New search
Property profile & analytics
OFF-MARKET
Estimated value
$500,000
Office buildings
929 Walnut St, Kansas City, MO 64106-1832
Entity Owned
Free & Clear
Property ID
US48-0933907
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1920
Construction
WOOD
Total area
5,328 SF
Lot
0.12 ac (5,227 SF)
APN
29-220-33-17
UPID
US48-0933907
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
-
American Financial Network, Inc. Kansas City Loan Service Bank
-
Inspire Data Solutions (Bike/Boat/Book/etc) Store Corporate Office
-
Jon Bailey Law, LLC Law Firm
-
Farmers Insurance - Amanda Young Insurance Agency
-
TKC Enterprise, LLC Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$470k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$530k
Blend (final)
Blend
$500k
Owner & transaction history
Exact 929 Mt LLC
Exact 929 Mt LLC
since 2025
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$725,000
+106.4%
Restaurant
$700,000
+100.0%
Apartment house (5+ units)
$580,000
+65.3%
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
$470,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$350,000
Current use
AUTO REPAIR, GARAGE
$725,000
Change: +106% · Conversion: Difficult
RESTAURANT
$700,000
Change: +100% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$580,000
Change: +65% · Conversion: Easy
RETAIL STORES
$530,000
Change: +51% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$445,000
Change: +27% · Conversion: Difficult
COMMERCIAL (GENERAL)
$335,000
Change: -5% · Conversion: Easy
Blend value · Realmo final
$500k
Range $450k – $550k · ±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
$94 / 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
$7,768
Tax year 2024
Assessed value
$2,011,616
Assessed 2024
Previous assessed
$2,011,616
+0.0% YoY
Effective rate
0.39%
On assessed value
Assessed land
$233,280
Assessed improvement
$1,778,336
Total market value
$6,286,300
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 buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1920
Construction
WOOD
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Total area
5,328 SF
Lot
0.12 ac (5,227 SF)
APN
29-220-33-17
UPID
US48-0933907
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
OFFICE BUILDING Current
Est. value
$350,000
AUTO REPAIR, GARAGE
Est. value
$725,000
RESTAURANT
Est. value
$700,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$580,000
RETAIL STORES
Est. value
$530,000
INDUSTRIAL (GENERAL)
Est. value
$445,000
COMMERCIAL (GENERAL)
Est. value
$335,000
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
RETAIL STORES
INDUSTRIAL (GENERAL)
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
1920
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
0.12 ac
Current owner
From public records · entity-resolved
Exact 929 Mt LLC
Entity
Free & Clear · 0 yrs held
Mailing address
3829 MAIN ST STE #103, KANSAS CITY, MO 64111-2479
Mailing matches property
Yes
Owner-occupied
Yes
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 19, 2025
—
Exact 929 Mt LLC
Exact 929 LLC
Deed
—
Jan 4, 2024
—
Exact 929 LLC
Wi 929 Walnut LLC
Special Warranty Deed
$2,062,500 · Enterprise Bank & Trust
Dec 27, 2018
—
Wi 929 Walnut LLC
911 E Walnut LLC
Trustees Deed
$6,550,000 · Enterprise Bk
Jun 13, 2011
—
911 E Walnut LLC
—
Deed Of Trust
related
$30,000,000 · Wells Fargo Bank
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.
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?”
You own 929 Walnut St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
