Duplex
For Sale
$140,000
8486 Lane Drive, Raytown, MO 64138
The residence was built in 1975 and is also offered alongside the other side of the duplex.
Property Size1,238 SF
Price / SF$113.09
Days on Market56
Property Features for 8486 Lane Drive
General Information
Standard status
Active
Size
1,238 SF
Property subtype
Half Duplex
Building Details
Year Built
1975
Listing Agency:
ReeceNichols-KCN
(816) 468-8555
Listed By:
Duane Krehbiel · License #2022006944
(913) 669-9261
Source:
Legendaryapartmentbrokers
Added: Sep 7
Changed: Oct 28
Last Checked: Oct 31 at 9:04PM
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 ReeceNichols-KCN
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Investment Insights
Based on property information with market context.
This residential income property is one side of a duplex at 8486 Lane Drive in Raytown, Missouri. The dwelling contains 1,238 square feet and was built in 1975. The opposite side of the duplex is also offered for sale, making both sides available together.
Key Highlights
- 1,238‑square‑foot residential income property
- Built in 1975
- The other side of the duplex is also offered for sale
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,413
Cap Rate
8.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$228,260
$228.3K
Cap Rate 7%
$163,043
$163.0K
Cap Rate 9%
$126,811
$126.8K
Market Conditions
NOI Build-Up for 1,238 SF
Gross rent
$22.4K $18.12/SF
− Vacancy
−$1.7K −$1.36/SF
EGI
$20.8K $16.76/SF
− OpEx
−$9.3K −$7.54/SF
NOI
$11.4K $9.22/SF
Area
Jackson County, MO
Vacancy
7.50%
Lease Rate
$18.12 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$228,260
Cap Rate 7%
$163,043
Cap Rate 9%
$126,811
Alternative Uses
Best Use
Apartment 5plus
$163.0K
$142.7K – $190.2K
NOI $11,413 @ 7.0% cap · market cap 8.15%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$325.6K
$284.9K – $379.9K
NOI $22,792 @ 7.0% cap · market cap 16.28%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Location Intelligence
Trade Area within ½ mile
107
Businesses Nearby
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Business Placement
Demographics for 64138, MO
25,565
Population
11,273
Households
2.3
Avg Household Size
38
Median Age
22%
College-Educated
92%
High-School Grad
13.3 sq mi
ZIP Area
1,922
Density / Sq Mi
$54,619
Median Household Income
$39,210
Median Earnings
$1,127
Median Rent
$164,900
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - The residence was built in 1975 and is also offered alongside the other side of the duplex.
Where is this residential income property located?
The property is located at 8486 Lane Drive Raytown, MO.
What is the asking price?
The asking price for this property is $140,000.
What are key features of this property?
This property features: 1,238‑square‑foot residential income property; Built in 1975; The other side of the duplex is also offered for sale
