Retail Space on Valley
For Sale
Contact for pricing
19700 E Valley View Parkway, Independence, MO 64057
Retail space available for sale in Independence, Missouri.
Property Size6,269 SF
Price / SF$215.35
Days on Market950
Property Features for 19700 E Valley View Parkway
General Information
Standard status
Active
Size
6,269 SF
Property subtype
Retail
Occupancy
100%
Lease Type
NNN
Building Details
Tenancy
Single
Listing Agency:
Block & Company Inc
Listed By:
Dakota Grizzle · License #00245828
(816) 753-6000
Source:
Crexi
Added: Mar 9, 2024
Changed: Oct 11
Last Checked: Oct 12 at 6:18PM
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 Block & Company Inc
Investment Insights
Based on property information with market context.
A 6,269-square-foot retail space is available for sale. The property is located on Valley View Parkway in Independence, Missouri.
Key Highlights
- No property information was provided to analyze.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$75,830
Cap Rate
5.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,516,600
$1.5M
Cap Rate 7%
$1,083,286
$1.1M
Cap Rate 9%
$842,556
$842.6K
Market Conditions
NOI Build-Up for 6,269 SF
Gross rent
$112.8K $18.00/SF
− Vacancy
−$4.5K −$0.72/SF
EGI
$108.3K $17.28/SF
− OpEx
−$32.5K −$5.18/SF
NOI
$75.8K $12.10/SF
Area
Independence, MO
Vacancy
4.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,516,600
Cap Rate 7%
$1,083,286
Cap Rate 9%
$842,556
Alternative Uses
Best Use
Retail
$1.08M
$947.9K – $1.26M
NOI $75,830 @ 7.0% cap · market cap 5.62%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.85M
$1.62M – $2.16M
NOI $129,693 @ 7.0% cap · market cap 9.61%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
728
Businesses Nearby
286k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 61%
Shops & Services 26%
Home Improvements & Furnishings 6%
Hotels & Casinos 5%
QuikTrip
Shops & Services
56,271 visits/mo
0.5 miles
Culver's
Dining
28,844 visits/mo
0.3 miles
Dutch Bros. Coffee
Dining
21,169 visits/mo
0.5 miles
Black Bear Diner
Dining
19,768 visits/mo
0.4 miles
World Market
Home Improvements & Furnishings
17,363 visits/mo
0.2 miles
Demographics for 64057, MO
14,830
Population
6,652
Households
2.2
Avg Household Size
44
Median Age
29%
College-Educated
94%
High-School Grad
14.7 sq mi
ZIP Area
1,009
Density / Sq Mi
$71,441
Median Household Income
$44,391
Median Earnings
$1,139
Median Rent
$235,700
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Retail space available for sale in Independence, Missouri.
Where is this retail space located?
The property is located at 19700 E Valley View Parkway Independence, MO.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: No property information was provided to analyze.
