Freestanding Retail
New
For Sale
$700,000
12300 Blue Ridge Extension, Grandview, MO 64030
The building is stripped to its studs, with access from both the front and rear and on-site parking.
Property Size6,542 SF
Price / SF$107
Days on Market4
Property Features for 12300 Blue Ridge Extension
General Information
Standard status
Active
Size
6,542 SF
Total Parking Spaces
100
Property subtype
Business Opportunity
Zoning
C
Property Condition
Severity
Major Repairs Needed
Evidence
down to the studs
Additional Details
Condition
Shell
Road Access
Yes
Amenities
1
1.37
Parking Lot
Business District,Free Standing
City Street
Building Details
Year Built
1987
Buildings
1
Stories
1
Building Size
6,542 SF
Listing Agency:
(913) 933-8348
Listed By:
Nick Renk
Source:
Kcregionalhomes
Added: Oct 26
Changed: Oct 28
Last Checked: Oct 28 at 3:10PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Nick Renk
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This freestanding retail property contains a 6,542-square-foot building constructed in 1987. The interior has been taken down to the studs, leaving the space ready for a new buildout. The site is zoned C.
A parking lot provides approximately 100 spaces, with entrances at both the front and rear of the property. The building is on Blue Ridge Extension in Grandview, Missouri.
A parking lot provides approximately 100 spaces, with entrances at both the front and rear of the property. The building is on Blue Ridge Extension in Grandview, Missouri.
Key Highlights
- 6,542‑square‑foot building, constructed in 1987
- Interior taken down to the studs
- Parking lot with about 100 spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$63,306
Cap Rate
9.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,266,120
$1.3M
Cap Rate 7%
$904,371
$904.4K
Cap Rate 9%
$703,400
$703.4K
Market Conditions
NOI Build-Up for 6,542 SF
Gross rent
$94.2K $14.40/SF
− Vacancy
−$3.8K −$0.58/SF
EGI
$90.4K $13.82/SF
− OpEx
−$27.1K −$4.15/SF
NOI
$63.3K $9.68/SF
Area
Jackson County, MO
Vacancy
4.00%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,266,120
Cap Rate 7%
$904,371
Cap Rate 9%
$703,400
Alternative Uses
Best Use
Retail
$904.4K
$791.3K – $1.06M
NOI $63,306 @ 7.0% cap · market cap 9.04%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$1.72M
$1.51M – $2.01M
NOI $120,441 @ 7.0% cap · market cap 17.21%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
607
Businesses Nearby
187k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 57%
Shops & Services 26%
Apparel 14%
Home Improvements & Furnishings 2%
McDonald's
Dining
23,892 visits/mo
0.2 miles
Burlington
Apparel
22,412 visits/mo
0.3 miles
Whataburger
Dining
15,665 visits/mo
0.4 miles
Chipotle Mexican Grill
Dining
13,921 visits/mo
0.4 miles
Dutch Bros. Coffee
Dining
10,898 visits/mo
0.2 miles
Demographics for 64030, MO
26,154
Population
11,869
Households
2.2
Avg Household Size
35
Median Age
24%
College-Educated
89%
High-School Grad
14.5 sq mi
ZIP Area
1,804
Density / Sq Mi
$53,207
Median Household Income
$37,600
Median Earnings
$1,003
Median Rent
$171,700
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
Frequently Asked Questions
What type of property is this?
Retail space - The building is stripped to its studs, with access from both the front and rear and on-site parking.
Where is this retail space located?
The property is located at 12300 Blue Ridge Extension Grandview, MO.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: 6,542‑square‑foot building, constructed in 1987; Interior taken down to the studs; Parking lot with about 100 spaces
