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Property profile & analytics
OFF-MARKET
Estimated value
$955,000
Strip malls
9101 Metcalf Ave Overland Park, KS 66212-1404
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US33-0974670
Property summary
AI-generated overview
Glenwood Commons, a 16,063 square foot shopping center in Overland Park, Kansas, presents a compelling investment opportunity. This single-story, 2015-built property sits on a 1.41-acre lot at 9101 Metcalf Ave, zip code 66212, and boasts a 100% occupancy rate with eight tenants. The property operates under a triple-net (NNN) lease structure, offering a stabilized investment with a strong net operating income (NOI) of $376,080 and a 6.50% cap rate. The asking price is $5,790,000, translating to $361.06 per square foot. Conveniently located in the revitalized Metcalf Corridor, between Downtown Overland Park and I-435 and Metcalf, this center benefits from significant recent area improvements totaling over $769.5 million. The property features ample parking with a ratio of 5.5 spaces per 1,000 square feet. This multi-tenant retail center is anchored by a mix of successful national and regional businesses, ensuring a stable and attractive investment profile. The ground lease is in place.
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2014
Construction
FRAME
Total area
16,037 SF
Lot
1.41 ac (61,420 SF)
APN
NP24150000 0001
UPID
US33-0974670
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
-
AT&T Store Mobile Phone Store Electronics & Wireless Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$680k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.23M
Blend (final)
Blend
$955k
Owner & transaction history
Double T Enterprises LLC · 1 yrs held
Double T Enterprises LLC
since 2025
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.3M
+36.5%
Retail stores
$1.1M
+13.5%
Commercial (general)
$1.0M
+10.0%
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 Overland Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Overland Park 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
$680,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$945,000
Current use
AUTO REPAIR, GARAGE
$1,285,000
Change: +36% · Conversion: Difficult
RETAIL STORES
$1,070,000
Change: +14% · Conversion: Easy
COMMERCIAL (GENERAL)
$1,035,000
Change: +10% · Conversion: Easy
WAREHOUSE, STORAGE
$915,000
Change: -3% · Conversion: Difficult
Blend value · Realmo final
$955k
Range $860k – $1.05M · ±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
$60 / 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
$125,687
Tax year 2023
Assessed value
$1,257,000
Assessed 2023
Previous assessed
$1,142,138
+10.1% YoY
Effective rate
10.00%
On assessed value
Assessed land
$184,340
Assessed improvement
$1,072,660
Land market value
$737,360
Improvement market value
$4,290,640
Total market value
$5,028,000
Applied tax rate
660.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2014
Construction
FRAME
Heating
NONE
Cooling
AC.PACKAGE
Stories
1
Total area
16,037 SF
Lot
1.41 ac (61,420 SF)
APN
NP24150000 0001
UPID
US33-0974670
Jurisdiction
JOHNSON
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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$945,000
AUTO REPAIR, GARAGE
Est. value
$1.3M
RETAIL STORES
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$1.0M
WAREHOUSE, STORAGE
Est. value
$915,000
NEIGHBORHOOD: SHOPPING CENTER Current
AUTO REPAIR, GARAGE
RETAIL STORES
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
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
2014
Construction
FRAME
Heating
NONE
Cooling
Yes
Stories
1
Lot
1.41 ac
Current owner
From public records · entity-resolved
Double T Enterprises LLC
Entity
Mailing address
333 S BROADWAY AVE STE #105, WICHITA, KS 67202-4325
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 18, 2025
—
Double T Enterprises LLC
Wichita Metcalf LLC
Special Warranty Deed
$3,794,175 · Central National Bank
Jan 4, 2017
—
Wichita And Metcalf LLC
—
Deed
related
$5,159,500 · Emprise Bank
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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