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

    10475 Blue Rdg Blvd Kansas City, MO 64134-1916

    • Grocery and convenience stores
    • 14,992 SF
    • 2.30 lot acres
    OFF-MARKET
    Value Estimations
    $2,400,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US48-3385967
    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

    • ALDI / Supermarket / Grocery Store

    Property Details for 10475 Blue Rdg Blvd

    Year built
    2005
    Construction
    WOOD
    Lot size
    2.30 lot acres
    Property size
    14,992 SF
    Zone code
    CP1
    Property type
    Grocery and convenience stores
    APN
    49-740-06-42
    APU
    497400642

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $2,350,000
      6.5%
      $2,170,000
      7%
      $2,015,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $2,629,000
      Market price range: $1.32M - $4.72M

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $2,945,000
      Current use
      OFFICE BUILDING
      $2,995,000
      Change: +2% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Kansas City
    County
    Jackson
    State
    Missouri
    Longitude
    -94.5074
    Latitude
    38.9343
    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
    $47,063
    $140,000
    $333,600
    $473,600
    -
    $0.00
    $0.00
    $1,480,000

    Comparable in this City

    • Value Estimation by Request
      2,800 SF

      11901 Blue Rdg Blvd

      CONVENIENCE STORE • 2,800 SF
      11901 Blue Rdg Blvd, Kansas City, MO 64134-3764
      View Details
    • Value Estimation by Request
      1,200 SF

      10416 Blue Rdg Blvd

      CONVENIENCE STORE • 1,200 SF
      10416 Blue Rdg Blvd, Kansas City, MO 64134-1915
      View Details
    • Value Estimation by Request
      731 SF

      7000 Bannister Rd

      CONVENIENCE STORE • 731 SF
      7000 Bannister Rd, Kansas City, MO 64134-1671
      View Details
    • Value Estimation by Request
      2,585 SF

      8105 Bannister Rd

      CONVENIENCE STORE • 2,585 SF
      8105 Bannister Rd, Kansas City, MO 64134-1668
      View Details
    • Value Estimation by Request
      1,080 SF

      10322 Blue Rdg Blvd

      CONVENIENCE STORE • 1,080 SF
      10322 Blue Rdg Blvd, Kansas City, MO 64134-1913
      View Details
    • Value Estimation by Request
      1,980 SF

      8201 Bannister Rd

      CONVENIENCE STORE • 1,980 SF
      8201 Bannister Rd, Kansas City, MO 64134-1839
      View Details

    Similar Nearby for Sale

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      Portfolio of three properties on high-visibility Blue Ridge Blvd.
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      89,691 SF

      Ruskin Heights Shopping Center Investment

      High-yield retail center in prime KC location.
      0 Swc Of Red Brg Rd And Blue Rdg Blvd, Kansas City, MO 64134
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    • Contact for pricing

      Kansas City Residential Land Parcel

      Build Your Dream Home - 20,362 sq ft lot
      10516 Corrington Ave, Kansas City, MO 64134
      View Details
    • $450,000
      27.63 Acres

      27-Acre Residential Land, KC MO

      Wooded land, high-growth area, development potential.
      9721 Elm Ave, Kansas City, MO 64134
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    • $200,000

      South Kansas City Land Opportunity

      Paved lot with office building, accessible to major interstates.
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    • $150,000

      Commercial Land Near I-49

      Commercial land with high visibility, located near I-49.
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    Similar Nearby for Lease

    • $10 SF/Yr
      2,240 SF

      Versatile Retail/Office Space Available

      Retail and office spaces with highway visibility and ample parking.
      7810-10900 NW 100Th St, Kansas City, MO 64134
      View Details
    • $9 SF/Yr
      89,691 SF

      Ruskin Heights Shopping Center - KC

      Prime Retail Space Available in Kansas City
      0 Swc Of Red Brg Rd And Blue Rdg Blvd, Kansas City, MO 64134
      View Details
    • $16 SF/Yr
      5,505 SF

      Grandview Village Shops Retail Space

      Prime Retail Space, I-49 & Blue Ridge Blvd.
      11902-11906 Blue Ridge Blvd, Grandview, MO 64134
      View Details
    • Contact for pricing
      400,828 SF

      Kansas City Warehouse Space Available

      400,828 square foot warehouse space for lease.
      7501 NW 106Th Ter, Kansas City, MO 64134
      View Details

    Property Visit Statistics

    • Visits by month
      24.6k
    • Visitors by month
      14.8k
    • Avg Time on site
      22 min
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    10475 Blue Rdg Blvd
    Kansas City, MO 64134-1916
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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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