Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Raytown Rd & 87th Street Raytown, MO 64138

    View on Map
    New
    For Sale
    $150,000

    COMMERCIAL - Raytown, MO

    Lot size:
    1.37 Acres
    Added:
    Apr 4, 2026
    Days on Market:
    3
    Last Refresh:
    Apr 6 at 7:06 am

    Property Features for Raytown Rd & 87th Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    Comm
    Standard status
    Active
    APN
    50-120-08-25-00-0-00-000
    Lot size
    1.37 Acres

    Taxes and HOA fees

    Tax Description
    SECTION 21 TOWNSHIP 48 RANG E 32 BEG 30' N & 317.69' E OF SW COR NW, N 290', E 137', SE 88',S 240', W 210' TO POB
    Tax Annual Amount
    2767

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    We can help!

    Listing Contact
    Riyad Naser

    Listing agent Riyad Naser License #2014027950

    Listing office Keller Williams Platinum Prtnr 3751 NE Ralph Powell Rd., Lee's Summit, MO

    Listing date Apr 4, 2026

    MLS# 2612059

    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.

    Overview

    Commercial Lot in Raytown, MO

    This 1.37-acre lot, located in Raytown, MO, is zoned commercial, accommodating various business uses. The lot is paved and cleared of trees, enabling immediate commencement of construction without initial preparation costs. Prospective buyers should contact the city to confirm specific permitted uses for this commercially zoned property.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Raytown
    County
    Jackson
    State
    Missouri
    Longitude
    -94.597164
    Latitude
    38.971074

    Nearby Similar for Sale

    • $460,000

      Iconic Raytown Corner Property

      Historic corner property with pharmacy, soda fountain, and diner.
      10004 E 63rd Street, Raytown, MO 64133
      View Details
    • $469,000

      Raytown Multifamily Investment Opportunity

      Four-unit multifamily property with strong rental history in Raytown, Missouri.
      7141 STERLING Avenue, Raytown, MO 64133
      View Details
    • $299,900

      Raytown Duplex Investment Opportunity

      Duplex in Raytown, MO with income potential.
      9202 E 64th Terrace, Raytown, MO 64133
      View Details
    • $14,000

      Spacious Vacant Lot in Raytown

      0.55-acre lot ready for custom home or investment property.
      7814 E 86th Street, Raytown, MO 64138
      View Details
    • $195,000
      1,436 SF

      Remodeled Duplex in Elm Estates

      Completely remodeled half duplex with modern style and classic charm.
      8516 Ditzler Avenue, Raytown, MO 64138
      View Details
    • $40,000

      Residential Land in Established Neighborhood

      Large lot with mature trees in Raytown, Missouri.
      Ash Avenue, Raytown, MO 64138
      View Details
    • $163,750
      1,468 SF

      Raytown Duplex: Investment Opportunity

      Turnkey duplex in Raytown, currently tenant-occupied, part of package deal.
      7402 Englewood Lane, Raytown, MO 64133
      View Details
    • $20,000

      Raytown Land in Established Neighborhood

      Two residential lots in a park-like setting for sale.
      6828 Vermont Avenue, Raytown, MO 64133
      View Details
    • $60,000

      Raytown Land with Development Potential

      Two-acre lot in Raytown, MO, suitable for residential development.
      9601 E 83rd Street, Raytown, MO 64138
      View Details
    • $40,000

      Residential Land in Raytown, MO

      Clean, level corner lot in a quiet, friendly neighborhood.
      9501 E 57th Terrace, Raytown, MO 64133
      View Details
    • $227,500
      1,847 SF

      Renovated Duplex in Golf View

      Move-in ready duplex with modern updates and flexible living space.
      8531 Vassar Avenue, Raytown, MO 64138
      View Details
    • $1,950,000
      14,300 SF

      Industrial Property on 4.25 Acres

      14,300 SF industrial property with flexible lease terms.
      11900 East State Route 350, Raytown, MO 64138
      View Details

    FAQs

    What type of property is this?
    Commercial land - Paved, commercially zoned lot ready for immediate development.
    Where is this commercial land located?
    The property is located at Raytown Rd & 87th Street Raytown, MO.
    What is the asking price?
    The asking price for this property is $150,000.
    What are key features of this property?
    This property features: Commercially Zoned: Allows for a wide range of business uses (confirm with city).; Paved Lot: Ready for immediate use, saving time and money.; Cleared Lot: No tree removal or clearing costs required.
    (913) 850-9703
    We can help!
    Listing Contact
    Riyad Naser
    Real Estate License ID: 2014027950
    Learn More
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!