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    Property profile & analytics

    1021 Franklin Ave Lexington, MO 64067-1333

    • Office Properties & Spaces
    • 2,048 SF
    • 0.05 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jul 25, 2022
    Location Intelligence
    Property ID
    US48-1829523
    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

    • KC Coffee Roasters / Coffee Roasters

    Property Details for 1021 Franklin Ave

    Year built
    1880
    Lot size
    0.05 lot acres
    Property size
    2,048 SF
    Property type
    Office Properties & Spaces
    APN
    03-8.0-33-1-001-106.000
    APU
    380331001106000

    Description

    This stunning two-story brick building, constructed in 1880, presents a unique investment opportunity in Lexington, MO's vibrant business district. The main floor offers a welcoming open foyer, a spacious reception area, a dedicated conference room, a convenient half-bath, a private back office, and a small break room, ideal for a variety of professional uses. Currently vacant, this space is ready for immediate occupancy and customization to suit your business needs. Upstairs, a charming one- or two-bedroom loft apartment provides additional income potential. This residential space includes a full bathroom, a dining room, a fully equipped kitchen, and a remarkable rooftop patio offering breathtaking panoramic views of Lexington's historic downtown. Enjoy spectacular sunrises and sunsets from this private outdoor oasis. The building's prime location within the heart of Lexington ensures high visibility and accessibility. This property represents a rare blend of historical character and modern functionality, making it an exceptional investment opportunity for both business owners and savvy investors seeking a blend of commercial and residential income streams. The loft apartment is currently occupied. The building sits on a 0-acre lot. The listed price is $104,900. Square footage is not provided.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lexington
    County
    Lafayette
    State
    Missouri
    Longitude
    -93.8827
    Latitude
    39.1842
    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
    0
    $0.00
    $0.00
    $0.00
    $8,256
    -
    $1,570
    $24,230
    $25,800

    Comparable in this City

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      OFFICE (GENERAL) • 840 SF
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      View Details

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    • Contact for pricing

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    Request Owner's contact information
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    1021 Franklin Ave
    Lexington, MO 64067-1333
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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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