Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1512 Main St Grandview, MO 64030-2539

    • Office buildings
    • 6,240 SF
    • 0.75 lot acres
    OFF-MARKET
    Value Estimations
    $1,120,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US48-0626111
    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

    • Avis Car rental / Car Rental Agency / Van Rental Agency
    • Charter Funerals / Funeral Home / Cremation Service
    • Spectrum Family Services Inc / Funeral Home
    • Payless Car Rental / Car Rental Agency / Van Rental Agency
    • American Medical Services / Software Company

    Property Details for 1512 Main St

    Year built
    1960
    Construction
    WOOD
    Lot size
    0.75 lot acres
    Property size
    6,240 SF
    Property type
    Office buildings
    APN
    64-840-18-08
    APU
    648401808

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,280,000
      6.5%
      $1,185,000
      7%
      $1,100,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,058,000
      Market price range: $492k - $1.56M

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $1,010,000
      Current use
      AUTO REPAIR, GARAGE
      $1,105,000
      Change: +9% Conversion: Difficult
      RESTAURANT
      $830,000
      Change: -18% Conversion: Moderate

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

    Location Insight

    • Map
    • Local Demand
    City
    Grandview
    County
    Jackson
    State
    Missouri
    Longitude
    -94.5266
    Latitude
    38.8896
    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
    $19,613
    $64,896
    $143,104
    $208,000
    -
    $0.00
    $0.00
    $650,000

    Comparable in this City

    • Value Estimation by Request
      600 SF

      Grandview, MO 64030

      OFFICE BUILDING • 600 SF
      Grandview, MO 64030
      View Details
    • Value Estimation
      $3,415,000
      15,549 SF

      4001 143rd St

      OFFICE BUILDING • 15,549 SF
      4001 143rd St, Grandview, MO 64030-4102
      View Details
    • Value Estimation by Request
      672 SF

      13208 Us Hwy 71

      OFFICE BUILDING • 672 SF
      13208 Us Hwy 71, Grandview, MO 64030-3102
      View Details
    • Value Estimation by Request
      560 SF

      1306 Main St

      OFFICE BUILDING • 560 SF
      1306 Main St, Grandview, MO 64030-2535
      View Details
    • Value Estimation by Request
      800 SF

      14214 Us Hwy 71

      OFFICE BUILDING • 800 SF
      14214 Us Hwy 71, Grandview, MO 64030-4053
      View Details
    • Value Estimation
      $695,000
      5,108 SF

      830 Blue Rdg Ext

      OFFICE BUILDING • 5,108 SF
      830 Blue Rdg Ext, Grandview, MO 64030-1768
      View Details

    Similar Nearby for Sale

    • $395,000
      0.48 Acres

      Grandview Office Building on Corner Lot

      Office building on oversized corner lot, suitable for redevelopment.
      210 Blue Ridge Ext, Grandview, MO 64030
      View Details
    • $700,000
      1.37 Acres

      Grandview Commercial Space on Blue Ridge

      Commercial space in Grandview, high visibility, high traffic exposure.
      12300 Blue Ridge Ext, Grandview, MO 64030
      View Details
    • $329,200
      16.46 Acres

      Grandview MO Industrial Land Investment

      16 Acres, $20k/Acre, AG Zoning
      135th And Arrington Rd, Grandview, MO 64030
      View Details
    • $137,685
      1.51 Acres

      Grandview MO Commercial Land Parcel

      1.51 Acres, Industrial Zoning, $137,685
      3RD St And Blue Rdg Blvd, Grandview, MO 64030
      View Details
    • $699,000
      7.48 Acres

      Grandview MO Multi-Use Land

      7.48 Acres, Endless Potential
      7905 High Grove Rd, Grandview, MO 64030
      View Details
    • Contact for pricing

      0.74 Acre Land Site

      0.74 acre land site available for sale in Grandview, MO.
      5200 Harry S Truman Dr, Grandview, MO 64030
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      600,000 SF

      Grandview Executive Office Tower

      30-Story Office Building, 600,000 SF
      1034 Main St, Grandview, MO 64030
      View Details
    • $1,500 /Mo
      1,200 SF

      Office Space with Open Layout

      Office space featuring an open floor plan and restroom.
      12710 S Us Highway 71, Grandview, MO 64030
      View Details
    • Contact for pricing
      6,000 SF

      Retail Space in Grandview, MO

      Junior box and small shop opportunities in dominant power center.
      12100-12124 15Th St, Grandview, MO 64030
      View Details
    • $12 SF/Yr
      5,870 SF

      Stand Alone Retail Space Available

      Retail space with dedicated parking and high visibility signage.
      12104 Blue Ridge Ext, Grandview, MO 64030
      View Details
    • $3 SF/Yr
      105,145 SF

      Grandview Warehouse: 105,145 SF

      High-ceiling warehouse, ideal for industrial use.
      301 High Grove Rd, Grandview, MO 64030
      View Details
    • $2,000 /Mo
      2,000 SF

      Retail Space with Dedicated Parking

      Retail space available May 1st with dedicated parking.
      12142 Blue Ridge Ext, Grandview, MO 64030
      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.
    1512 Main St
    Grandview, MO 64030-2539
    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

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.