Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    42 Linn Valley Dr Linn Valley, KS 66040

    Property Lookup

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

    42 Linn Valley Dr Linn Valley, KS 66040

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

    Current Use by Public Records

    • Land

    Property Details for 42 Linn Valley Dr

    Property type
    Land

    Description

    This 8,276 square foot wooded lot is situated in the desirable Linn Valley Lakes community in Linn Valley, Kansas (zip code 66040). Located on paved Linn Valley Drive, this property offers a secluded, yet easily accessible, setting. Enjoy the convenience of a paved road and the beauty of surrounding trees, with frequent deer sightings. The lot boasts a view of open greenspace. Linn Valley Lakes provides an abundance of amenities, including an 18-hole golf course and restaurant, a clubhouse with regular activities and rental options, a community center with fitness facilities, two swimming pools, mini golf, basketball and tennis courts, walking trails, a playground, fishing dock, boat ramp, campgrounds, shelter houses, a swim beach, sand volleyball, and a horseshoe pit. Several stocked lakes are available for boating, jet skiing, and paddle boating. While permanent RVs or single-wide mobile homes are not permitted, owners may camp for up to 14 days annually. RV storage is available for an annual fee of $150. This is an exceptional opportunity to build your dream home in a vibrant and amenity-rich community.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Linn Valley
    County
    Linn, KS
    State
    Kansas
    Longitude
    -94.7065
    Latitude
    38.3804

    Comparable in this City

    • Value Estimation by Request

      26 Ohio Dr

      Specialty properties
      26 Ohio Dr, Linn Valley, KS 66040
      View Details
    • Value Estimation by Request

      66 Richwood Dr

      Specialty properties
      66 Richwood Dr, Linn Valley, KS 66040
      View Details
    • Value Estimation by Request

      81 Foothills Trl

      Land
      81 Foothills Trl, Linn Valley, KS 66040
      View Details
    • Value Estimation by Request

      221 Fawn Valley Dr

      Specialty properties
      221 Fawn Valley Dr, Linn Valley, KS 66040
      View Details
    • Value Estimation by Request
      8.27 Acres

      Vine St

      Multifamily properties • 8.27 Acres
      0 Vine St, LaCygne, KS 66040
      View Details
    • Value Estimation by Request

      5 Lakeside Cir

      Specialty properties
      5 Lakeside Cir, Linn Valley, KS 66040
      View Details

    Similar Nearby for Sale

    • $62,500
      20,473 SF

      Linn Valley Double Corner Lot

      Rare double lot near main lake with utilities in place.
      5 North Fascination Cir, Linn Valley, KS 66040
      View Details
    • Contact for pricing

      Linn Valley Land Parcels

      Two adjacent land parcels in Linn Valley, Kansas.
      34 Louisiana Dr, Linn Valley, KS 66040
      View Details
    • $60,000
      17,280 SF

      Linn Valley Land with Building

      Land with new building in gated recreational community.
      94-98 Beechwood Ln, Linn Valley, KS 66040
      View Details
    • Contact for pricing
      0.19 Acres

      Land in Tanglewood Lake Community

      Lot in quiet community with lake access for sale.
      7516 Spring Cove Rd, Lacygne, KS 66040
      View Details
    • Contact for pricing
      0.19 Acres

      Wooded Lot Near Tanglewood Lake

      Wooded lot in peaceful Tanglewood Lake community.
      7515 Spring Cove Rd, Lacygne, KS 66040
      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.
    42 Linn Valley Dr
    Linn Valley, KS 66040
    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!