Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Prime Redevelopment Site in Kearney Title is generated by Realmo AI

    100 W 92 Highway, Kearney, MO 64060

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,600,000

    Former bank drive-thru with redevelopment potential on a busy intersection.

    Type:Commercial/Industrial
    Property size:
    999,999 SF
    Lot size:
    1.44 Acres
    Price / SF:
    $1.60/SF
    Added:
    Mar 14, 2023
    Days on Market:
    1171
    Last Refresh:
    May 19 at 8:50 pm

    Property Features for 100 W 92 Highway

    General Information

    Standard status
    Active
    Size
    999,999 SF
    Lot size
    1.44 Acres
    Property subtype
    Commercial/Industrial

    We can help!

    Listing Contact
    Glennon Real Estate Experts

    Listing agent Glennon Real Estate Experts

    Listing office EXP Realty LLC

    Listing date Mar 14, 2023

    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 EXP Realty LLC

    HighLights

    • High‑traffic location at the busiest intersection in Kearney, Missouri.
    • Excellent redevelopment pad site potential.
    • Former bank drive‑thru location, suitable for various businesses.
    • Located across from CVS Pharmacy and at the intersection of two state highways.
    • Class A location for a marquee stand‑alone anchor business.
    • Situated in a AAA‑rated school system and one of Missouri's fast‑growing towns.

    Overview

    This property, formerly an Academy Bank Express drive-thru location and previously a KCB Bank, is situated on a high-traffic intersection in Kearney, Missouri, directly across from a CVS Pharmacy and at the junction of two state highways. The site offers redevelopment potential and could serve as a location for a stand-alone anchor business. It is located within an AAA-rated school system in Kearney, one of Missouri's rapidly growing towns. The property is suitable for banks, retail spaces, commercial land use, and general commercial real estate purposes.
    Location Intelligence

    Current Use by Public Records

    Banks

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Kearney
    County
    Clay
    State
    Missouri
    Longitude
    -94.3783
    Latitude
    39.3643

    Nearby Similar for Sale

    • $400,000
      4,100 SF

      Kearney Commercial Property For Sale

      Versatile commercial property in Kearney, Missouri, with multiple business opportunities.
      205 Southbrook Parkway, Kearney, MO 64060
      View Details
    • $665,000

      Kearney Commercial Opportunity For Sale

      Updated commercial building with high visibility and flexible space.
      307 S Jefferson Street, Kearney, MO 64060
      View Details
    • $750,000

      Kearney Industrial Land Opportunity

      Premier industrial land in rapidly growing corridor, ready for build-out.
      W Innovation Drive lot: 2, Kearney, MO 64060
      View Details
    • $750,000

      Kearney Industrial Opportunity For Sale

      Premier industrial land in growing corridor with development underway.
      Tract 2 W Innovation Drive, Kearney, MO 64060
      View Details
    • $370,000

      Turnkey Duplex in Kearney, MO

      Remodeled duplex with modern updates, new AC, and spacious yard.
      1301 Ada Street, Kearney, MO 64060
      View Details
    • $23

      New Retail Space in Kearney

      New retail space in growing community with highway access.
      Commerce Drive lot: 4, Kearney, MO 64060
      View Details
    • $800,000

      Commercial Land in Kearney, MO

      Commercial/Industrial zoned land parcel available for sale.
      Parcel B W Washington Street, Kearney, MO 64060
      View Details
    • $1,250,000

      Kearney Industrial Land Opportunity

      Premier industrial land in growing corridor, ready for build-out.
      W Innovation Drive lot: 1, Kearney, MO 64060
      View Details
    • $1,250,000

      Kearney Industrial Land Opportunity

      Premier industrial land in growing corridor with development underway.
      Tract 1 W Innovation Drive, Kearney, MO 64060
      View Details
    • $400,000

      Kearney, MO Commercial Land

      1.05 acre commercial land parcel in Kearney, Missouri.
      Parcel A W Washington Street, Kearney, MO 64060
      View Details
    • $400,000
      2,286 SF

      Versatile Commercial Property in Kearney

      Formerly a daycare, this property offers endless business opportunities.
      205 Southbrook Parkway, Kearney, MO 64060
      View Details
    • $1,250,000

      Kearney, MO Commercial Land

      2.59 acre industrial/commercial land parcel for sale.
      Parcel C W State Route 92, Kearney, MO 64060
      View Details

    FAQs

    What type of property is this?
    Bank - Former bank drive-thru with redevelopment potential on a busy intersection.
    Where is this bank located?
    The property is located at 100 W 92 Highway Kearney, MO.
    What is the asking price?
    The asking price for this property is $1,600,000.
    What are key features of this property?
    This property features: High‑traffic location at the busiest intersection in Kearney, Missouri.; Excellent redevelopment pad site potential.; Former bank drive‑thru location, suitable for various businesses.
    (816) 628-6060
    We can help!
    Listing Contact
    Glennon Real Estate Experts
    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

    Thank You for Inquiry
    100 W 92 Highway, Kearney, MO 64060
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!