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

    12301 3rd Street Grandview, MO 64030

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $160,000

    Commercial land with house, zoned for industrial/commercial development.

    Type:Lots/Land
    Lot size:
    1.00 Acre
    Added:
    Mar 24, 2026
    Days on Market:
    10
    Last Refresh:
    Mar 24 at 2:23 am

    Property Features for 12301 3rd Street

    General Information

    Standard status
    Active
    Lot size
    1.00 Acre
    Property subtype
    Lots/Land

    We can help!

    Listing Contact
    Jim Flippin
    Jim Flippin

    Listing agent Jim Flippin License #2006007634

    Listing office Platinum Realty LLC

    Listing date Mar 24, 2026

    Source Exitrealty

    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 Platinum Realty LLC

    Overview

    Grandview Commercial Land For Sale

    This property consists of land zoned for industrial and commercial development, according to the City of Grandview. It offers an opportunity for commercial use on a short acre. The property includes a house that can be utilized as an office. The house is sold in its current condition, without warranties.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Grandview
    County
    Jackson
    State
    Missouri
    Longitude
    -94.5400376
    Latitude
    38.9021813

    Nearby Similar for Sale

    • $725,000

      Highway Frontage Commercial Property

      One-acre commercial property with office and highway frontage.
      13130 S US Hwy 71, Grandview, MO 64030
      View Details
    • $85,000

      Grandview Land in Creekwood Subdivision

      Two lots to build your dream home in Grandview, MO.
      6712 & 6800 E 122nd Street, Grandview, MO 64030
      View Details
    • $700,000

      Grandview Commercial Space on Blue Ridge

      Commercial space in Grandview, high visibility, high traffic exposure.
      12300 Blue Ridge Extension, Grandview, MO 64030
      View Details
    • $147,000

      Grandview Land Mixed-Use Opportunity

      3 acres zoned PD for mixed-use development in Grandview, MO.
      8203 Outer Belt Road, Grandview, MO 64030
      View Details
    • $42,500

      Residential Land in Creekwood Subdivision

      Homesite in Grandview's Creekwood Subdivision, close to amenities.
      12200 Craig Drive, Grandview, MO 64030
      View Details
    • $174,900

      Established Automotive Business Opportunity

      Turnkey automotive service business for sale in Grandview, Missouri.
      12109 Merritt, Grandview, MO 64030
      View Details
    • $1,253,000

      Prime Land with Development Potential

      25 acres of undeveloped land with dual road frontage.
      E 147th Street, Grandview, MO 64030
      View Details
    • $122,500
      1,232 SF

      Updated Townhouse Near Golf Course

      Updated townhouse in a peaceful golf course community, move-in ready.
      14100 MERRYWOOD Lane, Grandview, MO 64030
      View Details
    • $9,600,000

      121-Unit Multifamily Complex in Grandview

      Stabilized asset with assumable loan in Grandview, Missouri.
      13901 Grandboro Lane, Grandview, MO 64030
      View Details
    • $750,000
      10,400 SF

      Grandview Warehouse Opportunity For Sale

      Warehouse property for sale in a prime Grandview location.
      901 Main Street, Grandview, MO 64030
      View Details
    • $4,950
      4,800 SF

      Industrial Building with Fenced Yard

      4,800 SF industrial building with office and fenced yard.
      12604 6th Street, Grandview, MO 64030
      View Details
    • $5,804,195
      14,490 SF

      Retail Property in Grandview, MO

      Retail property available for sale in Grandview, Missouri.
      1515 Main St, Grandview, MO
      View Details

    FAQs

    What type of property is this?
    Commercial land - Commercial land with house, zoned for industrial/commercial development.
    Where is this commercial land located?
    The property is located at 12301 3rd Street Grandview, MO.
    What is the asking price?
    The asking price for this property is $160,000.
    What are key features of this property?
    This property features: Zoned for industrial/commercial development.; Great location for commercial use.; Opportunity for commercial development.
    (888) 220-0988
    We can help!
    Listing Contact
    Jim Flippin
    Jim Flippin
    Real Estate License ID: 2006007634
    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!