Add Listing
    For Lease
    • 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

    19401 Us Highway 40 Independence, MO 64064

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing
    Lot size:
    26,000 SF

    Property Features for 19401 Us Highway 40

    General Information

    Property type
    Office properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    26,000 SF
    Class
    C
    Total Rate
    30333.33

    Building Details

    Year Built
    1986
    Buildings
    1

    Spaces For Lease

    at 19401 Us Highway 40, Independence, MO 64064 Contact us
    Unit Suite 155

    $14 /Mo

    Size
    1,650 SF
    Contact us
    Unit Suite 150

    $14 /Mo

    Size
    1,665 SF
    Contact us

    We can help!

    Listing Contact
    Josh Haith
    Josh Haith

    Listing Agency: Haith and Company, Inc. Listing Agent: Josh Haith

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

    Learn more

    Property Profile Location Intelligence

    Current Use by Public Records

    Express Medical Transportation ... Freight Service Rochelle Walsh Foster Care Service The Arc of the Ozarks - Kansas ... Charitable Organization About Health Chiropractic Medical Clinic Uhl & Kelling Integrative ... Alternative Medicine Practice

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Independence
    County
    Jackson
    State
    Missouri
    Longitude
    -94.352653428802
    Latitude
    39.029291374785

    Nearby Similar for Lease

    • $18 SF/Yr
      213,444 SF

      Eastland Center Retail Space Available

      Prime retail space in high-traffic area near I-70 and MO-291.
      18900 E Valley View Pkwy, Independence, MO 64055
      View Details
    • Contact for pricing
      1,400 SF

      Retail Space Near Highway 291

      Retail space available near major retailers and medical center.
      19130 E 39Th St S D, Independence, MO 64057
      View Details
    • Contact for pricing
      1,600 SF

      Retail/Medical Space on Highway 40

      Retail or medical spaces available for lease on Highway 40.
      17000 E Us Highway 40, Independence, MO 64055
      View Details
    • Contact for pricing
      1,237 SF

      Office Spaces Available in 2025

      Office spaces for rent with ample parking and updates.
      3675 S Noland Rd, Independence, MO 64055
      View Details
    • Contact for pricing
      2,100 SF

      Retail Space on 39th Street

      2,100 SF retail space with excellent visibility on 39th Street.
      3901 S Bolger Rd, Independence, MO 64055
      View Details
    • Contact for pricing
      1,450 SF

      Retail Space Available for Rent

      Retail space available for lease in Independence, Missouri.
      15904 East 23Rd St South, Independence, MO 64055
      View Details
    • Contact for pricing
      2,357 SF

      Office Space Near I-70/I-470

      Centrally located office space with good highway visibility.
      4721-4731 S Cliff Ave, Independence, MO 64055
      View Details
    • Contact for pricing
      779 SF

      Retail Space in Independence Center

      Retail spaces available for lease in a super-regional shopping mall.
      18801-18813 E 39Th St S, Independence, MO 64057
      View Details
    • Contact for pricing
      5,653 SF

      Freestanding Retail Building For Lease

      5,653 SF freestanding retail building in established Independence, Missouri corridor.
      19921 E Jackson Dr, Independence, MO 64057
      View Details
    • Contact for pricing
      1,200 SF

      Retail Space in Upgraded Center

      Retail spaces available in recently upgraded shopping center.
      17911-18011 E Us Highway 24, Independence, MO 64056
      View Details
    • Contact for pricing
      9,598 SF

      Restaurant Space Near Bass Pro

      Fully equipped restaurant space with high visibility and traffic.
      18201 Bass Pro Dr, Independence, MO 64055
      View Details
    • Contact for pricing
      150,816 SF

      Prime Independence Center Space

      Massive Retail/Office/Industrial Space Available
      18777 39Th St, Independence, MO 64057
      View Details

    FAQs

    Where is this office property located?
    The property is located at 19401 Us Highway 40 Independence, MO.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: Great retail, office, and medical office center with easy Highway 40 access.; Rents start at $14.00/SF + $3.00/SF CAM.; Suite sizes range from 700 SF to 1,705 SF.
    (913) 888-3456 Call to check price and availability
    Request Owner's contact information
    19401 Us Highway 40 Independence, MO 64064
    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.
    19401 Us Highway 40
    Independence, MO 64064
    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
    19401 Us Highway 40 Independence, MO 64064
    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 Josh Haith
    Josh Haith
    Real Estate License ID: 2011012354
    (913) 888-3456
    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!