Technical
Financial
Distress signals
Property profile

12401 40th S St A Independence, MO 64055

OFF-MARKET
Garden apartment buildings
Property ID
US48-0724789
4,917 SF 1.18 ac lot Built 1966
Entity Owned Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Garden apartment buildings
Use group GARDEN APT, COURT APT (5+ UNITS)
Year built 1966
Construction WOOD
Total area 4,917 SF
Lot 1.18 ac (51,401 SF)
APN 33-340-06-12
UPID US48-0724789

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

12401 40th S St, Unit A Independence, MO 64055-4438
Independence metro Census 12200 KANSAS CITY, MO-KS METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$375k
CAP Approach CAP
$795k
Comparable Approach Comparable
$648k
Blend (final) Blend
$375k

Owner & transaction history

Zoning & alternative use

Top alternative use upside
Commercial (general) $715,000 +5.4%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 12401 40th S St, Unit A?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message