Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1802-2010 State Route 291 Harrisonville, MO 64701
    Back to Search
    Property profile & analytics

    1802-2010 State Route 291 Harrisonville, MO 64701

    View on Map
    • Neighborhood centers
    • 45,258 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Neighborhood centers

    Property Details for 1802-2010 State Route 291

    Year built
    2005
    Property size
    45,258 SF
    Property type
    Neighborhood centers
    Property subtype
    Retail properties & Spaces

    Description

    This exceptional retail strip center, Harrisonville Crossing, presents a unique investment opportunity in the thriving Cass County market of Missouri. Located at 1802-2010 N. State Route 291 in Harrisonville, zip code 64701, this 45,258 square foot property boasts a prime location adjacent to a Walmart Supercenter, ensuring high visibility and foot traffic. Built in 2005, the center offers six total suites, with five currently available, ranging from a minimum of 900 square feet to a maximum contiguous space of 1,800 square feet. A total of 8,150 square feet is currently vacant, providing significant potential for immediate occupancy and revenue generation. The property benefits from its strategic location off the busiest Harrisonville exit on Highway 291, providing easy access to Interstate 49 and excellent accessibility for customers. This makes Harrisonville Crossing an ideal location for a variety of retail businesses seeking high exposure and convenient access for their clientele. The property is situated in Cass County, Missouri, offering a strong local market and a growing population base. This is a rare opportunity to acquire a well-located, established retail center with significant upside potential. Contact us today to learn more about this exceptional investment opportunity.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Harrisonville
    County
    Cass
    State
    Missouri
    Longitude
    -94.3685
    Latitude
    38.6681

    Comparable in this City

    • Value Estimation by Request
      6,000 SF

      291 Wn St

      SHOPPING CENTER, STRIP CENTER • 6,000 SF
      291 Wn St, Harrisonville, MO 64701
      View Details
    • Value Estimation
      $885,000
      21,310 SF

      642 Commercial St, Unit 694

      SHOPPING CENTER, STRIP CENTER • 21,310 SF
      642 Commercial St, Harrisonville, MO 64701-1653
      View Details
    • Value Estimation
      $545,000
      12,054 SF

      1921 Commercial St

      SHOPPING CENTER, STRIP CENTER • 12,054 SF
      1921 Commercial St, Harrisonville, MO 64701
      View Details
    • Value Estimation
      $785,000
      37,955 SF

      1799 Mechanic St

      SHOPPING CENTER, STRIP CENTER • 37,955 SF
      1799 Mechanic St, Harrisonville, MO 64701-2076
      View Details
    • Value Estimation by Request
      6,000 SF

      1601 State Rte 291

      SHOPPING CENTER, STRIP CENTER • 6,000 SF
      1601 State Rte 291, Harrisonville, MO 64701-1216
      View Details
    • Value Estimation
      $1,550,000
      45,480 SF

      1802 State Rte 291st, Unit 2016

      SHOPPING CENTER, STRIP CENTER • 45,480 SF
      1802 State Rte 291st, Harrisonville, MO 64701-1220
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      11,000 SF

      Unique Former County Jail

      Former jail ideal for filming, entertainment, retail, or office.
      208 W Pearl St, Harrisonville, MO 64701
      View Details
    • Contact for pricing

      Commercial Land for Development

      1.20 AC parcel suitable for retail, industrial, or office.
      2402 E Rock Haven Rd, Harrisonville, MO 64701
      View Details
    • $155,000
      3.26 Acres

      Harrisonville Acreage Homesite For Sale

      3.26 acre homesite in Dogwood Creek Estates.
      Travis Ln, Harrisonville, MO 64701
      View Details
    • $235,000
      7.06 Acres

      Harrisonville Acreage Homesite For Sale

      7.06 acre homesite in Dogwood Creek Estates.
      Travis Ln, Harrisonville, MO 64701
      View Details
    • $70,000
      0.20 Acres

      Residential Lot in Katy Trails

      Residential lot available in Katy Trails Subdivision, Harrisonville, MO.
      3113 Krissy Bnd Dr, Harrisonville, MO 64701
      View Details

    Similar Nearby for Lease

    • $129,600
      43,560 SF

      Former Restaurant with Drive-Thru

      Restaurant space with drive-thru, near Walmart and Whataburger.
      1800 N State Route 291, Harrisonville, MO 64701
      View Details
    • Contact for pricing
      5,619 SF

      Renovated Commercial Space on Square

      Renovated commercial space in historic Harrisonville Square. Endless possibilities.
      201 E Wall St, Harrisonville, MO 64701
      View Details
    • $10 SF/Yr
      1,200 SF

      Office Space Near Highway 291

      Office space with below market rents and highway signage.
      291 W North St, Harrisonville, MO 64701
      View Details
    • Contact for pricing
      75,939 SF

      Medical Office Space for Lease

      On-campus medical office space available near Cass Regional Medical Center.
      2820 E Rock Haven Rd, Harrisonville, MO 64701
      View Details
    Request Owner's contact information
    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.
    1802-2010 State Route 291
    Harrisonville, MO 64701
    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
    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

    Thank You for Inquiry
    1802-2010 State Route 291, Harrisonville, MO, 64701
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!