Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    135 135Th St Grandview, MO 64030

    • Land
    • 16.46 lot acres
    For Sale
    View listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 135 135Th St

    Lot size
    16.46 lot acres
    Property type
    Land

    Description

    This exceptional 16.46-acre commercial land parcel presents a unique investment opportunity in Grandview, Missouri. Currently zoned for Agricultural use (AG), this property boasts significant potential for various commercial developments, given its location within a heavy development area. The expansive lot size offers ample space for a wide range of projects, from industrial facilities to warehousing or other commercial ventures. Its strategic position provides excellent highway access, ensuring convenient transportation and logistics for any future business. Detailed site analysis reveals the property's suitability for substantial development, making it an attractive proposition for investors seeking high-growth potential. The asking price is $20,000 per acre, reflecting the land's prime location and development potential. The property is situated at the intersection of 135th and Arrington Road, in Grandview, Missouri, zip code 64030. This location offers easy access to major transportation routes, further enhancing its appeal to prospective buyers. The property's current zoning, while AG, presents an opportunity for rezoning to accommodate a variety of commercial uses, subject to local regulations and approvals. This is a rare opportunity to acquire a significant land parcel in a rapidly developing area with excellent access and high potential for return on investment. Serious inquiries are encouraged.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Grandview
    County
    Carroll
    State
    Missouri
    Longitude
    -94.5517
    Latitude
    38.8812

    Comparable in this City

    • Value Estimation by Request
      16.46 Acres

      135th And Arrington Rd

      Land • 16.46 Acres
      135th And Arrington Rd, Grandview, MO 64030
      View Details
    • Value Estimation by Request
      0.23 Acres

      5812 149Th St

      Land • 0.23 Acres
      5812 149Th St, Grandview, MO 64030
      View Details
    • Value Estimation by Request
      9.38 Acres

      14925 71 Hwy

      Multifamily properties • 9.38 Acres
      14925 71 Hwy, Grandview, MO 64030
      View Details
    • Value Estimation by Request

      8001 Southview Dr

      Land
      8001 Southview Dr, Grandview, MO 64030
      View Details
    • Value Estimation by Request

      13424 Parker Ave

      Land
      13424 Parker Ave, Grandview, MO 64030
      View Details
    • Value Estimation by Request

      12220 71 Hwy

      Land
      12220 71 Hwy, Grandview, MO 64030
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Grandview Residential Land Opportunity

      9,463 sq ft lot, $29,000
      8001 Southview Dr, Grandview, MO 64030
      View Details
    • Contact for pricing
      16.46 Acres

      Prime Grandview Commercial Land

      16 Acres, AG Zoning, High Development Area
      135 135Th St, Grandview, MO 64030
      View Details
    • Contact for pricing

      Grandview Missouri Land Opportunity

      8,160 sq ft lot, prime location.
      6105 148Th St, Grandview, MO 64030
      View Details
    • Contact for pricing
      0.23 Acres

      Grandview Missouri Residential Land

      Build Your Dream Home on 0.23 Acres
      5812 149Th St, Grandview, MO 64030
      View Details
    • Contact for pricing
      0.74 Acres

      Grandview Commercial Land - 0.74 Acres

      Prime Commercial Land, Harry S. Truman Dr.
      5200 Harry S Truman Dr, Grandview, MO 64030
      View Details
    • $329,200
      16.46 Acres

      Grandview MO Industrial Land Investment

      16 Acres, $20k/Acre, AG Zoning
      135th And Arrington Rd, Grandview, MO 64030
      View Details

    Similar Nearby for Lease

    • $21 SF/Yr
      8,880 SF

      Linwood Plaza Retail Space

      Grandview, MO retail space available.
      3429 Main St, Grandview, MO 64030
      View Details
    • $15 SF/Yr
      3,300 SF

      Retail Space on Main Street

      3300 SF retail space with high traffic and parking.
      6500 Main St, Grandview, MO 64030
      View Details
    • $3 SF/Yr
      105,145 SF

      Grandview Warehouse: 105,145 SF

      High-ceiling warehouse, ideal for industrial use.
      301 High Grove Rd, Grandview, MO 64030
      View Details
    • $2,000 /Mo
      2,000 SF

      Retail Space with Dedicated Parking

      Retail space available May 1st with dedicated parking.
      12142 Blue Ridge Ext, Grandview, MO 64030
      View Details
    • $5 SF/Yr
      191,800 SF

      Prime Jackson County Warehouse

      191,800 SF Warehouse - For Lease
      13201 Arrington Rd, Grandview, MO 64030
      View Details
    • $1,500 /Mo
      1,200 SF

      Office Space with Open Layout

      Office space featuring an open floor plan and restroom.
      12710 S Us Highway 71, Grandview, MO 64030
      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.
    135 135Th St
    Grandview, MO 64030
    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.