Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Ash Ave Raytown, MO 64138
    Back to Search
    Property profile & analytics

    Ash Ave, Raytown, MO 64138

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

    Current Use by Public Records

    • Land

    Property Details for 0 Ash Ave

    Property type
    Land

    Description

    This exceptional 20,177 square foot vacant lot presents a unique opportunity for building your dream home in the desirable Raytown, Missouri community. Located on Ash Avenue in Jackson County, this property boasts a peaceful cul-de-sac setting, surrounded by mature trees and the established charm of a well-maintained neighborhood. The lot's generous size provides ample space for a substantial residence and landscaping. The address is currently listed as Ash Avenue, zip code 64138, with the city of Raytown assigning a house number upon issuance of a building permit. This is a fantastic chance to create a custom home in a tranquil, yet convenient location. The asking price for this remarkable residential land is $50,000. Buyers are responsible for conducting their own due diligence regarding utilities, zoning, and building codes. Don't miss this chance to build your future in this sought-after neighborhood. The property's coordinates are 38.9649339 latitude and -94.4614336 longitude.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Raytown
    County
    Jackson
    State
    Missouri
    Longitude
    -94.4614
    Latitude
    38.9649

    Comparable in this City

    • Value Estimation by Request

      9729 Noland Rd

      Specialty properties
      9729 Noland Rd, Kansas City, MO 64138
      View Details
    • Value Estimation by Request
      2.06 Acres

      9601 83Rd St

      Land
      9601 83Rd St, Raytown, MO 64138
      View Details
    • Value Estimation by Request
      0.60 Acres

      11318 Highway

      Land
      11318 Highway, Raytown, MO 64138
      View Details
    • Value Estimation by Request
      2,860 SF

      11601 80th Dr

      GARDEN APT, COURT APT (5+ UNITS)
      11601 80th Dr, Raytown, MO 64138-1292
      View Details
    • Value Estimation by Request
      1,401 SF

      8614 Ln Ave, Unit 1

      APARTMENT HOUSE (5+ UNITS)
      8614 Ln Ave, Raytown, MO 64138-3286
      View Details
    • Value Estimation by Request
      5,195 SF

      7202 87th Ter

      APARTMENT HOUSE (5+ UNITS)
      7202 87th Ter, Kansas City, MO 64138-5633
      View Details

    Similar Nearby for Sale

    • $30,000
      30,003 SF

      Large Lot with Rezoning Potential

      Over half-acre lot suitable for single-family, commercial, or multifamily.
      9702 East 87Th St, Raytown, MO 64138
      View Details
    • Contact for pricing
      Pending

      All Brick Raytown Duplex

      Duplex with new roof and convenient location near shopping.
      9904-06 E 76Th Ter, Raytown, MO 64138
      View Details
    • $275,000
      1,568 SF

      Leased Duplex - Investor Opportunity

      Turnkey duplex generating $2,550 monthly gross rental income.
      7916-7918 E 88Th Ter, Kansas City, MO 64138
      View Details
    • $195,000
      1,436 SF

      Remodeled Duplex in Elm Estates

      Completely remodeled half duplex with modern style and classic charm.
      8516 Ditzler Ave, Raytown, MO 64138
      View Details
    • Contact for pricing
      9,840 SF

      Raytown Fourplex Portfolio For Sale

      Portfolio of three fourplex buildings in Raytown, Missouri.
      8622 Lane Ave, Raytown, MO 64138
      View Details
    • $227,500

      Renovated Home in Golf View

      Updated Raytown home with modern amenities and convenient location.
      8531 Vassar Ave, Raytown, MO 64138
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Kansas City Land Opportunity

      Versatile land in a dynamic Kansas City location.
      6300 East 87Th St, Kansas City, MO 64138
      View Details
    • $10 SF/Yr

      Retail Space Near Cerner Campus

      Retail spaces available near major tenants and Cerner Innovations Campus.
      8700 Blue Ridge Blvd, Kansas City, MO 64138
      View Details
    • Contact for pricing
      2,000 SF

      Raytown Retail Space For Lease

      Retail space available in Raytown near Cerner Campus.
      8700 Blue Ridge Blvd, Raytown, MO 64138
      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.
    Ash Ave
    Raytown, MO 64138
    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
    Ash Ave, Raytown, MO, 64138
    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!