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Property profile & analytics
OFF-MARKET
Estimated value
$1,050,000
Garden apartment buildings
9801 61st St 1, Raytown, MO 64133-4029
Entity Owned
11-yr Hold
Absentee Owner
Property ID
US48-0925893
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1973
Construction
WOOD
Total area
6,520 SF
Lot
4.18 ac (182,081 SF)
APN
45-210-10-03
UPID
US48-0925893
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.05M
Comparable Approach
Comparable
$1.05M
Blend (final)
Blend
$1.05M
Owner & transaction history
Nephrite Fund 1 LLC · 11 yrs held
Nephrite Fund 1 LLC
since 2014
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$955,000
+28.3%
Office building
$955,000
+28.1%
Retail stores
$835,000
+12.3%
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 Raytown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Raytown 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%
$1,140,000
6.5%
$1,050,000
7%
$975,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$745,000
Current use
AUTO REPAIR, GARAGE
$955,000
Change: +28% · Conversion: Difficult
OFFICE BUILDING
$955,000
Change: +28% · Conversion: Moderate
RETAIL STORES
$835,000
Change: +12% · Conversion: Difficult
RESTAURANT
$825,000
Change: +11% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$800,000
Change: +8% · Conversion: Difficult
COMMERCIAL (GENERAL)
$720,000
Change: -3% · Conversion: Moderate
Blend value · Realmo final
$1.05M
Range $945k – $1.16M · ±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
$161 / 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
$56,904
Tax year 2024
Assessed value
$635,094
Assessed 2024
Previous assessed
$635,094
+0.0% YoY
Effective rate
8.96%
On assessed value
Assessed land
$197,999
Assessed improvement
$437,095
Total market value
$3,342,600
Applied tax rate
22.0000
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
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
1973
Construction
WOOD
Heating
YES
Cooling
AC.PACKAGE
Buildings
2
Stories
3
Total area
6,520 SF
Lot
4.18 ac (182,081 SF)
APN
45-210-10-03
UPID
US48-0925893
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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$745,000
AUTO REPAIR, GARAGE
Est. value
$955,000
OFFICE BUILDING
Est. value
$955,000
RETAIL STORES
Est. value
$835,000
RESTAURANT
Est. value
$825,000
INDUSTRIAL (GENERAL)
Est. value
$800,000
COMMERCIAL (GENERAL)
Est. value
$720,000
APARTMENT HOUSE (5+ UNITS) Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
RETAIL STORES
RESTAURANT
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
1973
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
3
Buildings
2
Lot
4.18 ac
Current owner
From public records · entity-resolved
Nephrite Fund 1 LLC
Entity
Mailing address
2977 HWY K K #239, O FALLON, MO 63368-7862
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 14, 2024
—
Nephrite Fund 1 LLC
—
Deed
related
$20,000 · Michael Clark
Jan 23, 2018
—
Nephrite Fund 1 LLC
—
Deed
related
$3,320,000 · Cbre Cap Markets
Aug 3, 2016
—
Nephrite Fund 1 LLC
—
Deed
related
$2,450,000 · Private Individual
Sep 29, 2014
—
Nephrite Fund 1 LLC
Amber Glenn Opco LLC
Grant Deed
related
$2,000,000 · Blue Ridge 9-14 LLC
Apr 20, 2012
—
Amber Glenn Opco LLC
—
Trustees Deed
related
$40,000 · Nevus Investments LLC
Feb 7, 2012
—
Amber Glenn Opco LLC
Stoneybrook Acquisition LLC
Grant Deed
$1,350,000 · Remar Investments LP
Jul 18, 2006
—
Stoneybrook Acquisition LLC
Stoneybrook Apartments
Quit Claim Deed
related
$3,275,000 · Citizens Federal Bank Fsb
—
—
Amber Glenn Opco LLC
—
Deed Of Trust
related
$855,000 · Private Individual
—
—
Stoneybrook Acquisition LLC
—
Deed Of Trust
related
$50,000 · Jim & Linda Parrish
—
—
Stoneybrook Acquisition LLC
—
Deed Of Trust
related
$25,000 · William E Sheehy
—
—
Amber Glenn Opco LLC
—
Deed Of Trust
related
$70,300 · Manish Patel
—
—
Nephrite Fund 1 LLC
—
Deed Of Trust
related
$2,450,000 · Private Individual
—
—
Amber Glenn Opco LLC
—
Deed Of Trust
related
$450,000 · Texas Property Trust (ct)
—
—
Amber Glenn Opco LLC
—
Deed Of Trust
related
$63,150 · Pratibha Basrao
—
—
Nephrite Fund 1 LLC
—
Deed Of Trust
related
$3,320,000 · Cbre Cap Markets
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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