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    Residential Property with Neutral Palette Title is generated by Realmo AI

    1026 Sandy Lane, Grain Valley, MO 64029

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    For Sale
    $166,000

    Property featuring a neutral color scheme and updated interior.

    Type:Condo/Townhome
    Property size:
    972 SF
    Lot size:
    0.12 Acres
    Price / SF:
    $170/SF
    Added:
    Mar 24, 2026
    Days on Market:
    105
    Last Refresh:
    Apr 6 at 3:26 am

    Property Features for 1026 Sandy Lane

    General Information

    Standard status
    Active
    Size
    972 SF
    Lot size
    0.12 Acres
    Property subtype
    Condo/Townhome

    Building Details

    Year Built
    1999

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    Benjamin Lytle

    Listing office Opendoor Brokerage 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 Opendoor Brokerage LLC

    HighLights

    • Seller may consider buyer concessions.
    • Freshly painted interior provides a clean, updated feel.
    • Neutral color paint scheme offers a versatile backdrop.
    • Kitchen features an accent backsplash.
    • Built in 1999.
    • Home is a canvas ready for personal touch.

    Overview

    This residential property offers 972 square feet of space. The interior features a neutral color paint scheme, providing a versatile backdrop. The kitchen includes an accent backsplash. The interior has been freshly painted, offering a clean and updated feel. The seller may consider buyer concessions.

    Local Financial Insights For Apartment 5plus

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $17.6k $18.12
    − Vacancy −$1.3k −$1.36
    EGI $16.3k $16.76
    − OpEx −$7.3k −$7.54
    NOI $9.0k $9.22
    972 SF · lease $18.12/SF/yr · vacancy 7.50% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $128.0K
    $112.0K – $149.3K (±1% cap)
    NOI $8,960 @ 7.0% cap · market cap 5.40%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Warehouse
    $255.6K
    $223.7K – $298.3K (±1% cap)
    NOI $17,895 @ 7.0% cap · market cap 10.78%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential income properties

    Suggested Use

    Law Firm Real Estate Agency Restaurant Dental Office Spa & Massage Center Hair Salon Food Market Grocery & Convenience Store Skin Care Clinic Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Grain Valley
    County
    Jackson
    State
    Missouri
    Longitude
    -94.2166268
    Latitude
    39.0047066

    FAQs

    What type of property is this?
    Residential income property - Property featuring a neutral color scheme and updated interior.
    Where is this residential income property located?
    The property is located at 1026 Sandy Lane Grain Valley, MO.
    What is the asking price?
    The asking price for this property is $166,000.
    What are key features of this property?
    This property features: Seller may consider buyer concessions.; Freshly painted interior provides a clean, updated feel.; Neutral color paint scheme offers a versatile backdrop.
    More about this property
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