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    20101 E Jackson Dr Independence, MO 64057

    Sponsored
    For Sale
    $3,153,694

    SINGLE_FAMILY - Independence, MO

    Type:Office
    Lot size:
    1.60 Acres
    Days on Market:
    178
    Last Refresh:
    Jan 17 at 4:06 pm

    Property Features for 20101 E Jackson Dr

    General Information

    Property type
    Residential
    Property subtype
    Office
    Standard status
    Active
    Zoning
    C-2
    APN
    34-100-03-32-00-0-00-000
    Parking features
    Parking Lot
    Lot size
    1.60 Acres

    Utilities

    Utilities
    Water Available

    Building Details

    Year built
    2002
    Floors in Building
    1

    We can help!

    Listing Contact
    Sam Zellmer

    Platinum Realty (913) 227-0798 [email protected]

    Listing agent Sam Zellmer (888) 220-0988

    Listing date Jul 24, 2025

    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.

    Learn more

    Property Insight Report

    Overview

    Prime Commercial Land Near I-70

    This property is strategically located just north of Interstate 70, one mile east of the I-70/I-470 interchange. Highway access is available via the Little Blue Parkway exit ramp. The area is a commercial hub, anchored by a shopping district and major retailers including a home supply store, sporting store, big box store, and entertainment venues, all within 1.5 miles. Just west of the property, the Independence Events Center, opened in 2009, hosts over 100 event days per year, featuring minor league hockey and soccer games, concerts, trade shows, and community events. The venue includes an indoor public ice rink and dedicated parking, driving foot traffic to the area. The I-70 and Little Blue Parkway corridor features a mix of residential and commercial growth, attracting residents from Independence and Kansas City, as well as the suburbs of Blue Springs and Grain Valley. I-470 provides access to Lee's Summit and other communities in southern Jackson County. The lot size is 1.6 acres and is zoned C-2. This location is suited for businesses looking to capitalize on a high-traffic, high-visibility environment with retail and entertainment anchors.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Farmers Insurance - Ernest ... Insurance Agency Farmers Insurance Insurance Agency Brad Korn, Realtor ... Real Estate Consultant Park University in Independence, ... College IQ Home Improvement General Contractor

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Spa & Massage Wholesale Shop Dental Office Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Independence
    County
    Jackson
    State
    Missouri
    Longitude
    -94.343554
    Latitude
    39.040766

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    FAQs

    What type of property is this?
    Commercial land - Strategically located commercial land with easy highway access and high visibility.
    Where is this commercial land located?
    The property is located at 20101 E Jackson Dr Independence, MO.
    What is the asking price?
    The asking price for this property is $3,153,694.
    What are key features of this property?
    This property features: - Strategic location north of I-70, near I-70/I-470 interchange, offering exceptional highway access via Little Blue Parkway.; - Proximity to major retailers (home supply, sporting goods, big box, entertainment) within 1.5 miles, accessible without using the interstate.; - Located near the Independence Events Center, which hosts over 100 event days annually and drives consistent foot traffic.
    (253) 208-7325
    Request Owner's contact information
    20101 E Jackson Dr Independence, MO 64057
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    Independence, MO 64057
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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
    20101 E Jackson Dr Independence, MO 64057
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    We can help!
    Listing Contact
    Sam Zellmer
    Real Estate License ID: 2020030766
    (253) 208-7325
    Learn more
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