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    12220 15Th St Grandview, MO 64030

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    For Sale
    Contact for pricing

    Dominant shopping hub with strong tenants and future development potential.

    Property size:
    309,050 SF
    Lot size:
    38.23 Acres

    Property Features for 12220 15Th St

    General Information

    Size
    309,050 SF
    Lot size
    38.23 Acres

    Source: Colliers Agent Charley Simpson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Grocery-Anchored Retail Center For Sale

    This grocery-anchored retail center is a dominant shopping hub located in the Grandview submarket. The property is strategically positioned at Blue Ridge Blvd and I-49, benefiting from high traffic counts. The center is 95.8% leased to a mix of national and regional retailers, with over 80% of the income derived from credit tenants. The anchor tenant, Price Chopper, ranks #10 out of 49 locations and is the only major grocer within a three-mile radius. The property offers immediate vacancy upside and future below-market rent rollovers. Furthermore, there is excess land available for future development, allowing for up to 40,000 square feet of additional retail GLA. The property has exceptional visibility and access.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Harry's Liquor Liquor Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Similar Places Nearby

    Truman Crossings, Truman's Marketplace

    Location Insight

    • Map
    • Local Demand
    City
    Grandview
    County
    Jackson
    State
    Missouri
    Longitude
    -94.5272212
    Latitude
    38.9040073

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    FAQs

    What type of property is this?
    Shopping center - Dominant shopping hub with strong tenants and future development potential.
    Where is this shopping center located?
    The property is located at 12220 15Th St Grandview, MO.
    What are key features of this property?
    This property features: - Grocery-anchored center is the dominant shopping hub in the Grandview submarket.; - 95.8% leased to national and regional retailers, with over 80% of income from credit tenants.; - Strategically located at Blue Ridge Blvd and I-49, with high traffic counts.
    (949) 275-8807
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    12220 15Th St Grandview, MO 64030
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    Grandview, MO 64030
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    Realmo Value Estimation

    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.

    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.

    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
    12220 15Th St Grandview, MO 64030
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