Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    00000 Birdie Dr Independence, KS 67301

    Property Lookup

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

    00000 Birdie Dr Independence, KS 67301

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

    Current Use by Public Records

    • Land

    Property Details for 00000 Birdie Dr

    Property type
    Land

    Description

    This exceptional 21,780 square foot residential land parcel presents a unique opportunity for development in Independence, Kansas. Located on Birdie Drive, this property boasts a desirable location within the 67301 zip code, offering convenient access to local amenities and services. The lot's generous size provides ample space for a new custom home, allowing for creative design and landscaping possibilities. Situated in Montgomery County, Kansas, this property is ideal for those seeking a tranquil setting while remaining close to urban conveniences. The asking price for this remarkable building lot is $25,000, representing exceptional value in the current market. With its ideal size and location, this property is perfect for building your dream home. Utilities are available, though specific connections and costs should be verified independently. Don't miss this chance to acquire a prime piece of land in a sought-after Kansas community. Serious inquiries are encouraged. All information is deemed reliable but not guaranteed and should be independently verified.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Independence
    County
    Montgomery, KS
    State
    Kansas
    Longitude
    -95.7236
    Latitude
    37.2562

    Comparable in this City

    • Value Estimation by Request

      300 Earl St

      Land
      300 Earl St, Independence, KS 67301
      View Details
    • Value Estimation by Request

      820/901 Edison St

      Land
      820/901 Edison St, Independence, KS 67301
      View Details
    • Value Estimation by Request
      23.00 Acres

      4557 Hwy

      Land • 2,022 SF
      4557 Hwy, Independence, KS 67301
      View Details
    • Value Estimation by Request
      2.66 Acres

      3536 Cr 2800

      Land • 2.66 Acres
      3536 Cr 2800, Independence, KS 67301
      View Details
    • Value Estimation by Request
      1.08 Acres

      4032 Crk 3730

      Land • 2,050 SF
      4032 Crk 3730, Independence, KS 67301
      View Details
    • Value Estimation by Request

      1105 Myrtle St

      Land
      1105 Myrtle St, Independence, KS 67301
      View Details

    Similar Nearby for Sale

    • $50,000
      6.73 Acres

      6.73 Acres Vacant Land

      6.73 acres of grassland between Independence and Coffeyville, Kansas.
      0000 Cr 2800, Independence, KS 67301
      View Details
    • Contact for pricing
      0.15 Acres

      Independence, KS Vacant Corner Lot

      High-visibility corner lot with development potential in Independence, Kansas.
      1601 N Pennsylvania Ave, Independence, KS 67301
      View Details
    • $175,000
      3.00 Acres

      Commercial Land in Independence, Kansas

      3-acre commercial land with highway frontage, ready for development.
      3222 W Main St, Independence, KS 67301
      View Details
    • $45,000
      3.46 Acres

      Independence, Kansas Vacant Land

      3.46 acres near Independence Country Club with city utilities.
      00000 N Penn & Rajah Rd, Independence, KS 67301
      View Details
    • $436,000
      109.00 Acres

      Independence, KS Vacant Land

      109 acres of cultivable land, meadow, pasture, and ponds.
      2857 County Rd 3700, Independence, KS 67301
      View Details
    • Contact for pricing
      0.13 Acres

      Vacant Corner Lot in Independence

      Residential vacant land with utilities on site in Independence, KS.
      418 S 13Th St, Independence, KS 67301
      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.
    00000 Birdie Dr
    Independence, KS 67301
    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!