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    101 Franklin St Raymore, MO 64083

    For Sale
    $934,000

    2.68 Acres, Prime Commercial Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 2.68-acre commercial lot, located at 101 N Franklin St, Raymore, MO 64083, presents a unique investment opportunity within the rapidly expanding Kansas City Metropolitan Area. Boasting excellent visibility from Hwy 58/West Walnut Street, this vertical ready land offers immediate development potential. All utilities are available on-site, ensuring a seamless construction process. The property enjoys convenient access to major thoroughfares including Hwy 58, I-49, Hwy 291, and I-470, providing unparalleled connectivity. This prime location serves as a primary thoroughfare entrance to over 350 homes in one of Missouri's fastest-growing cities. The surrounding area features established businesses such as American Self Storage, Edward Jones, Heart & Soul Church, and Fellowship Church Campus, creating a vibrant and desirable commercial environment. The asking price for this exceptional property is $934,000. Zoned for commercial use, including retail, office, and commercial flex spaces, this lot is ideal for a variety of development projects. Don't miss this chance to secure a prominent location in a thriving community.

    Property Features for 101 Franklin St

    General Information

    Property type
    Land
    Lot Size
    116,741 SF

    HighLights

    • 2.68‑acre commercial lot in Raymore, MO.
    • High visibility from Hwy 58/West Walnut Street.
    • All utilities available on‑site.
    • Excellent access to major highways (Hwy 58, I‑49, Hwy 291, I‑470).
    • Prime location at a major thoroughfare entrance to 350+ homes.
    • Surrounded by established businesses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Raymore
    County
    Cass
    State
    Missouri
    Longitude
    -94.451531618874
    Latitude
    38.804003872341

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    FAQs

    What type of property is this?
    Land - 2.68 Acres, Prime Commercial Location
    Where is this land located?
    The property is located at 101 Franklin St Raymore, MO.
    What is the asking price?
    The asking price for this property is $934,000.
    What are key features of this property?
    This property features: 2.68-acre commercial lot in Raymore, MO.; High visibility from Hwy 58/West Walnut Street.; All utilities available on-site.
    Request Owner's contact information
    101 Franklin St Raymore, MO 64083
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    Raymore, MO 64083
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    Realmo Value Estimation

    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.

    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.

    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
    101 Franklin St Raymore, MO 64083
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