Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1 Metro Ave Leavenworth, KS 66048

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1 Metro Ave Leavenworth, KS 66048

    View on Map
    • Land
    • 4.27 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 1 Metro Ave

    Lot size
    4.27 lot acres
    Property type
    Land

    Description

    This exceptional 4.27-acre residential lot presents a unique opportunity to build your dream home in the desirable Tonganoxie, Kansas area. Located on Metro Avenue, this property boasts a tranquil setting with mature trees and a pond, offering a peaceful escape from city life while remaining conveniently located. The land is zoned for residential use, providing ample space to create a custom home tailored to your specific needs and preferences. The asking price is $99,950. The property's rural charm is complemented by the convenience of nearby amenities and the welcoming community of Tonganoxie. Buyers are responsible for verifying all information, including but not limited to zoning regulations, utilities availability, and building codes. Property taxes are estimated. This is a rare opportunity to own a substantial piece of land in a highly sought-after location, perfect for those seeking the serenity of country living with easy access to urban conveniences. The address is Lot 1 Metro Avenue, Tonganoxie, KS 66048, located in Leavenworth County. Latitude and longitude coordinates are available upon request. Don't miss this chance to build your idyllic retreat.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Leavenworth
    County
    Leavenworth
    State
    Kansas
    Longitude
    -94.9279
    Latitude
    39.3104

    Comparable in this City

    • Value Estimation by Request
      5.60 Acres

      0000 Eisenhower Rd

      Land • 5.60 Acres
      0000 Eisenhower Rd, Lansing, KS 66048
      View Details
    • Value Estimation by Request
      1.14 Acres

      2104 Limit St

      Land • 1.14 Acres
      2104 Limit St, Leavenworth, KS 66048
      View Details
    • Value Estimation by Request
      3.41 Acres

      3 20Th St

      Land • 3.41 Acres
      3 20Th St, Leavenworth, KS 66048
      View Details
    • Value Estimation by Request
      5.00 Acres

      5 219Th St

      Farms • 5.00 Acres
      5 219Th St, Leavenworth, KS 66048
      View Details
    • Value Estimation by Request
      5.12 Acres

      00000 Michals Rd

      Farms • 5.12 Acres
      00000 Michals Rd, Leavenworth, KS 66048
      View Details
    • Value Estimation by Request
      3.60 Acres

      2 Eisenhower Rd

      Land • 3.60 Acres
      2 Eisenhower Rd, Lansing, KS 66048
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Leavenworth Land For Sale

      Land available in Leavenworth, Kansas.
      4816 10Th Ave, Leavenworth, KS 66048
      View Details
    • Contact for pricing

      Leavenworth Building Site For Sale

      Building site available in the historic area of Leavenworth.
      783 Miami St, Leavenworth, KS 66048
      View Details
    • Contact for pricing

      Leavenworth Land For Sale

      Land available in Leavenworth, Kansas.
      4714 10Th Ave, Leavenworth, KS 66048
      View Details
    • Contact for pricing

      Leavenworth Land for Sale

      Land available in Leavenworth, Kansas.
      4710 10Th Ave, Leavenworth, KS 66048
      View Details
    • Contact for pricing
      0.49 Acres

      Leavenworth Retail Land Opportunity

      High-traffic retail land, prime location.
      0 Metropolitan Ave, Leavenworth, KS 66048
      View Details
    • $3,750,000
      Pending

      Leavenworth Multifamily Investment Opportunity

      Mix-use building with potential for residential community.
      600 Shawnee St, Leavenworth, KS 66048
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Prime Commercial Land Opportunity

      Land available for ground lease, sale, or build-to-suit.
      551 Metropolitan Ave, Leavenworth, KS 66048
      View Details
    • Contact for pricing

      Prime Pad Site For Rent

      Outparcel near hotels and Fort Leavenworth with high traffic.
      410 Cheyenne St, Leavenworth, KS 66048
      View Details
    • Contact for pricing

      Retail Space in Leavenworth Center

      Retail spaces available in center near Genesis Health Club.
      2920 S 4Th St, Leavenworth, KS 66048
      View Details
    • Contact for pricing

      Leavenworth Retail/Commercial Leasing Opportunity

      Prime location with high visibility, ideal for retail or commercial.
      1700 10Th Ave, Leavenworth, KS 66048
      View Details
    • Contact for pricing
      1,229 SF

      Retail Spaces in Leavenworth Corridor

      Retail spaces available in Leavenworth's main retail corridor.
      2920 S 4Th St, Leavenworth, KS 66048
      View Details
    • Contact for pricing

      Retail Space Near Medical Centers

      Retail space with high visibility near medical and educational facilities.
      3400 S 4Th St, Leavenworth, KS 66048
      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.
    1 Metro Ave
    Leavenworth, KS 66048
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!