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    Retail Space on Valley View

    19700 Valley View Pkwy Independence, MO 64057

    19700 Valley View Pkwy, Independence, MO, 64057
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    For Sale
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    Retail space available for sale in Independence, Missouri.

    Property Size6,269 SF
    Price / SF$242.46
    AddedMar 9, 2024
    Days on Market859
    Last RefreshJul 15 at 10:18 am

    Property Features for 19700 Valley View Pkwy

    General Information

    Standard status
    Active
    Size
    6,269 SF
    Property subtype
    Retail

    Listing office Block & Company Inc

    Listing date Mar 9, 2024

    Source Crexi

    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 Block & Company Inc

    Investment Insights

    Based on property information with market context.

    A 6,269-square-foot retail space is available for sale. The property is located on Valley View Parkway in Independence, Missouri.

    Key Highlights

    • No property information was provided to analyze.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $112.8k $18.00
    − Vacancy −$4.5k −$0.72
    EGI $108.3k $17.28
    − OpEx −$32.5k −$5.18
    NOI $75.8k $12.10
    6,269 SF · lease $18.00/SF/yr · vacancy 4.00% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $1.08M
    $947.9K – $1.26M (±1% cap)
    NOI $75,830 @ 7.0% cap · market cap 4.99%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $1.85M
    $1.62M – $2.16M (±1% cap)
    NOI $129,693 @ 7.0% cap · market cap 8.53%
    Zoning and permitted uses should be independently verified with local authorities.

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Big Box & Wholesale Store HVAC Service Parking Lot & Garage Storage Facility Kitchen & Bath Showroom Grocery & Convenience Store Garden Center Furniture & Home Goods Home Appliance Store Butcher

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

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    FAQs

    What type of property is this?
    Retail space - Retail space available for sale in Independence, Missouri.
    Where is this retail space located?
    The property is located at 19700 Valley View Pkwy Independence, MO.
    What is the asking price?
    The asking price for this property is $1,520,000.
    What are key features of this property?
    This property features: No property information was provided to analyze.
    Contact an agent
    (816) 412-7400 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Dakota Grizzle
    Dakota Grizzle
    Real Estate License ID: 2016044160
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