Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Blue Springs Commercial Land Opportunity Title is generated by Realmo AI

    3403 S R D Mize Road, Blue Springs, MO 64015

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $194,000

    COMMERCIAL - Blue Springs, MO

    Lot size:
    1.10 Acres
    Added:
    Mar 8, 2025
    Days on Market:
    435
    Last Refresh:
    May 17 at 1:06 am

    Property Features for 3403 S R D Mize Road

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    COMM
    Standard status
    Active
    APN
    24-940-11-24-00-0-00-000
    Lot size
    1.10 Acres

    Taxes and HOA fees

    Tax Description
    Cardinal Woods Commercial Tract Lot 1
    Tax Annual Amount
    3296

    Utilities

    Water source
    Public

    We can help!

    Listing Contact
    Parisa Pourmemar

    Listing agent Parisa Pourmemar License #2020033629

    Listing office Platinum Realty LLC 9393 West 110th St Suite 170, Overland Park, MO

    Listing date Mar 8, 2025

    MLS# 2534914 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

    • Highly‑visible location at an intersection.
    • Excellent potential for business growth.
    • Close proximity to several neighborhoods.
    • Ideal location for business expansion or start‑up.
    • Easy accessibility.
    • Public water source available.

    Overview

    This 1.1-acre commercial land parcel is located in Blue Springs, Missouri. The property is zoned COMM and offers an opportunity for business development or expansion in a highly visible location with growth potential. Situated near residential neighborhoods, a hair salon, and a fire station, the lot benefits from its proximity to local amenities. Its location at an intersection provides maximum exposure and accessibility. The property is located at 3403 S R D Mize Road, Blue Springs, MO 64015.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Blue Springs
    County
    Jackson
    State
    Missouri
    Longitude
    -94.314865
    Latitude
    39.05503

    Nearby Similar for Sale

    • $535,000

      Commercial Office Space For Sale

      Well-maintained office building on frontage road in Blue Springs, MO.
      1201 NW North Ridge Drive, Blue Springs, MO 64015
      View Details
    • $348,000

      Turnkey Duplex in Plaza Estates

      Income-producing duplex with long-term tenants in Blue Springs, MO.
      1901 & 1903 SW Skyline Drive, Blue Springs, MO 64015
      View Details
    • $410,000

      Blue Springs Multifamily Investment Property

      Clean duplex near shopping, great investment opportunity, sold as-is.
      2401 & 2403 SW 6th Street, Blue Springs, MO 64014
      View Details
    • $410,000

      Blue Springs Multifamily Investment Opportunity

      Clean, rented duplex near shopping and services in Blue Springs.
      2313 & 2315 SW 6th Street, Blue Springs, MO 64014
      View Details
    • $1,600,000
      6,500 SF

      Industrial Land with Truck Repair

      Almost 5 acres with diesel truck repair shop and office.
      814 SE Sunny School Circle, Blue Springs, MO 64014
      View Details
    • $525,000
      4,000 SF

      Versatile Medical/Office Space Available

      Adaptable space suitable for medical or general office use.
      1900 NW Copper Oaks Circle, Blue Springs, MO 64015
      View Details
    • $500,000

      Income-Generating Triplex in Blue Springs

      Passive investment opportunity with upside in Blue Springs, Missouri.
      273-277 NE Adams Dairy Parkway, Blue Springs, MO 64014
      View Details
    • $652,800
      5,440 SF

      Blue Springs Commercial Building For Sale

      5,440 SF commercial building with warehouse, office, and storage space.
      702 SW South Avenue, Blue Springs, MO 64015
      View Details
    • $2,500,000

      90-Room Hospitality Property in Missouri

      Stabilized, cash-flowing 90-room hospitality property in a strong regional market.
      3400 NW Jefferson Street, Blue Springs, Missouri 64015
      View Details
    • Contact for pricing

      Mo' Bettahs NNN Investment Property

      NNN leased Mo’Bettahs in Blue Spring, Missouri.
      806 SW State Route 7, Blue Springs, MO
      View Details
    • $380,000

      Blue Springs Multifamily Investment Property

      Clean, rented duplex near shopping and services. Investment opportunity.
      209 & 213 SW South Avenue, Blue Springs, MO 64014
      View Details
    • $154,900

      Residential Land in Blue Springs

      3.5 acre residential land for sale in Blue Springs.
      28604 SE Ryan Road, Blue Springs, MO 64014
      View Details

    FAQs

    What type of property is this?
    Commercial land - Prime commercial lot in Blue Springs with high visibility.
    Where is this commercial land located?
    The property is located at 3403 S R D Mize Road Blue Springs, MO.
    What is the asking price?
    The asking price for this property is $194,000.
    What are key features of this property?
    This property features: Highly‑visible location at an intersection.; Excellent potential for business growth.; Close proximity to several neighborhoods.
    (913) 952-0433
    We can help!
    Listing Contact
    Parisa Pourmemar
    Real Estate License ID: 2020033629
    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
    3403 S R D Mize Road, Blue Springs, MO 64015
    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!