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

    1 Mystic Valley Dr LaCygne, KS 66040

    • Commercial real estate
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US33-0285241
    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

    • Commercial real estate

    Property Details for 1 Mystic Valley Dr

    Property type
    Commercial real estate

    Description

    This exceptional opportunity presents three combined residential lots totaling 27,690 square feet in the desirable Linn Valley Lakes gated community. Located just under an hour south of the Kansas City metro area, this property offers unparalleled access to a wealth of amenities. Imagine building your dream home or a perfect weekend getaway on this expansive parcel, conveniently situated near the main lake. The land has already been cleared, providing a fantastic building site while still retaining the natural beauty of the area. The property features two level lots and a third that gently slopes towards a nearby creek, offering a tranquil setting. A large, recently installed circular driveway ensures easy access, and a 12x20 shed provides convenient storage. Utilities are readily available. Linn Valley Lakes boasts a wide array of amenities, including multiple lakes perfect for recreation, a golf course, sand volleyball courts, swimming pools, basketball and tennis courts, and extensive trails. This is your chance to embrace the idyllic lake lifestyle in a secure and amenity-rich community. The asking price for this remarkable property is $70,000. The address is 1 & 5 Mystic Valley Drive, Linn Valley, KS 66040.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    LaCygne
    County
    Linn, KS
    State
    Kansas
    Longitude
    -94.7167666
    Latitude
    38.3762236

    Comparable in this City

    • $780,000
      80.80 Acres

      Kansas Hunting & Homestead: 80 Acres

      Turnkey Hunting & Residential Property
      20261a Taylor Rd, LaCygne, KS 66040
      View Details
    • $210,000

      Lakefront Land in Linn Valley, KS

      Prime lakefront lot, build your dream home.
      5 Lakeside Cir, LaCygne, KS 66040
      View Details
    • Contact for pricing

      Linn Valley Lakefront Camping Lot

      Prime Kansas lakefront lot, ready to camp!
      93 Linn Valley Dr, Linn Valley, KS 66040
      View Details
    • $315,000

      Prime Linn Valley Lakefront Lot

      10,454 sq ft lakefront property, stunning views.
      270 Rose Marie Dr, Linn Valley, KS 66040
      View Details
    • Contact for pricing

      Linn Valley Lakefront Lot

      Wooded building lot, lake views, $15,000
      161 Linn Valley Blvd, Linn Valley, KS 66040
      View Details
    • $50,000

      Linn Valley Lakefront Glamping Getaway

      Prime lakefront land, ready-to-use glamping cabin.
      77 Fascination Ln, Linn Valley, KS 66040
      View Details

    Similar Nearby for Sale

    • $780,000
      80.80 Acres

      Kansas Hunting & Homestead: 80 Acres

      Turnkey Hunting & Residential Property
      20261a Taylor Rd, LaCygne, KS 66040
      View Details
    • $210,000

      Lakefront Land in Linn Valley, KS

      Prime lakefront lot, build your dream home.
      5 Lakeside Cir, LaCygne, KS 66040
      View Details
    • Contact for pricing

      Linn Valley Lakefront Camping Lot

      Prime Kansas lakefront lot, ready to camp!
      93 Linn Valley Dr, Linn Valley, KS 66040
      View Details
    • $315,000

      Prime Linn Valley Lakefront Lot

      10,454 sq ft lakefront property, stunning views.
      270 Rose Marie Dr, Linn Valley, KS 66040
      View Details
    • Contact for pricing

      Linn Valley Lakefront Lot

      Wooded building lot, lake views, $15,000
      161 Linn Valley Blvd, Linn Valley, KS 66040
      View Details
    • $50,000

      Linn Valley Lakefront Glamping Getaway

      Prime lakefront land, ready-to-use glamping cabin.
      77 Fascination Ln, Linn Valley, KS 66040
      View Details
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    LaCygne, KS 66040
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    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
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