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Property profile & analytics
FOR SALE
Office buildings
9200 Ward Pkwy, Kansas City, MO 64114
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US48-0060644
For Sale
1 / 2
$7,950,000
9200 Ward Pkwy, Kansas City, MO 64114
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1981
Construction
CONCRETE
Total area
20,727 SF
Lot
5.18 ac (225,641 SF)
Zoning code
CP2
APN
48-410-07-27
UPID
US48-0060644
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
-
WARD PARKWAY CORPORATE CENTER Business Service Center Corporate Office
-
Flanagan IV James P CPA Accounting Firm Tax Preparation
-
HUB International Insurance Agency
-
Tetra Tech Engineering Consultant
-
KC Shepherd's Center Community Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.96M
Blend (final)
Blend
$2.83M
Owner & transaction history
Red Tail LLC · 4 yrs held
Red Tail LLC
since 2022
5 recorded transactions
Zoning & alternative use
CP2 · Kansas City, MO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.7M
+60.9%
Retail stores
$2.4M
+39.0%
Restaurant
$2.4M
+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
OFFICE BUILDING
$1,705,000
Current use
AUTO REPAIR, GARAGE
$2,740,000
Change: +61% · Conversion: Difficult
RETAIL STORES
$2,365,000
Change: +39% · Conversion: Moderate
RESTAURANT
$2,365,000
Change: +39% · Conversion: Moderate
COMMERCIAL (GENERAL)
$2,285,000
Change: +34% · Conversion: Easy
INDUSTRIAL (GENERAL)
$1,735,000
Change: +2% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,735,000
Change: +2% · Conversion: Easy
Blend value · Realmo final
$2.83M
Range $2.55M – $3.11M · ±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
$137 / 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
$213,172
Tax year 2024
Assessed value
$2,368,000
Assessed 2024
Previous assessed
$2,643,232
-10.4% YoY
Effective rate
9.00%
On assessed value
Assessed land
$1,280,000
Assessed improvement
$1,088,000
Total market value
$7,400,000
Applied tax rate
7.0000
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 Sale
Year built
1981
Construction
CONCRETE
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Total area
20,727 SF
Lot
5.18 ac (225,641 SF)
Zoning code
CP2
APN
48-410-07-27
UPID
US48-0060644
Jurisdiction
JACKSON
Zoning & alternative use
CP2 · Kansas City, MO
Zoning CP2 · permitted uses
CP2 · Kansas City, MO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Kansas City. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.7M
AUTO REPAIR, GARAGE
Est. value
$2.7M
RETAIL STORES
Est. value
$2.4M
RESTAURANT
Est. value
$2.4M
COMMERCIAL (GENERAL)
Est. value
$2.3M
INDUSTRIAL (GENERAL)
Est. value
$1.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.7M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
RETAIL STORES
RESTAURANT
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
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
1981
Construction
CONCRETE
Heating
YES
Cooling
Yes
Stories
1
Lot
5.18 ac
Current owner
From public records · entity-resolved
Red Tail LLC
Entity
Free & Clear · 4 yrs held
Mailing address
7101 COLLEGE BLVD #89, OVERLAND PARK, KS 66210-1845
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 28, 2022
—
Red Tail LLC
Ward Parkway Center Associates LLC
Special Warranty Deed
—
Feb 22, 2018
—
Skc1200 LP
Margaret R Zeiner Trust
Quit Claim Deed
related
—
Jan 9, 2018
—
9200 Baker LLC
Baker,rebecca L & Byron D
Quit Claim Deed
related
—
Nov 26, 2014
—
9200 Baker LLC|9200 Associates LLC Etal
Baker,rebecca L & Byron D
Quit Claim Deed
related
$6,715,000 · Union Bk&tr
Nov 9, 2004
—
9200 Associates LLC
Olympia Properties LLC
Grant Deed
$9,100,000 · Jefferson-pilot Life Insurance
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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