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    Property profile & analytics

    12400 40th S St, Unit A Independence, MO 64055-4447

    • Garden apartment buildings
    • 4,917 SF
    • 1.24 lot acres
    OFF-MARKET
    Value Estimation
    $475,000
    Last Sale
    Dec 30, 2021
    Location Intelligence
    Property ID
    US48-0976733
    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

    • Crysler Plaza Apartments / Apartment Building / Apartment Complex

    Property Details for 12400 40th S St

    Year built
    1965
    Construction
    WOOD
    Lot size
    1.24 lot acres
    Property size
    4,917 SF
    Property type
    Garden apartment buildings
    APN
    33-340-05-09
    APU
    333400509

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Independence
    County
    Jackson
    State
    Missouri
    Longitude
    -94.4328
    Latitude
    39.0497
    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
    $23,155
    $18,620
    $323,380
    $342,000
    -
    $0.00
    $0.00
    $1,800,000

    Comparable in this City

    • Value Estimation by Request
      2,490 SF

      16000 28th S Ter, Unit 2301

      GARDEN APT, COURT APT (5+ UNITS) • 2,490 SF
      16000 28th S Ter, Independence, MO 64055-7509
      View Details
    • Value Estimation by Request
      3,442 SF

      Independence, MO 64055

      GARDEN APT, COURT APT (5+ UNITS) • 3,442 SF
      Independence, MO 64055
      View Details
    • Value Estimation
      $530,000
      2,652 SF

      12407 43rd S St, Unit 1

      GARDEN APT, COURT APT (5+ UNITS) • 2,652 SF
      12407 43rd S St, Independence, MO 64055-5936
      View Details
    • Value Estimation
      $545,000
      2,658 SF

      4709 Shrank Dr, Unit A

      GARDEN APT, COURT APT (5+ UNITS) • 2,658 SF
      4709 Shrank Dr, Independence, MO 64055-6409
      View Details
    • Value Estimation by Request
      7,740 SF

      16801 Larkspur Ln, Unit 1

      GARDEN APT, COURT APT (5+ UNITS) • 7,740 SF
      16801 Larkspur Ln, Independence, MO 64055-2104
      View Details
    • Value Estimation
      $525,000
      4,917 SF

      12401 40th S St, Unit A

      GARDEN APT, COURT APT (5+ UNITS) • 4,917 SF
      12401 40th S St, Independence, MO 64055-4438
      View Details

    Similar Nearby for Sale

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      Prime 7.5-acre residential lot, ideal for development.
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      7.5-Acre Residential Land in Independence, MO

      Prime 7.5-acre lot, ideal for development.
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    • Contact for pricing

      Independence Residential Land Parcel

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    Similar Nearby for Lease

    • $1,772,953
      3,908 SF

      Retail Space For Lease/Sale

      Retail spaces and pad sites available for lease or sale.
      4600 S Noland Rd, Independence, MO 64055
      View Details
    • $1,880 /Mo
      3,000 SF

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      3,008 SF retail endcap with frontage and ample parking.
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    • $12 SF/Yr
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      Renovated Office Space Available

      3,000-7,575 SF office space for lease after 2021 renovations.
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    • Contact for pricing
      2,100 SF

      Retail Space in Independence, MO

      2,100 SF retail space available for rent.
      17701 E 39Th St S, Independence, MO 64055
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    • $14 SF/Yr
      1,305 SF

      Retail Space For Lease

      Commercial retail space available in shopping center.
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      View Details
    • Contact for pricing
      2,616 SF

      Office Space Near I-70/I-470

      Centrally located office space with good highway visibility.
      4721-4731 S Cliff Ave, Independence, MO 64055
      View Details
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    Independence, MO 64055-4447
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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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