Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Raymore Land with Highway Frontage Title is generated by Realmo AI

    1101 E WALNUT Street, Raymore, MO 64083

    View on Map
    Claim this Listing
    For Sale
    $3,975,000

    LAND - Raymore, MO

    Lot size:
    160.00 Acres
    Added:
    Mar 14, 2025
    Days on Market:
    448
    Last Refresh:
    Jun 4 at 6:06 am

    Property Features for 1101 E WALNUT Street

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    AG
    Fencing
    Perimeter
    Standard status
    Active
    APN
    2238100
    Lot size
    160.00 Acres

    Taxes and HOA fees

    Tax Description
    Listing inlcudes three parcels - Tax ID #2238100 - E2 SW EX E330 NE SW,3307/766&770 Tax ID #2238000 - W2 SW EX HWY 58 RELOC,3307/762&772 Tax ID #2238101
    Tax Annual Amount
    3230

    Utilities

    Water source
    Public, Private
    Water front
    1

    We can help!

    Listing Contact
    Marsha McKenna

    Listing agent Marsha McKenna License #2023044411

    Listing office Keller Williams Southland 1006 West Foxwood Drive, Raymore, MO

    Listing date Mar 14, 2025

    MLS# 2536040 Listing URL

    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.

    HighLights

    • 160+/- acre parcel ideal for residential or mixed‑use development.
    • Exceptional accessibility with frontage on 58 Hwy and borders along County Road J and Lucy Webb.
    • Multiple ingress/egress points for future development projects.
    • Located in the award‑winning Raymore‑Peculiar School District.
    • Priced below appraisal.
    • Zoned agricultural, providing a 'blank canvas' for development.

    Overview

    This expansive property in Raymore, MO, encompasses 160+/- acres and presents opportunities for investors and developers. The land features approximately 2,600 feet of frontage along MO State Hwy 58, providing visibility. Bordered by County Road J and Lucy Webb, the property offers multiple access points. The land has development potential for commercial projects, residential subdivisions, or mixed-use developments. Located within Raymore city limits, the property is currently zoned agricultural and is situated within the Raymore-Peculiar School District.
    Property Profile Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Gym & Fitness Center Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Raymore
    County
    Cass
    State
    Missouri
    Longitude
    -94.432309
    Latitude
    38.799547

    Nearby Similar for Sale

    • $900,000
      5,904 SF

      Commercial Building on Spacious Lot

      All-brick building with basement on a .938-acre lot.
      401 W Foxwood Drive, Raymore, MO 64083
      View Details
    • $250,000
      1,155 SF

      Raymore Duplex with Fenced Yard

      Duplex featuring a fenced yard, new hardware, and fixtures.
      505 Regina Court, Raymore, MO 64083
      View Details
    • $55,000

      Residential Lot in 55+ Community

      Residential lot in Raymore's 55+ maintenance-provided community.
      305 Crestview Court, Raymore, MO 64083
      View Details
    • $4,041,879
      14,500 SF

      Walgreens NNN Lease Investment Opportunity

      NNN leased Walgreens with six years remaining in Raymore, MO.
      1214 W Foxwood Dr, Raymore, MO 64083
      View Details
    • $149,828

      Commercial Land Development Opportunity

      Commercial land for sale in a growing suburban community.
      Lot 12 Municipal Circle, Raymore, MO 64083
      View Details
    • $4,450,000
      8,281 SF

      Raymore Retail Property For Sale

      Retail property with a strong credit tenant in Raymore, MO.
      1901 W Foxwood Dr, Raymore, MO
      View Details
    • $189,900

      Commercial Lots in Raymore

      Four commercial lots with high visibility and easy highway access.
      317 & 319 W Foxwood Drive, Raymore, MO 64083
      View Details
    • $899,000
      4,000 SF

      Commercial Building Near 58 Hwy

      All-brick building with ample space and high visibility.
      401 W Foxwood Drive, Raymore, MO 64083
      View Details
    • $90,000

      Raymore Land For Multi-Family Development

      Land zoned for multi-family development in Raymore, Missouri.
      Scott Drive, Raymore, MO 64083
      View Details
    • $90,000

      Raymore Land For Multi-Family

      Land in Raymore, MO, zoned for multi-family development.
      215 Scott Drive, Raymore, MO 64083
      View Details
    • $350,000

      Raymore Land on 58 Highway

      2.21 acres of commercial land in growing Raymore community.
      Mo-58 Highway, Raymore, MO 64083
      View Details
    • $700,000

      Land with Highway Visibility

      Commercial land with high traffic and development potential.
      1282 W Foxwood Dr, Raymore, MO
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - 160+/- acre land parcel with highway frontage in Raymore, MO.
    Where is this agricultural land / farmland located?
    The property is located at 1101 E WALNUT Street Raymore, MO.
    What is the asking price?
    The asking price for this property is $3,975,000.
    What are key features of this property?
    This property features: 160+/- acre parcel ideal for residential or mixed‑use development.; Exceptional accessibility with frontage on 58 Hwy and borders along County Road J and Lucy Webb.; Multiple ingress/egress points for future development projects.
    (816) 682-6804
    We can help!
    Listing Contact
    Marsha McKenna
    Real Estate License ID: 2023044411
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1101 E WALNUT Street, Raymore, MO 64083
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!