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Property profile & analytics
OFF-MARKET
Estimated value
$5,875,000
Warehouses
9220 135th St Overland Park, KS 66221-2046
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US33-0329559
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2001
Construction
FRAME
Total area
75,850 SF
Lot
4.77 ac (207,781 SF)
Zoning code
BP
APN
NP57720000 0001A
UPID
US33-0329559
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
-
StorageMart Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.54M
Blend (final)
Blend
$5.88M
Owner & transaction history
Tkg Storagemart Partners Portfolio · 3 yrs held
Tkg Storagemart Partners Portfolio
since 2023
4 recorded transactions
Zoning & alternative use
BP · Overland Park, KS
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
and CP-3 Planned Commercial District 18.280.010 Statement of Intent 18.280.020 Permitted Uses 18.280.030 Height and Area Regulations 18.280.040 Parking Regulations 18.280.050 Development and Performance Standards 18.290 BP 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…
Zone name
Business Park
General category
INDUSTRIAL
Zone area
238.70 ac
Source
doc view
Top alternative use upside
Office building
$9.7M
+123.1%
Apartment house (5+ units)
$7.2M
+66.7%
Retail stores
$5.1M
+17.0%
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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$4,325,000
Current use
OFFICE BUILDING
$9,655,000
Change: +123% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$7,215,000
Change: +67% · Conversion: Difficult
RETAIL STORES
$5,060,000
Change: +17% · Conversion: Moderate
AUTO REPAIR, GARAGE
$4,975,000
Change: +15% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$4,780,000
Change: +10% · Conversion: Moderate
Blend value · Realmo final
$5.88M
Range $5.29M – $6.46M · ±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
$77 / 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
$257,517
Tax year 2023
Assessed value
$2,428,000
Assessed 2023
Previous assessed
$2,262,751
+7.3% YoY
Effective rate
10.61%
On assessed value
Assessed land
$155,960
Assessed improvement
$2,272,040
Land market value
$623,840
Improvement market value
$9,088,160
Total market value
$9,712,000
Applied tax rate
666.0000
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
2001
Construction
FRAME
Heating
NONE
Cooling
AC.PACKAGE
Buildings
3
Stories
2
Units
547
Total area
75,850 SF
Lot
4.77 ac (207,781 SF)
Zoning code
BP
APN
NP57720000 0001A
UPID
US33-0329559
Jurisdiction
JOHNSON
Zoning & alternative use
BP · Overland Park, KSZoning BP · permitted uses
BP · Overland Park, KS
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
and CP-3 Planned Commercial District 18.280.010 Statement of Intent 18.280.020 Permitted Uses 18.280.030 Height and Area Regulations 18.280.040 Parking Regulations 18.280.050 Development and Performance Standards 18.290 BP 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
Zone name
Business Park
General category
INDUSTRIAL
Zone area
238.70 ac
Source
doc view
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$4.3M
OFFICE BUILDING
Est. value
$9.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$7.2M
RETAIL STORES
Est. value
$5.1M
AUTO REPAIR, GARAGE
Est. value
$5.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.8M
WAREHOUSE, STORAGE Current
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
RETAIL STORES
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
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
2001
Construction
FRAME
Heating
NONE
Cooling
Yes
Stories
2
Buildings
3
Units
547
Lot
4.77 ac
Current owner
From public records · entity-resolved
Tkg Storagemart Partners Portfolio
Entity
Mailing address
215 N STADIUM BLVD STE #207, COLUMBIA, MO 65203-1160
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 1, 2023
—
Tkg Storagemart Partners Portfolio
Tkg III Overland Park LLC
Warranty Deed
$127,500,000 · Citi Real Estate Funding INC
Jun 17, 2019
—
Tkg III Overland Park LLC
Tkg Iowa Storage LLC
Warranty Deed
$11,000,000 · Central Bank Of Boone County
Jan 2, 2019
—
Tkg Iowa Storage LLC
Tkg Storagemart Partners Portfolio
Warranty Deed
$14,150,000 · Citibank NA
Jun 28, 2006
—
Tkgsm Ks LLC
Wsmp Mw East LP
Special Warranty Deed
—
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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