Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    E Duncan Rd Grain Valley, MO 64029

    Sponsored
    For Sale
    Pending
    $470,000

    LAND - Grain Valley, MO

    Lot size:
    5.96 Acres
    Days on Market:
    27
    Last Refresh:
    Feb 23 at 11:06 pm

    Property Features for E Duncan Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Pending
    Zoning
    RS
    APN
    37-520-01-03-00-0-00-000
    Lot size
    5.96 Acres

    Utilities

    Water source
    Public

    We can help!

    Listing Contact
    Patel Group

    Keller Williams Realty Platinum Partners (816) 525-7000

    Listing agent Patel Group

    Listing date Jan 28, 2026

    MLS# 2503369 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.

    Learn more

    Overview

    Residential Development Land in Grain Valley

    This nearly 6-acre development property is located just outside the city limits of Grain Valley. The city's future land use map designates the property for medium-density residential development, making it an ideal location for a multifamily project. Sewer and water services are already adjacent to the property, providing convenient access to essential utilities. The property also offers road frontage along Duncan Road, with an established neighborhood located to the south. This prime location offers great potential for future development. The property is located in Jackson County, Missouri, with a zoning designation of RS. The lot size is approximately 5.96 acres.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Grain Valley
    County
    Jackson
    State
    Missouri
    Longitude
    -94.206719
    Latitude
    39.036055

    Nearby Similar for Sale

    • $210,000
      Pending

      Duplex in Grain Valley, MO

      Well-maintained duplex with recent updates in Grain Valley School District.
      1302 Ashley Ln, Grain Valley, MO 64029
      View Details
    • $204,500
      Pending

      Move-In Ready Ranch Duplex

      Updated duplex units, move-in ready, convenient location near amenities.
      1121 SW Ephraim Dr, Grain Valley, MO 64029
      View Details
    • $204,500
      Pending

      Move-In Ready Grain Valley Duplex

      Updated duplex units, move-in ready, convenient location near amenities.
      1123 SW Ephraim Dr, Grain Valley, MO 64029
      View Details
    • $6,250,000
      43,390 SF

      Grain Valley Retail Center

      Multi-Tenant Restaurant Complex, High Occupancy
      102-110 Buckner Tarsney Rd, Grain Valley, MO 64029
      View Details
    • $540,000
      2,560 SF

      Grain Valley Auto Shop - $540K

      Profitable Auto Shop, High Traffic Location
      162 Buckner Tarsney Rd, Grain Valley, MO 64029
      View Details
    • $835,000
      4,830 SF

      Grain Valley Daycare Center

      Profitable Daycare, Excellent Location
      120 Garden St, Grain Valley, MO 64029
      View Details

    FAQs

    What type of property is this?
    Land - Nearly 6-acre development property suitable for a multifamily project.
    Where is this land located?
    The property is located at E Duncan Rd Grain Valley, MO.
    What is the asking price?
    The asking price for this property is $470,000.
    What are key features of this property?
    This property features: - Nearly 6-acre development property ideal for your next project.; - Designated for medium-density residential development (multifamily project).; - Sewer and water services are adjacent to the property.
    (816) 875-1715
    Request Owner's contact information
    E Duncan Rd Grain Valley, MO 64029
    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.
    E Duncan Rd
    Grain Valley, MO 64029
    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
    E Duncan Rd Grain Valley, MO 64029
    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

    We can help!
    Listing Contact
    Patel Group
    (816) 875-1715 (816) 525-7000
    Learn more
    Google sign-in failed. Please try again or use another login method.