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    Property profile & analytics

    13717 E 39Th St Independence, MO 64055

    • Office buildings
    • 1,800 SF
    • 0.28 lot acres
    For Sale
    View listing
    $365,000
    Value Estimations
    Cap Rate Potential
    9.8%
    Office buildings
    Location Intelligence
    Property ID
    US48-0700214
    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

    • Old Town Veterinary Care / Dog Day Care Center / Veterinarian

    Property Details for 13717 E 39Th St

    Year built
    1968
    Construction
    WOOD
    Lot size
    0.28 lot acres
    Property size
    1,800 SF
    Property type
    Office buildings
    APN
    33-230-01-48
    APU
    332300148

    Description

    This 500,000 Independence, MO office building houses an established veterinary practice available for sale at $250,000. The practice, operating since 2011, boasts a loyal client base, dedicated staff willing to stay on, and the option for the current veterinarian to remain as relief. The building features a spacious waiting area, two exam rooms, two surgery suites, numerous kennels, a washing station, and a laundry room with washer and dryer included. Additional space includes a chiropractic office and versatile open rooms. Significant building improvements since 2011 include a new furnace (2011), roof (2017 with a 20-year transferable warranty), two new AC units (2018), and four new front windows (2021). All medical equipment and supplies are included in the sale. The clinic operates Monday-Thursday, 7:00 am to 6:00 pm. A non-disclosure agreement is required for interested buyers. This turnkey opportunity combines a profitable business with a well-maintained building, presenting a unique investment prospect.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $300,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $490,000
      6.5%
      $450,000
      7%
      $420,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $324,000
      Market price range: $108k - $324k

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

    Location Insight

    • Map
    • Local Demand
    City
    Independence
    County
    Jackson
    State
    Missouri
    Longitude
    -94.4174
    Latitude
    39.05
    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
    $9,324
    $43,648
    $69,952
    $113,600
    -
    $0.00
    $0.00
    $355,000

    Comparable in this City

    • Value Estimation
      $295,000
      4,060 SF

      3905 Lynn Ct

      OFFICE BUILDING • 4,060 SF
      3905 Lynn Ct, Independence, MO 64055-3337
      View Details
    • Value Estimation
      $300,000
      1,648 SF

      530 23rd S St

      OFFICE BUILDING • 1,648 SF
      530 23rd S St, Independence, MO 64055-1503
      View Details
    • Value Estimation
      $380,000
      10,000 SF

      15301 23rd S St

      OFFICE BUILDING • 10,000 SF
      15301 23rd S St, Independence, MO 64055-1621
      View Details
    • Value Estimation
      $305,000
      1,396 SF

      16006 23rd S St

      OFFICE BUILDING • 1,396 SF
      16006 23rd S St, Independence, MO 64055-1913
      View Details
    • Value Estimation
      $415,000
      9,198 SF

      4820 Arrowhead Dr

      OFFICE BUILDING • 9,198 SF
      4820 Arrowhead Dr, Independence, MO 64055-6944
      View Details
    • Value Estimation
      $545,000
      12,369 SF

      4801 Clf Ave

      OFFICE BUILDING • 12,369 SF
      4801 Clf Ave, Independence, MO 64055-7015
      View Details

    Similar Nearby for Sale

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    • $449,000
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      Prime Office Building, Independence, MO

      High-visibility office, ample parking, owner financing possible.
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      Affordable, remodeled commercial space with high visibility and business potential.
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    • $500,000

      Independence Office Building & Vet Clinic

      Established Vet Practice, Great Opportunity
      13717 39Th St, Independence, MO 64055
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,616 SF

      Office Space Near I-70/I-470

      Centrally located office space with good highway visibility.
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      Office Space with Private Restroom

      Office space featuring private offices, restroom, and designated storage.
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    • $25 SF/Yr
      50,010 SF

      Prime Medical Office Space in Independence, MO

      Class A Suites, 1,726 - 3,100 SF Available
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      View Details
    • $13 SF/Yr
      1,237 SF

      Office Spaces Available in 2025

      Office spaces for rent with ample parking and updates.
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      View Details
    • $228 SF/Yr
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      Prime Independence Medical Office Space

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    • $10 SF/Yr
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      Hidden Creek Office Complex

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      14401 42Nd St, Independence, MO 64055
      View Details
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    Independence, MO 64055
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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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