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Property profile & analytics
OFF-MARKET
Estimated value
$650,000
Office Spaces
909 Walnut St 2 Kansas City, MO 64106-2038
Entity Owned
7-yr Hold
Free & Clear
Property ID
US48-0639485
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
1931
Construction
STEEL FRAME
Total area
16,614 SF
Lot
0.38 ac (16,553 SF)
APN
29-220-33-15-00-0-02-001
UPID
US48-0639485
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
-
909 Walnut Garage Parking Lot & Garage
-
EPR Properties Real Estate Agency
-
909 Walnut Apartment Building Apartment Complex
-
Barr w Kent MD Physician
-
ChargePoint Charging Station Electric Vehicle Charging Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$485k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$812k
Blend (final)
Blend
$650k
Owner & transaction history
Wi 909 Walnut LLC · 7 yrs held
Wi 909 Walnut LLC
since 2018
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
$485,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,045,000
Change: -5% · Conversion: Easy
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
$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
$2,531
Tax year 2024
Assessed value
$668,000
Assessed 2024
Previous assessed
$668,000
+0.0% YoY
Effective rate
0.38%
On assessed value
Assessed land
$55,520
Assessed improvement
$612,480
Total market value
$2,087,500
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
Office Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
1931
Construction
STEEL FRAME
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Total area
16,614 SF
Lot
0.38 ac (16,553 SF)
APN
29-220-33-15-00-0-02-001
UPID
US48-0639485
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
COMMERCIAL (GENERAL)
Est. value
$1.0M
COMMERCIAL (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
1931
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Stories
1
Lot
0.38 ac
Current owner
From public records · entity-resolved
Wi 909 Walnut LLC
Entity
Free & Clear · 7 yrs held
Mailing address
1220 WASHINGTON ST STE #200, KANSAS CITY, MO 64105-1439
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
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
Dec 27, 2018
—
Wi 909 Walnut LLC
909 Walnut Tower LLC
Quit Claim Deed
related
—
Nov 25, 2015
—
909 Walnut Tower LLC
911 E Walnut LLC
Quit Claim Deed
related
$26,500,000 · Miscellaneous Ins Co
Jun 13, 2011
—
911 E Walnut LLC
—
Deed Of Trust
related
$30,000,000 · Wells Fargo Bank
Aug 6, 2009
—
911 E Walnut LLC
—
Deed Of Trust
related
$30,000,000 · Wells Fargo Bk
Dec 23, 2008
—
Kramer,paul H
911 E Walnut LLC
Grant Deed
$380,000 · Commerce Bk
—
—
911 E Walnut LLC
—
Loan Modification
related
$25,275,000 · Wells Fargo Bk
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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