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Property profile & analytics
OFF-MARKET
Warehouses
9120 Nieman Rd Overland Park, KS 66214-1801
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US33-0604276
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1973
Construction
CONCRETE
Total area
8,192 SF
Lot
0.79 ac (34,257 SF)
Zoning code
M-1
APN
NP12200006 0010B
UPID
US33-0604276
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
-
WANSecurity, Inc (Bike/Boat/Book/etc) Store Corporate Office
-
Verticomm Business To Business Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Ichiban LLC · 5 yrs held
Ichiban LLC
since 2021
7 recorded transactions
Zoning & alternative use
M-1 · Overland Park, KS
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
P Business Park District 18.290.010 Statement of Intent 18.290.020 Permitted Uses 18.290.030 Height and Area Regulations 18.290.040 Parking and Loading Regulations 18.290.050 Development and Performance Standards 18.300 M-1 Industrial Park District and MP-1 Planned Industrial Park District 18.300.010 Statement of Intent 18.300.020 Permitted Uses 18.300.030 H…
Zone name
Industrial Park
General category
INDUSTRIAL
Zone area
247.78 ac
Source
doc view
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$17,351
Tax year 2023
Assessed value
$172,313
Assessed 2023
Previous assessed
$172,313
+0.0% YoY
Effective rate
10.07%
On assessed value
Assessed land
$42,823
Assessed improvement
$129,490
Land market value
$171,290
Improvement market value
$517,960
Total market value
$689,250
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1973
Construction
CONCRETE
Heating
SPACE
Cooling
AC.PACKAGE
Stories
2
Units
1
Total area
8,192 SF
Lot
0.79 ac (34,257 SF)
Zoning code
M-1
APN
NP12200006 0010B
UPID
US33-0604276
Jurisdiction
JOHNSON
Zoning & alternative use
M-1 · Overland Park, KSZoning M-1 · permitted uses
M-1 · Overland Park, KS
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
P Business Park District 18.290.010 Statement of Intent 18.290.020 Permitted Uses 18.290.030 Height and Area Regulations 18.290.040 Parking and Loading Regulations 18.290.050 Development and Performance Standards 18.300 M-1 Industrial Park District and MP-1 Planned Industrial Park District 18.300.010 Statement of Intent 18.300.020 Permitted Uses 18.300.030 Height and Area Regulations 18.300.040 Parking and Loading Regulations 18.300.050 De
Zone name
Industrial Park
General category
INDUSTRIAL
Zone area
247.78 ac
Source
doc view
Building & site characteristics
From public records
Year built
1973
Construction
CONCRETE
Heating
SPACE
Cooling
Yes
Stories
2
Units
1
Lot
0.79 ac
Current owner
From public records · entity-resolved
Ichiban LLC
Entity
Mailing address
9120 NIEMAN RD, OVERLAND PARK, KS 66214-1801
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 30, 2022
—
Ichiban LLC
—
Deed
related
$1,324,000 · Crossfirst Bank
Jun 18, 2021
—
Ichiban LLC
—
Deed
related
$551,400 · Landmark Bank
May 24, 2021
—
Ichiban LLC
Bk Ventures LLC
Warranty Deed
$551,400 · Landmark Bank
Jun 11, 2020
—
Bk Ventures LLC
—
Deed
related
$422,000 · Landmark National Bank
Jun 21, 2016
—
Bk Ventures LLC
Office Business Solutions LLC
Correction Deed
related
—
Dec 30, 2015
—
Bk Ventures LLC
Office Business Solutions LLC
Special Warranty Deed
—
May 12, 2010
—
Office Business Solutions L L C
Ler Properties LLC
Warranty Deed
—
Oct 18, 2006
—
Ler Properties LLC
Rkt LP
Warranty Deed
$409,600 · First Community 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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