Storefront Property with
For Sale
$320,000
100 S Madison Street, Raymore, MO 64083
Business Opportunity, Raymore, MO
Property Size1,000 SF
Lot Size0.23 Acres
Price / SF$320
Days on Market8
Property Features for 100 S Madison Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
com
Parking features
Parking Lot
Interior features
Storage, Public Restroom
Directions
49 South to 58 Highway. (Belton/Raymore Exit). Left over bridge to Madison. Right on Madison to property.
Subdivision
208 - Cass County, Mo
Standard status
Active
APN
6319001
Lot size
0.23 Acres
Taxes and HOA fees
Tax Description
WALNUT HEIGHTS COMMERCIAL PARK LOT 1
Tax Annual Amount
2784
Legal Description
WALNUT HEIGHTS COMMERCIAL PARK LOT 1
Utilities
Utilities
Water Available
Amenities
paved driveway and parking lot
polished and stained concrete flooring
crown molding
wainscoting
smoke detector
inside storage
public restroom
utility area with laundry sink and compact kitchenette
concrete patio area
mature trees
Building Details
Year built
1982
Floors in Building
1
Additional Structures
Storage
Listing Agency:
KW KANSAS CITY METRO · Keller Williams Realty
(913) 825-7500
Listed By:
Terri Clark · License #2000151424
(816) 405-1455
Added: Oct 6
Changed: Oct 12
Last Checked: Oct 13 at 3:06PM
MLS# 2645791
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.
Investment Insights
Based on property information with market context.
This single-story storefront property was built in 1982 and sits on a 0.234-acre lot. The main building has concrete and hardwood flooring, reception and entry areas, storage, a public restroom, and a work area. An interior laundry area and compact kitchenette are also present. A separate outbuilding has its own entrance, while a concrete patio and paved parking lot serve the exterior. Water is available, and the property is zoned com.
The layout and features are identified as suitable for uses such as a salon, gift shop, agency, or art studio. The property is offered for sale only; a lease option is not being considered.
The layout and features are identified as suitable for uses such as a salon, gift shop, agency, or art studio. The property is offered for sale only; a lease option is not being considered.
Key Highlights
- 0.234‑acre lot in Raymore, Missouri
- Single‑story commercial building constructed in 1982
- Detached outbuilding with a separate entrance
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,737
Cap Rate
3.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$194,740
$194.7K
Cap Rate 7%
$139,100
$139.1K
Cap Rate 9%
$108,189
$108.2K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$14.4K $14.40/SF
− Vacancy
−$490 −$0.49/SF
EGI
$13.9K $13.91/SF
− OpEx
−$4.2K −$4.17/SF
NOI
$9.7K $9.74/SF
Area
Cass County, MO
Vacancy
3.40%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$194,740
Cap Rate 7%
$139,100
Cap Rate 9%
$108,189
Alternative Uses
Best Use
Retail
$139.1K
$121.7K – $162.3K
NOI $9,737 @ 7.0% cap · market cap 3.04%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$225.5K
$197.3K – $263.0K
NOI $15,782 @ 7.0% cap · market cap 4.93%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
371
Businesses Nearby
34k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 70%
Dining 30%
Casey's General Store
Shops & Services
10,570 visits/mo
0.3 miles
SONIC Drive In
Dining
10,202 visits/mo
0.3 miles
Dollar General
Shops & Services
7,593 visits/mo
0.2 miles
Conoco
Shops & Services
3,058 visits/mo
0.1 miles
O'Reilly Auto Parts
Shops & Services
2,704 visits/mo
0.3 miles
Demographics for 64083, MO
24,945
Population
10,058
Households
2.5
Avg Household Size
40
Median Age
37%
College-Educated
95%
High-School Grad
25.7 sq mi
ZIP Area
971
Density / Sq Mi
$99,575
Median Household Income
$53,042
Median Earnings
$1,262
Median Rent
$316,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Storefront property - A single-story commercial space includes a detached outbuilding, on-site parking, and a concrete patio.
Where is this storefront property located?
The property is located at 100 S Madison Street Raymore, MO.
What is the asking price?
The asking price for this property is $320,000.
What are key features of this property?
This property features: 0.234‑acre lot in Raymore, Missouri; Single‑story commercial building constructed in 1982; Detached outbuilding with a separate entrance
