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

    11005 Hickman Mills Dr Kansas City, MO 64134

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

    0.64 Acres, High Visibility, I-49 Access

    Property Features for 11005 Hickman Mills Dr

    General Information

    Property type
    Land
    Lot Size
    27,878 SF

    We can help!

    Listing Contact
    Patrick Willett
    Patrick Willett

    Listing Agency: Pace Properties Listing Agent: Patrick Willett

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

    Learn more

    Overview

    This exceptional 0.64-acre commercial land parcel presents a unique investment opportunity in Kansas City, Missouri. Strategically located at 11005 Hickman Mills Drive, in Jackson County, zip code 64134, this property boasts strong visibility from Hickman Mills Drive, ensuring high traffic exposure for any future development. Its convenient location offers easy access to Interstate 49, just 0.22 miles away, providing excellent connectivity to major transportation routes and enhancing its overall accessibility. The property's size provides ample space for a variety of commercial uses, making it suitable for businesses seeking a prominent location with significant visibility and convenient access to key transportation arteries. The latitude and longitude coordinates are 38.92440902, -94.52349734 respectively. This is a rare opportunity to acquire a well-positioned commercial land parcel in a thriving area of Kansas City. The property is classified as commercial land and is ready for development. Serious inquiries are encouraged.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    Kansas City
    County
    Jackson
    State
    Missouri
    Longitude
    -94.52349734
    Latitude
    38.92440902

    Nearby Similar for Sale

    • $199,000
      871 SF

      Professional Office Condo For Sale

      Own your office space in a high-traffic location.
      5950 N Oak Trfy, Kansas City, MO 64118
      View Details
    • $225,000
      0.04 Acres

      Grocery Store Opportunity, Kansas City

      Grocery/convenience store and smoke shop at a busy intersection.
      3445 Woodland Ave, Kansas City, MO 64109
      View Details
    • $1,700,000
      0.20 Acres

      Commercial Building in North Kansas

      Two-unit commercial building with outdoor patio and mezzanine level.
      1825-1827 Buchanan St, Kansas City, MO 64116
      View Details
    • $350,000
      0.12 Acres

      Auto Shop on High-Traffic Thoroughfare

      Well-equipped auto repair shop and used car lot for sale.
      1201 Van Brunt Blvd, Kansas City, MO 64127
      View Details
    • $450,000
      0.88 Acres

      Commercial 5-Plex Investment Opportunity

      Five-unit property with income potential in a desirable location.
      8828 N Main St, Kansas City, MO 64155
      View Details
    • $325,000
      8,712.00 Acres

      Waldo Duplex: Investor Opportunity

      Versatile duplex in desirable Waldo, Kansas City with upside potential.
      7625 Baltimore Ave, Kansas City, MO 64114
      View Details
    • $850,000
      0.24 Acres

      Modern Kansas City Fourplex

      Fully rented fourplex property in an excellent Kansas City location.
      10620-10626 N Locust Ct, Kansas City, MO 64155
      View Details
    • $850,000
      0.22 Acres

      Modern Kansas City Fourplex

      Four-unit multi-family property in an excellent Kansas City location.
      10611-10617 N Locust Ct, Kansas City, MO 64155
      View Details
    • $350,000
      0.32 Acres

      Gladstone Duplex in Desirable Location

      Fully rented duplex with two units in Gladstone, Missouri.
      325-327 NW 62Nd Ter, Kansas City, MO 64118
      View Details
    • $775,000
      1.22 Acres

      Industrial Building with Fenced Yard

      Move-in-ready warehouse/shop with outdoor storage in established industrial corridor.
      7900 E 17Th St, Kansas City, MO 64126
      View Details
    • $675,000
      0.63 Acres

      New-Construction 10-Unit Multifamily Asset

      Renovated 10-unit property with expansion potential in Kansas City, MO.
      8705 E 63Rd Trfy, Kansas City, MO 64133
      View Details
    • $330,000
      Pending

      Kansas City Multifamily Investment Opportunity

      Stable, cash-flowing multifamily property with long-term tenants in Kansas City.
      8604 Countryshire Ln, Kansas City, MO 64133
      View Details

    FAQs

    What type of property is this?
    Land - 0.64 Acres, High Visibility, I-49 Access
    Where is this land located?
    The property is located at 11005 Hickman Mills Dr Kansas City, MO.
    What are key features of this property?
    This property features: 0.22 miles to I-49.; High visibility from Hickman Mills Drive.;
    (314) 968-9898 Call to check price and availability
    Request Owner's contact information
    11005 Hickman Mills Dr Kansas City, MO 64134
    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.
    11005 Hickman Mills Dr
    Kansas City, MO 64134
    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
    11005 Hickman Mills Dr Kansas City, MO 64134
    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 Patrick Willett
    Patrick Willett
    Real Estate License ID: 2002023299
    (314) 968-9898 (314) 420-2122
    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!