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    4221 Clark Ave Kansas City, MO 64111

    • Parking lots & garages
    • 0.12 lot acres
    For Sale
    View listing
    $2,200,000
    Value Estimation
    Last Sale
    Feb 11, 2022
    Location Intelligence
    Property ID
    US48-3230703
    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

    • Parking lots & garages

    Property Details for 4221 Clark Ave

    Year built
    1988
    Lot size
    0.12 lot acres
    Property type
    Parking lots & garages
    APN
    30-340-24-10
    APU
    303402410

    Description

    This exceptional 14-unit multifamily property located at 4221 Clark Avenue in Kansas City, Missouri, presents a compelling investment opportunity. The property, built in 1988, boasts a desirable two-story design and sits on a sizable 5,289 square foot lot. Currently operating at full occupancy, this asset offers immediate and substantial cash flow. The asking price is $2,200,000. The property's consistent high occupancy rate demonstrates strong tenant demand and a stable rental income stream. This turnkey investment requires minimal effort to maintain its current high performance. The property's location in the vibrant Jackson County, zip code 64111, provides easy access to local amenities and transportation networks. The strong rental history and current full occupancy make this a low-risk, high-reward investment opportunity for savvy investors seeking immediate returns. The property's special purpose designation offers unique potential for future development or expansion, subject to local zoning regulations. This is a rare chance to acquire a well-established, income-producing asset in a thriving Kansas City market. Don't miss this chance to secure a profitable investment with immediate cash flow.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $265,000

    • CAP approach

      CAP return
      Estimation
      6%
      $240,000
      6.5%
      $255,000
      7%
      $285,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $295,000
      Geo Method
      $290,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $305,000
      Retail
      $240,000
      Mixed-Use
      $265,000
      Hospitality
      $265,000
      Educational
      $255,000
      Residential Income
      $310,000
      Energy
      $300,000
      Income-Based Land
      $305,000
      Food Service
      $240,000

    Location Insight

    • Map
    • Local Demand
    City
    Kansas City
    County
    Jackson
    State
    Missouri
    Longitude
    -94.5954
    Latitude
    39.0518
    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
    $3,705
    $37,920
    $2,112
    $40,032
    -
    $0.00
    $0.00
    $125,100

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      PARKING LOT • 0.15 Acres
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    Kansas City, MO 64111
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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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