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    Shawnee, KS 66216
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    Property profile & analytics

    , Shawnee, KS 66216

    View on Map
    • Grocery and convenience stores
    • 0.08 lot acres
    Off-Market
    Property ID
    US33-0886116
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Grocery and convenience stores

    Property Details

    Lot size
    0.08 lot acres
    Zone code
    CH
    Property type
    Grocery and convenience stores
    APN
    QF241216-3073
    APU
    QF2412163073

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jul 24, 2024 — B & N Petroleum INC — Deed · related $3.6M · Security Bank Of Kansas City

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Shawnee
    County
    Johnson
    State
    Kansas
    Longitude
    -94.7434
    Latitude
    39.0143
    CBSA code
    28140
    CBSA name
    KANSAS CITY, MO-KS METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,280
    $11,865
    $0.00
    $11,865
    -
    $47,460
    $0.00
    $47,460

    Comparable in this City

    • Value Estimation by Request
      3,200 SF

      11915 Johnson Dr

      CONVENIENCE STORE
      11915 Johnson Dr, Shawnee, KS 66216-1903
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    • Value Estimation by Request
      0.52 Acres

      Shawnee, KS 66216

      CONVENIENCE STORE
      Shawnee, KS 66216
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    • Value Estimation
      $595,000
      3,034 SF

      13875 63rd St

      CONVENIENCE STORE
      13875 63rd St, Shawnee, KS 66216-3800
      View Details
    • Value Estimation
      $2,050,000
      14,902 SF

      13335 Shawnee Msn Pkwy

      GROCERY, SUPERMARKET
      13335 Shawnee Msn Pkwy, Shawnee, KS 66216-1854
      View Details
    • Value Estimation by Request
      2,545 SF

      12941 Shawnee Msn Pkwy

      CONVENIENCE STORE
      12941 Shawnee Msn Pkwy, Shawnee, KS 66216-1850
      View Details
    • Value Estimation
      $2,480,000
      65,762 SF

      13550 63rd St

      GROCERY, SUPERMARKET
      13550 63rd St, Shawnee, KS 66216-3814
      View Details

    Similar Nearby for Sale

    • $750,000
      0.93 Acres

      Commercial Strip Center with Parking

      High-visibility commercial strip center with income and parking.
      12200 Johnson Dr, Shawnee, KS 66216
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    • $1,900,000
      14,560 SF

      Shawnee Retail Center Investment Opportunity

      Multi-tenant retail center in Shawnee, Kansas with investment upside.
      12119 Johnson Dr, Shawnee, KS 66216
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      Shawnee Retail Strip Center For Sale

      Retail strip center located in Shawnee, Kansas available for purchase.
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    • $1,775,000

      NNN Restaurant Pad Investment

      100% occupied NNN restaurant pad with strong visibility and a newly signed long-term lease in a growing Kansas City suburb.
      13103-13107 Shawnee Mission Pkwy, Shawnee, KS 66216
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      Vacant Land Near Hospital

      4.52 acres of vacant land with excellent visibility.
      14502 W 67 St, Shawnee, KS 66216
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      6.70 Acres

      Shawnee, KS Commercial Land - 6.7 Acres

      Prime Commercial Land, Shawnee, KS. High Visibility.
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    Similar Nearby for Lease

    • Contact for pricing
      2,400 SF

      Retail Space in High-Traffic Area

      Open retail space with restroom in a high-traffic location.
      11925-12005 Johnson Dr, Shawnee, KS 66216
      View Details
    • Contact for pricing
      1,500 SF

      Retail Space in Shawnee Mission

      5,200 SF retail space available for lease.
      7832 Quivira Rd, Shawnee Mission, KS 66216
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    • Contact for pricing
      1,340 SF

      Retail Space in Shawnee, Kansas

      Retail space with high visibility and major retailers nearby.
      12264-12276 Shawnee Msn Park, Shawnee, KS 66216
      View Details
    • Contact for pricing
      2,753 SF

      Retail Space in Shawnee Center

      Retail spaces available in shopping center anchored by Price Chopper.
      11950-12230 Shawnee Mission Pkwy, Shawnee, KS 66216
      View Details
    • Contact for pricing
      1,800 SF

      Retail Space in Shawnee, Kansas

      Retail spaces available, anchored by Price Chopper, high visibility.
      12256 Shawnee Mission Pkwy, Shawnee, KS 66216
      View Details
    • Contact for pricing

      Community Center Retail Space

      187,025 square foot community center in Shawnee, Kansas.
      & Quivira Nwc Of Shawnee Msn Pkwy, Shawnee, KS 66216
      View Details
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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