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    Property profile & analytics

    1137 5Th St Kansas City, MO 64106

    • Commercial real estate
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US48-0468157
    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 1137 5Th St

    Property type
    Commercial real estate

    Description

    This exceptional 7,266 square foot land parcel presents a remarkable investment opportunity in the vibrant city of Kansas City, Missouri. Located at 1137 E 5th Street, within the 64106 zip code, this property offers significant potential for various development projects. The expansive lot size provides ample space for a wide range of uses, subject to city zoning regulations. Its strategic location within Jackson County offers easy access to major transportation arteries, ensuring convenient connectivity throughout the metropolitan area. The asking price of $400,000 represents a compelling entry point into the Kansas City real estate market. This property is classified as "Other" under the land subtype category. Prospective buyers are encouraged to conduct their own due diligence regarding zoning regulations, permitted uses, and potential development costs. The geographic coordinates are 39.110571 latitude and -94.568127 longitude. This is a rare opportunity to acquire a sizable land parcel in a thriving urban environment, ideal for those seeking to capitalize on the dynamic growth of Kansas City. Serious inquiries are welcome. The property is ready for its next chapter, awaiting a visionary developer to transform it into a successful venture.

    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
    Kansas City
    County
    Jackson
    State
    Missouri
    Longitude
    -94.568127
    Latitude
    39.110571

    Comparable in this City

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      Corner Lot in Opportunity Zone

      Corner lot with retail frontage in an Opportunity Zone.
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      17.40 Acres

      Prime Downtown KC Land - 17.4 Acres

      Exceptional commercial land, ideal for high-density development.
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    Similar Nearby for Sale

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      231.00 Acres

      Tapp Farm: 231 Acres Industrial Land

      Prime Industrial Land in Liberty, MO
      0 Liberty Pkwy, Kansas City, MO 64106
      View Details
    • Contact for pricing

      Downtown Core District Land

      Land in Downtown Core District near attractions and transportation.
      718 Mcgee St, Kansas City, MO 64106
      View Details
    • Contact for pricing

      Downtown Core District Land Opportunity

      52,193 SF land near Power & Light District.
      721 Grand Blvd, Kansas City, MO 64106
      View Details
    • $80,000

      Corner Lot in Opportunity Zone

      Corner lot with retail frontage in an Opportunity Zone.
      3249 Troost Ave, Kansas City, MO 64106
      View Details
    • $5,448,000
      17.40 Acres

      Prime Downtown KC Land - 17.4 Acres

      Exceptional commercial land, ideal for high-density development.
      8 8Th St, Kansas City, MO 64106
      View Details

    Similar Nearby for Lease

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      1 SF

      Downtown KC Office Development Site

      Prime 2.6-acre office land, 236 parking spaces
      1211 Mcgee St, Kansas City, MO 64106
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      7,257 SF

      Kansas City Office Space Available

      7,257 square feet of office space for rent.
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    • $23 SF/Yr
      7,392 SF

      Modern Office Space Available

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      1,600 SF

      Downtown KC Retail Space

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      845,000 SF

      Downtown KC Retail Opportunity

      Iconic 845,000 SF retail space, divisible.
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    • $15 SF/Yr
      1,498 SF

      McGee Street Executive Office Suite

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    1137 5Th St
    Kansas City, MO 64106
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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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