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    The Largest CRE Database in the US with Over 1 Million Listings

    503 N Jenkins Blvd Raymore, MO 64083

    Sponsored
    For Sale
    $145,000

    DUPLEX - Other - Raymore, MO

    Type:Townhouse
    Property size:
    1,205 SF
    Lot size:
    0.13 Acres
    Days on Market:
    49
    Last Refresh:
    Jan 25 at 11:06 pm

    Property Features for 503 N Jenkins Blvd

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Townhouse
    Standard status
    Active
    Window features
    Storm Window(s)
    Rooms
    Bedroom 2, Dining Room, Bedroom 1, Laundry Room, Laundry Room, Bathroom 1
    Bedrooms
    2
    Bathrooms
    1
    APN
    2223500
    Patio and Porch features
    Porch, Patio
    Interior features
    Ceiling Fan(s), Pantry, Stained Cabinets, Walk-In Closet(s)
    Appliances
    Cooktop, Dishwasher, Disposal, Dryer, Built-In Oven, Trash Compactor, Under Cabinet Appliance(s), Washer
    Size
    1,205 SF
    Lot size
    0.13 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air
    Cooling system
    Electric
    Water source
    Public

    Building Details

    Year built
    1980
    Flooring type
    Vinyl, Carpet
    Building materials
    Brick/Mortar, Wood Siding
    Roof type
    Composition
    Architectural style
    Other

    We can help!

    Listing Contact
    Tricia Henson

    Keller Williams Southland Partners LLC (816) 331-2323

    Listing agent Tricia Henson (816) 331-2323

    Listing date Dec 8, 2025

    MLS# 2583568

    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

    Updated Duplex in Senior Community

    This updated 2-bedroom, 1-bath ranch home is located in the Foxwood Springs Senior Living Community. The single-level living space features zero steps for accessibility. The home includes a courtyard providing access to the home and an oversized 15x24 garage. The open concept living area features new paint and carpet and a bay window. The updated kitchen includes grey tile and stainless accents. The property also features an extra-large laundry room with built-in cabinets and a storage closet. Both bedrooms are generously sized and include walk-in closets. A fenced backyard and patio offer private outdoor space. Foxwood Springs is a 134-acre adult living community for residents 55+. Community amenities include a community center with a heated indoor pool, fitness center, library, crafting room, and computer lab with internet access. On-site dining options include a restaurant-style dining room with 3 meals per day offered in the Bistro, all-day dining options, and meal delivery. Residents can also enjoy billiards, ping pong, shuffleboard, a woodworking shop, multiple lounges and meeting rooms, a beauty/barber salon, a convenience store, scheduled activities/events, a picnic area, a grill, a stocked fishing pond, garden plots, and a greenhouse. On-site therapy and wellness clinics are available, and owners receive a discount on future healthcare needs, with priority access to the Foxwood Springs Healthcare Center. Services include 24-hour security and emergency response, fire/smoke alarm, water, sewer, trash, basic cable, lawn care, snow removal, interior and exterior maintenance (including roof, paint, plumbing, electric, HVAC, appliance repair/replacement, and termite treatment), housekeeping, and transportation. The lot size is 0.13 acres and the property size is 1205 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Similar Places Nearby

    Adult Day Care Health center of gkc

    Location Insight

    • Map
    • Local Demand
    City
    Raymore
    County
    Cass
    State
    Missouri
    Longitude
    -94.48161639
    Latitude
    38.81399605

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    FAQs

    What type of property is this?
    Senior housing facility - Updated 2-bedroom duplex in a premier senior living community.
    Where is this senior housing facility located?
    The property is located at 503 N Jenkins Blvd Raymore, MO.
    What is the asking price?
    The asking price for this property is $145,000.
    What are key features of this property?
    This property features: - Premier 55+ Adult Living Community: Enjoy a secure, well-maintained environment with extensive amenities and activities at Foxwood Springs.; - Maintenance-Free Living: Includes interior and exterior maintenance, appliance repair/replacement, lawn care, snow removal, and essential utilities.; - Updated and Accessible Home: Features a newly updated kitchen, fresh paint and carpet, and zero-step entry.
    (816) 922-9322
    Request Owner's contact information
    503 N Jenkins Blvd Raymore, MO 64083
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    Raymore, MO 64083
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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
    503 N Jenkins Blvd Raymore, MO 64083
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    We can help!
    Listing Contact
    Tricia Henson
    (816) 922-9322
    Learn more
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