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Property profile & analytics
OFF-MARKET
Retail space

106 Main St Grain Valley, MO 64029

720 SF 0.4 ac lot Built 1972
Individually Owned 27-yr Hold Absentee Owner Free & Clear
Property ID
US48-0782304
Property summary
AI-generated overview

This exceptional investment opportunity in Grain Valley, MO, presents a versatile 27,753 sq ft property at 106 NW Main Street, listed at $285,000. The property boasts a prime Main Street location, ensuring high visibility and attracting potential tenants. The 1-story, 1963-built building includes a three-bedroom, two-bathroom home with a full basement, suitable for various uses such as an office, boutique, or daycare. Two additional detached brick business suites, each with a private entrance, half bath, and HVAC, offer further flexibility. One suite previously housed a barbershop, retaining water hookups. The second suite is currently used as a recreational space. The sale encompasses two parcels: a .403-acre commercially zoned C2 lot (front) and a .23-acre residentially zoned lot (rear). This unique combination provides options for owner-operators or commercial rental investors. Nearby new developments, including retail and a fully leased apartment complex, suggest increasing property values. Buyers are responsible for verifying all measurements and tax information. This property offers significant potential for long-term growth and rental income.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1972
Construction WOOD
Total area 720 SF
Lot 0.4 ac (17,424 SF)
APN 37-830-07-20
UPID US48-0782304
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
DAVID J GRAMLING
DAVID J GRAMLING
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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