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    5615 Bannister Rd Kansas City, MO 64137

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    For Sale
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    Grocery-anchored land, high traffic, ideal for QSR/Bank/Restaurant.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.05-acre lot, situated at 5615 Bannister Rd in Kansas City, Missouri (zip code 64137), presents a unique investment opportunity. The property is ideally positioned within the thriving Pioneer Plaza, a grocery-anchored center featuring a high-performing Price Chopper. Its strategic location offers unparalleled visibility and accessibility, boasting nearly 20,000 vehicles per day on Bannister Road and convenient access to Interstate 435 (with 85,000 vehicles per day). The site benefits from its proximity to a significant new development: a state-of-the-art Oracle office campus, a $1 billion project encompassing 3.7 million square feet across 290 acres. This vibrant area is experiencing substantial growth, with numerous new restaurants and retailers already established or soon to open, including Taco Bell, Heartland Dental, Arvest Bank, Starbucks, and Whataburger. The property is zoned for Bank, QSR/Fast Food, and Restaurant uses, making it an excellent choice for a variety of commercial ventures. This land parcel offers a compelling combination of high traffic counts, strong surrounding businesses, and proximity to a major corporate campus, presenting a rare opportunity for significant return on investment.

    Property Features for 5615 Bannister Rd

    General Information

    Property type
    Restaurants
    Lot Size
    45,738 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Life Storage - Kansas ... Self-Storage Facility

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Kansas City
    County
    Jackson
    State
    Missouri
    Longitude
    -94.523746739084
    Latitude
    38.952908185126

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    FAQs

    What type of property is this?
    Restaurant - Grocery-anchored land, high traffic, ideal for QSR/Bank/Restaurant.
    Where is this restaurant located?
    The property is located at 5615 Bannister Rd Kansas City, MO.
    Request Owner's contact information
    5615 Bannister Rd Kansas City, MO 64137
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    Kansas City, MO 64137
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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
    5615 Bannister Rd Kansas City, MO 64137
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