Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2002 Commercial St Harrisonville, MO 64701

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Prime QSR land, high traffic location.

    Property Features for 2002 Commercial St

    General Information

    Property type
    Restaurants

    We can help!

    Listing Contact
    David Block
    David Block

    Listing Agency: Block & Company Inc Listing Agent: David Block

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional 38,769 square foot commercial land parcel in Harrisonville, Missouri, presents a unique investment opportunity. Located at 2002 N. Commercial Street, this property boasts a highly desirable location with easy access to Interstate 49, ensuring high visibility and convenient access for customers. The asking price is $900,000. The property is classified as Retail, Land, and includes a former drive-thru building, making it an ideal site for a quick-service restaurant (QSR) or similar commercial venture. Its hard corner pad site location provides excellent exposure to traffic. The area enjoys strong tenant occupancy with established businesses such as QuikTrip, Taco Bell, Culvers, Arby's, and Starbucks nearby, creating a vibrant and successful commercial environment. This owner/user investment opportunity is situated in Cass County, Missouri, zip code 64701, offering significant potential for growth and return on investment. The property's size and location make it an attractive proposition for businesses seeking a prominent presence in a thriving commercial area. The inclusion of the former drive-thru building offers potential for repurposing or redevelopment, adding further value to the property.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Harrisonville
    County
    Cass
    State
    Missouri
    Longitude
    -94.3658238
    Latitude
    38.6634164

    Nearby Similar for Sale

    • $315,000
      2,500 SF

      Turn-Key Restaurant Opportunity

      Restaurant ready to open with equipment included on a busy road.
      1806 Commercial St, Harrisonville, MO 64701
      View Details
    • $450,000

      Harrisonville Office Building - $450K

      Prime Medical/Executive Office Space in Missouri
      2100 Mechanic St, Harrisonville, MO 64701
      View Details
    • $450,000
      0.48 Acres

      Commercial Property on Corner Lot

      Commercial property with modern office space and ample parking.
      2100 E Mechanic St, Harrisonville, MO 64701
      View Details
    • $975,000
      0.29 Acres

      Renovated Apartment Buildings Portfolio

      Fully renovated apartment buildings with flexible purchase options in Harrisonville, MO.
      904 Twin Oaks Ter, Harrisonville, MO 64701
      View Details
    • $865,000
      0.27 Acres

      Renovated Apartment Buildings Portfolio

      Portfolio of 10 renovated apartment buildings in Harrisonville, Missouri.
      2200 Mission Rd, Harrisonville, MO 64701
      View Details
    • $675,000
      0.31 Acres

      Renovated Apartment Buildings Portfolio

      Fully renovated apartment buildings with flexible purchase options in Harrisonville, MO.
      2203 Mission Rd, Harrisonville, MO 64701
      View Details
    • $525,000
      0.22 Acres

      Renovated Apartment Buildings Portfolio

      Portfolio of 10 renovated apartment buildings with flexible purchase options.
      2203 Twin Oaks Dr, Harrisonville, MO 64701
      View Details
    • $845,000
      0.26 Acres

      Renovated Apartment Buildings Portfolio

      Portfolio of renovated apartment buildings in Harrisonville, Missouri.
      902 Twin Oaks Ter, Harrisonville, MO 64701
      View Details
    • $975,000
      0.30 Acres

      Renovated Apartment Buildings Portfolio

      Portfolio of renovated apartment buildings in Harrisonville, Missouri.
      1000 Twin Oaks Ter, Harrisonville, MO 64701
      View Details
    • $675,000
      0.26 Acres

      Renovated Apartment Buildings Portfolio

      Portfolio of renovated apartment buildings in Harrisonville, Missouri.
      2201 Twin Oaks Dr, Harrisonville, MO 64701
      View Details
    • $975,000
      0.39 Acres

      Renovated Apartment Buildings Portfolio

      Portfolio of renovated apartment buildings in Harrisonville, Missouri.
      1003 Twin Oaks Ter, Harrisonville, MO 64701
      View Details
    • $865,000
      0.24 Acres

      Renovated Apartment Buildings Portfolio

      Portfolio of 10 renovated apartment buildings in Harrisonville, MO.
      1002 Twin Oaks Ter, Harrisonville, MO 64701
      View Details

    FAQs

    What type of property is this?
    Restaurant - Prime QSR land, high traffic location.
    Where is this restaurant located?
    The property is located at 2002 Commercial St Harrisonville, MO.
    What is the asking price?
    The asking price for this property is $900,000.
    What are key features of this property?
    This property features: Excess QuikTrip land available for sale.; 38,769 square feet available for development.; High-visibility hard corner pad site.
    (816) 412-7400 Call to check price and availability
    Request Owner's contact information
    2002 Commercial St Harrisonville, MO 64701
    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.
    2002 Commercial St
    Harrisonville, MO 64701
    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
    2002 Commercial St Harrisonville, MO 64701
    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

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing David Block
    David Block
    Real Estate License ID: BR00015006
    (816) 412-7400 (816) 591-1400 (816) 753-6000
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!