Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    Mo-58 Hwy Raymore, MO 64083

    Sponsored
    For Sale
    $350,000

    LAND - Raymore, MO

    Lot size:
    2.21 Acres
    Days on Market:
    295
    Last Refresh:
    Jan 21 at 6:06 am

    Property Features for Mo-58 Hwy

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    2280703
    Lot size
    2.21 Acres

    Utilities

    Utilities
    Electricity Available
    Sewer type
    Public Sewer
    Water source
    Public

    We can help!

    Listing Contact
    Randy Kanoy

    Better Homes and Gardens Kansas City Homes (913) 661-1434 [email protected]

    Listing agent Randy Kanoy (913) 661-8500

    Listing date Apr 2, 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

    Raymore Land on Highway 58

    This 2.21-acre commercial land is located in Raymore, Missouri. The level lot offers 279 feet of frontage on Highway 58. All city utilities are available, supporting various development possibilities within this growing community.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Raymore
    County
    Cass
    State
    Missouri
    Longitude
    -94.457445
    Latitude
    38.810846

    Nearby Similar for Sale

    • $145,000
      1,205 SF

      Updated Duplex in Senior Community

      Updated 2-bedroom duplex in a premier senior living community.
      503 N Jenkins Blvd, Raymore, MO 64083
      View Details
    • $500,000
      0.25 Acres

      Remodeled Duplex in Creekmore District

      Fully remodeled duplex with modern updates in desirable school district.
      600-602 Andypaul Ct, 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 64083
      View Details
    • $850,000
      0.93 Acres

      Raymore Office Building - Prime Location

      High-visibility office building, ample parking, great location.
      401 Foxwood Dr, Raymore, MO 64083
      View Details
    • $900,000
      0.93 Acres

      Executive Office Building, Raymore, MO

      Prime Raymore location, 4,000 sq ft office, ample parking.
      401 Foxwood Dr, Raymore, MO 64083
      View Details
    • $135,707

      Raymore Commercial Lot - Prime Location

      Development Opportunity near City Hall
      13 Municipal Cir, Raymore, MO 64083
      View Details
    • $149,828

      Raymore Commercial Lot - Prime Location

      Development Opportunity near City Hall
      12 Municipal Cir, Raymore, MO 64083
      View Details
    • $150,836

      Raymore Commercial Lot - Prime Location

      High-growth area, development opportunity.
      6 Municipal Cir, Raymore, MO 64083
      View Details

    FAQs

    What type of property is this?
    Commercial land - 2.21 acres in growing Raymore community with city utilities.
    Where is this commercial land located?
    The property is located at Mo-58 Hwy Raymore, MO.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: - 2.21 acre lot in growing Raymore community.; - 279' of frontage on 58 Highway.; - Level lot.
    (913) 269-6525
    Request Owner's contact information
    Mo-58 Hwy Raymore, MO 64083
    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.
    Mo-58 Hwy
    Raymore, MO 64083
    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
    Mo-58 Hwy Raymore, MO 64083
    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
    Randy Kanoy
    Real Estate License ID: SP00223005
    (913) 269-6525
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.