Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1268 Kansas Ave Kansas City, KS 66105-1137
    Property profile & analytics

    1268 Kansas Ave, Kansas City, KS 66105-1137

    View on Map
    • Retail space
    • 2,828 SF
    • 0.18 lot acres
    Off-Market
    Last Sale Jan 29, 2024
    Property ID
    US33-1652218
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • California Taco Shop Kansas Avenue / Restaurant

    Property Details for 1268 Kansas Ave

    Year built
    1990
    Lot size
    0.18 lot acres
    Property type
    Retail space
    APN
    74241
    APU
    74241

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jan 29, 2024 — Jimenez Hernandez Pledad Rosa Maria Bravo Warranty Deed —
    Oct 16, 2020 $154,000 Piedad Jimenez Hernandez Rosa Maria Bravo Land Contract $144k · Not Available
    Jan 6, 2020 — Bernardino Bravo JR Rosa Maria Bravo Transfer On Death Deed · related —
    Sep 30, 2005 — Rosa Marie Bravo Rosa Marie Bravo Intrafamily Transfer · related —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Kansas City
    County
    Wyandotte
    State
    Kansas
    Longitude
    -94.6433
    Latitude
    39.0877
    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
    2023
    $4,570
    $9,872
    $17,017
    $26,889
    -
    $47,830
    $97,740
    $145,570

    Comparable in this City

    • Value Estimation
      $760,000
      5,512 SF

      737 Kansas Ave

      RETAIL STORES (PERSONAL SERVICES)
      737 Kansas Ave, Kansas City, KS 66105-1342
      View Details
    • Value Estimation by Request
      8,185 SF

      725 Osage Ave

      RETAIL STORES (PERSONAL SERVICES)
      725 Osage Ave, Kansas City, KS 66105-2039
      View Details
    • Value Estimation by Request
      2,300 SF

      755 Osage Ave

      RETAIL STORES (PERSONAL SERVICES)
      755 Osage Ave, Kansas City, KS 66105-2038
      View Details
    • Value Estimation by Request
      3,500 SF

      813 Osage Ave

      RETAIL STORES (PERSONAL SERVICES)
      813 Osage Ave, Kansas City, KS 66105-1929
      View Details
    • Value Estimation by Request
      3,500 SF

      843 Osage Ave

      RETAIL STORES (PERSONAL SERVICES)
      843 Osage Ave, Kansas City, KS 66105-1935
      View Details
    • Value Estimation by Request
      1,000 SF

      608 Kansas Ave

      RETAIL STORES (PERSONAL SERVICES)
      608 Kansas Ave, Kansas City, KS 66105
      View Details

    Similar Nearby for Sale

    • $250,000
      1,875 SF

      Mixed-Use Building: Investor Opportunity

      Historic mixed-use building with commercial space and apartments in Kansas City.
      Osage Ave, Kansas City, KS 66105
      View Details
    • $250,000
      0.07 Acres

      Versatile Commercial Building in Kansas

      Two-story commercial building with gated parking and tenant income.
      413 Kansas Avenue Cir, Kansas City, KS 66105
      View Details
    • Contact for pricing
      32,000 SF

      Kansas City Industrial Space Available

      Industrial space for sale near downtown Kansas City.
      43 Kansas Ave, Kansas City, KS 66105
      View Details
    • Contact for pricing

      Secured Land for Lease

      Land available for lease with outside storage and utilities.
      1161 S 12Th St, Kansas City, KS 66105
      View Details
    • $274,950

      Land for Sale Kansas City

      Land available in Kansas City, Kansas.
      900 S 18Th St, Kansas City, KS 66105
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      467 SF

      Kansas City Manufacturing/Warehouse Space

      Manufacturing/warehouse space with heavy power, central location, signage available.
      801-827 S 7Th St, Kansas City, KS 66105
      View Details
    • Contact for pricing
      6,000 SF

      Renovated Industrial Building with Storage

      6,000 SF industrial building with fenced outdoor storage.
      1440 Kansas Ave, Kansas City, KS 66105
      View Details
    • Contact for pricing
      22,106 SF

      Industrial Building with Outdoor Storage

      22,106 SF industrial building with 2.5 acres storage.
      1141 S 12Th St, Kansas City, KS 66105
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1268 Kansas Ave
    Kansas City, KS 66105-1137
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1268 Kansas Ave, Kansas City, KS, 66105
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!