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    1014 SW Sandy Lane Grain Valley, MO 64029

    View on Map
    For Sale
    Under Contract
    $208,700

    DUPLEX - Grain Valley, MO

    Type:Townhouse
    Property size:
    1,024 SF
    Lot size:
    0.88 Acres
    Added:
    Mar 6, 2026
    Days on Market:
    28
    Last Refresh:
    Apr 3 at 4:06 pm

    Property Features for 1014 SW Sandy Lane

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Townhouse
    Bedrooms
    3
    Bathrooms
    2
    Rooms
    Bathroom 2, Bedroom 1, Bathroom 1, Dining Room, Bedroom 3, Bedroom 2
    Parking features
    Garage, Open
    Patio and Porch features
    Patio
    Standard status
    Active Under Contract
    APN
    40-320-33-47-00-0-00-000
    Size
    1,024 SF
    Lot size
    0.88 Acres

    Taxes and HOA fees

    Tax Description
    CHRISTIE MEADOWS 4TH PLAT TH PT LOT 67 DAF: BEG AT NE COR LO T 67 TH SELY ALG ELY LI 132.92' TO SE COR TH SWLY ALG SLY LI LOT 67 38' TH N 28 DEG 59 MIN 47 SEC W 132.93' TO NLY LI LO
    Tax Annual Amount
    1965

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Heat Pump (Heating)
    Cooling system
    Heat Pump
    Water source
    Public

    Building Details

    Year built
    1999
    Flooring type
    Vinyl
    Building materials
    Vinyl Siding
    Roof type
    Composition

    We can help!

    Listing Contact
    Diane Russell

    Listing agent Diane Russell

    Listing office Platinum Realty LLC 9393 West 110th St Suite 170, Overland Park, MO

    Listing date Mar 6, 2026

    MLS# 2605612

    Copyright © 2026 Heartland Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Grain Valley Duplex For Sale

    Located in the Christie Meadows Subdivision in Grain Valley, this ranch-style duplex features 3 bedrooms and 2 full baths. The master bedroom includes a master bath and walk-in closet. New laminate flooring has been installed throughout the property. A one-car garage and an extra-wide driveway provide ample parking. The property includes a small, fenced-in private patio located outside the dining area. The roof and AC/heating system are approximately 4 years old. The lot size is 0.8754 acres. There is no HOA.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Accounting Firm Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Grain Valley
    County
    Jackson
    State
    Missouri
    Longitude
    -94.2159218
    Latitude
    39.0050179

    Nearby Similar for Sale

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      Commercial Property with Brick Suites

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    • $166,000
      972 SF

      Residential Property with Neutral Palette

      Property featuring a neutral color scheme and updated interior.
      1026 Sandy Lane, Grain Valley, MO 64029
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    • $6,875,000
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      Grain Valley Industrial Building

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    • $210,000
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      Commercial Property with Brick Suites

      Commercial property featuring a brick home and detached suites.
      106 NW Main Street, Grain Valley, MO 64029
      View Details

    FAQs

    What type of property is this?
    Single family property - Duplex in Grain Valley with newer roof and flooring.
    Where is this single family property located?
    The property is located at 1014 SW Sandy Lane Grain Valley, MO.
    What is the asking price?
    The asking price for this property is $208,700.
    What are key features of this property?
    This property features: Newer roof and AC/Heating (4 years old); No HOA; Brand new laminate flooring throughout
    (816) 739-5262
    We can help!
    Listing Contact
    Diane Russell
    Learn More
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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.

    More about this property
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