Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Residential Lot in Raymore, MO Title is generated by Realmo AI

    303 Crestview Court, Raymore, MO 64083

    View on Map
    Claim this Listing
    Pending
    $50,000

    LAND - Raymore, MO

    Lot size:
    0.20 Acres
    Added:
    Sep 23, 2025
    Days on Market:
    237
    Last Refresh:
    May 17 at 2:06 am

    Property Features for 303 Crestview Court

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    RES
    Vegetation
    Cleared
    Standard status
    Pending
    APN
    2237652
    Lot size
    0.20 Acres

    Taxes and HOA fees

    Tax Description
    ALEXANDER CREEK 2ND PLAT LOT 51
    Tax Annual Amount
    18

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Water source
    Public

    We can help!

    Listing Contact
    Ask Cathy Team

    Listing agent Ask Cathy Team

    Listing office Keller Williams Platinum Prtnr 3751 NE Ralph Powell Rd., Lee's Summit, MO

    Listing date Sep 23, 2025

    MLS# 2577057 Listing URL

    Copyright © 2026 Heartland Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 55+ Maintenance‑Provided Community: Enjoy effortless living with lawn maintenance and snow removal covered.
    • Serene Setting: Backs to walking trail, trees, and farmland, offering a peaceful environment.
    • Desirable Location: Situated in the coveted Alexander Creek neighborhood.
    • Level Lot on Cul‑de‑Sac: Provides ease of access and a safe, quiet environment.
    • Neighborhood Amenities: Includes a covered picnic area and walking trails for residents.
    • Convenient Utilities: Public water and sewer, plus cable availability.

    Overview

    This 0.195-acre level lot is located in the Alexander Creek 55+ maintenance-provided neighborhood in Raymore, Missouri. Situated on a cul-de-sac, the property backs to a walking trail, trees, and farmland, offering a serene setting. The neighborhood includes a covered picnic area and walking trails. HOA dues cover lawn maintenance and snow removal. The City of Raymore provides trash services. Covenants are provided in supplements and cover building requirements. The zoning is RES.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Hair Salon Building Supply Pharmacy HVAC Service Discount Store Cafe & Coffee Shop Electronics & Wireless Store Computer & Electronic Repair (Bike/Boat/Book/etc) Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Raymore
    County
    Cass
    State
    Missouri
    Longitude
    -94.405262
    Latitude
    38.807204

    Nearby Similar for Sale

    • $900,000
      5,904 SF

      Commercial Building on Spacious Lot

      All-brick building with basement on a .938-acre lot.
      401 W Foxwood Drive, Raymore, MO 64083
      View Details
    • $169,900

      Raymore Commercial Lots For Sale

      Four commercial lots in Raymore with high visibility and easy access.
      317 & 319 W Foxwood Drive, Raymore, MO 64083
      View Details
    • $250,000
      1,155 SF

      Raymore Duplex with Fenced Yard

      Duplex featuring a fenced yard, new hardware, and fixtures.
      505 Regina Court, Raymore, MO 64083
      View Details
    • $55,000

      Residential Lot in 55+ Community

      Residential lot in Raymore's 55+ maintenance-provided community.
      305 Crestview Court, Raymore, MO 64083
      View Details
    • $4,041,879
      14,500 SF

      Walgreens NNN Lease Investment Opportunity

      NNN leased Walgreens with six years remaining in Raymore, MO.
      1214 W Foxwood Dr, Raymore, MO 64083
      View Details
    • $3,975,000

      Raymore Land with Highway Frontage

      160+/- acre land parcel with highway frontage in Raymore, MO.
      1101 E WALNUT Street, Raymore, MO 64083
      View Details
    • $150,836

      Commercial Land Development Opportunity

      Commercial land for development in a growing suburban community.
      Lot 6 Municipal Circle, Raymore, MO 64083
      View Details
    • $149,828

      Commercial Land Development Opportunity

      Commercial land for sale in a growing suburban community.
      Lot 12 Municipal Circle, Raymore, MO 64083
      View Details
    • $135,707

      Commercial Land Development Opportunity

      Commercial land available in a rapidly growing suburban community.
      Lot 13 Municipal Circle N/A, Raymore, MO 64083
      View Details
    • $600,000

      Land with Highway Visibility

      Commercial land with high traffic and development potential.
      1282 W Foxwood Dr, Raymore, MO
      View Details
    • $4,450,000
      8,281 SF

      Raymore Retail Property For Sale

      Retail property with a strong credit tenant in Raymore, MO.
      1901 W Foxwood Dr, Raymore, MO
      View Details
    • $189,900

      Commercial Lots in Raymore

      Four commercial lots with high visibility and easy highway access.
      317 & 319 W Foxwood Drive, Raymore, MO 64083
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Level lot in 55+ community backing to walking trail.
    Where is this residential land & home lot located?
    The property is located at 303 Crestview Court Raymore, MO.
    What is the asking price?
    The asking price for this property is $50,000.
    What are key features of this property?
    This property features: 55+ Maintenance‑Provided Community: Enjoy effortless living with lawn maintenance and snow removal covered.; Serene Setting: Backs to walking trail, trees, and farmland, offering a peaceful environment.; Desirable Location: Situated in the coveted Alexander Creek neighborhood.
    (816) 268-4033
    We can help!
    Listing Contact
    Ask Cathy Team
    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
    303 Crestview Court, Raymore, MO 64083
    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!