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    12195 Blue Ridge Blvd Grandview, MO 64030

    Sponsored
    For Sale
    $2,170,000

    Former Hardee's, 2,944 sq ft, high traffic.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional 2,944-square-foot retail building presents a prime redevelopment opportunity. Located at 12195 Blue Ridge Blvd in Grandview, Missouri, this vacant, single-story property sits on a 1.04-acre lot and boasts excellent visibility. Built in 2017, the building is zoned C2 General Commercial and benefits from its position within Truman's Marketplace, a thriving 52-acre regional power center anchored by Ross, TJ Maxx, and Petco, among numerous other retailers. The property enjoys high traffic counts, exceeding 14,565 vehicles daily on Blue Ridge Boulevard, and offers convenient access to Interstate 49 (with over 89,000 vehicles per day). Its location is less than 15 miles from Kansas City, Missouri, and is surrounded by established retail, including a recently constructed Dutch Bros Coffee, CVS, Wendy's, KFC, Pizza Hut, McDonald's, and several auto parts stores. The surrounding area demonstrates strong demographics, with an average household income of $64,354 and over 50,000 residents within a 3-mile radius. This fee-simple property is offered at $2,170,000 and presents a compelling owner-user or redevelopment investment.

    Property Features for 12195 Blue Ridge Blvd

    General Information

    Property type
    Restaurants
    Lot Size
    45,302 SF

    Building Details

    Year Built
    2017
    Buildings
    1
    Stories
    1

    HighLights

    • Owner‑user or redevelopment opportunity: 2,944 SF retail building, built 2017.
    • 1.04‑acre lot.
    • High‑visibility location at Truman's Marketplace, a 52‑acre regional power center anchored by Ross, TJ Maxx, and Petco.
    • Excellent visibility: Blue Ridge Blvd frontage, at a main entrance to Truman's Marketplace, with over 14,565 VPD.
    • Convenient Interstate 49 access (89,000+ VPD).
    • Established retail area with nearby Dutch Bros Coffee, CVS, Wendy's, KFC, Pizza Hut, McDonald's, and more.
    Property Profile 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
    Grandview
    County
    Jackson
    State
    Missouri
    Longitude
    -94.5283692
    Latitude
    38.9047264

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    FAQs

    What type of property is this?
    Restaurant - Former Hardee's, 2,944 sq ft, high traffic.
    Where is this restaurant located?
    The property is located at 12195 Blue Ridge Blvd Grandview, MO.
    What is the asking price?
    The asking price for this property is $2,170,000.
    What are key features of this property?
    This property features: Owner-user or redevelopment opportunity: 2,944 SF retail building, built 2017.; 1.04-acre lot.; High-visibility location at Truman's Marketplace, a 52-acre regional power center anchored by Ross, TJ Maxx, and Petco.
    Request Owner's contact information
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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
    12195 Blue Ridge Blvd Grandview, MO 64030
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