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    4240 Blue Ridge Blvd Kansas City, MO 64133

    • Office buildings
    • 9,814 SF
    • 5.02 lot acres
    For Sale
    View listing
    $795,000
    Value Estimation
    Last Sale
    Aug 04, 2022
    Location Intelligence
    Property ID
    US48-0985931
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Professional In Home TV Repair - Kansas / Television Repair Service
    • John R. Hugo, D.D.S. / Dentist
    • Silverstein Eye Centers / Lasik Surgeon / Optician
    • Blue Ridge Surgical Center / Surgical Center / Home Health Care Service
    • Murphy & Tobin / Attorney

    Property Details for 4240 Blue Ridge Blvd

    Year built
    1970
    Construction
    WOOD
    Lot size
    5.02 lot acres
    Property size
    9,814 SF
    Property type
    Office buildings
    APN
    33-330-11-03-01
    APU
    33330110301

    Description

    This exceptional .5-1 acre commercial land parcel, located at 4240 Blue Ridge Blvd in Kansas City, Missouri (zip code 64133), presents a unique investment opportunity. Currently operating as a well-maintained parking lot just west of the Blue Ridge Tower, this property is zoned for commercial use (Comm) and offers significant development potential. Envision a variety of uses, from retail spaces and mixed-use developments to entertainment hubs or food service establishments. Its prime location offers easy highway access and proximity to numerous stores, restaurants, and gas stations, ensuring high visibility and convenient access for potential businesses. The sellers are currently working with the city to potentially subdivide the parcel. Furthermore, the area is in the process of establishing a Community Improvement District (CID), which will levy a 1% sales tax on local businesses to fund enhanced security, maintenance, landscaping, and beautification efforts, significantly improving the area's appeal and value. This property's versatility makes it suitable for various commercial ventures, including a car wash, retail space, or parking garage. A ground lease is also a possibility. The asking price for this dynamic property is $795,000. Buyers are advised to independently verify zoning regulations with the City of Kansas City, Missouri.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Kansas City
    County
    Jackson
    State
    Missouri
    Longitude
    -94.4402
    Latitude
    39.0443
    CBSA code
    28140
    CBSA name
    KANSAS CITY, MO-KS METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $150,191
    $483,008
    $956,992
    $1,440,000
    -
    $0.00
    $0.00
    $4,500,000

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    Kansas City, MO 64133
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    Realmo Value Estimation

    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.

    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.

    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
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