease
1 / 4
$18 SF/Yr
900 SW Oldham Pkwy, Lees Summit, MO 64081
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1984
Construction
WOOD
Total area
3,976 SF
Lot
0.54 ac (23,522 SF)
APN
61-420-03-01
UPID
US48-0017527
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
-
Michael Oehrke - State Farm Insurance Agent Insurance Agency
-
Don Clements - State Farm Insurance Insurance Agency
-
Heartland Church and Home Real Estate Agency
-
John S Clark Real Estate Real Estate Agency
-
KC Vintage Realty Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$690k
Comparable Approach
Comparable
$608k
Blend (final)
Blend
$650k
Owner & transaction history
900 Oldham LLC · 13 yrs held
900 Oldham LLC
since 2012
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$705,000
+48.5%
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 Lees Summit submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lees Summit 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%
$745,000
6.5%
$690,000
7%
$640,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$475,000
Current use
COMMERCIAL (GENERAL)
$705,000
Change: +49% · Conversion: Easy
WAREHOUSE, STORAGE
$470,000
Change: -1% · Conversion: Difficult
AUTO REPAIR, GARAGE
$410,000
Change: -14% · Conversion: Difficult
RETAIL STORES
$395,000
Change: -17% · Conversion: Moderate
Blend value · Realmo final
$650k
Range $585k – $715k · ±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
$163 / 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
$20,928
Tax year 2024
Assessed value
$243,200
Assessed 2024
Previous assessed
$243,200
+0.0% YoY
Effective rate
8.61%
On assessed value
Assessed land
$80,000
Assessed improvement
$163,200
Total market value
$760,000
Applied tax rate
49.0000
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
For Lease
Year built
1984
Construction
WOOD
Heating
YES
Cooling
AC.PACKAGE
Stories
2
Total area
3,976 SF
Lot
0.54 ac (23,522 SF)
APN
61-420-03-01
UPID
US48-0017527
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
OFFICE BUILDING Current
Est. value
$475,000
COMMERCIAL (GENERAL)
Est. value
$705,000
WAREHOUSE, STORAGE
Est. value
$470,000
AUTO REPAIR, GARAGE
Est. value
$410,000
RETAIL STORES
Est. value
$395,000
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
AUTO REPAIR, GARAGE
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
1984
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
2
Lot
0.54 ac
Current owner
From public records · entity-resolved
900 Oldham LLC
Entity
Mailing address
900 SW OLDHAM PKWY, LEES SUMMIT, MO 64081-2608
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 15, 2017
—
900 Oldham LLC
—
Deed
related
$476,000 · Bank Of The West
Jul 18, 2012
—
900 Oldham LLC
900 Sw LLC
Quit Claim Deed
related
$532,000 · State Farm Bank Fsb
Apr 5, 2007
—
900 Sw LLC
Munce Dev Corp
Warranty Deed
$650,000 · Security Bank Kansas City
Dec 1, 1999
—
Munce Development Corp
—
Deed Of Trust
related
$1,400,000 · Valley View State Bank
—
—
Munce Development Corp
—
Deed Of Trust
related
$448,631 · Bank Of Lees Summit
—
—
Munce Development Corp
—
Deed Of Trust
related
$471,369 · Bank Of Lees Summit
—
—
900 Oldham LLC
—
Deed Of Trust
related
$476,000 · Bank Of The West
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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