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    Property profile & analytics

    15221 23rd S Ter, Unit 1 Independence, MO 64055-1656

    • Apartment buildings
    • 1,920 SF
    • 0.29 lot acres
    OFF-MARKET
    Value Estimation
    $400,000
    Location Intelligence
    Property ID
    US48-0781333
    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

    • Apartment buildings

    Property Details for 15221 23rd S Ter

    Year built
    1985
    Construction
    WOOD
    Lot size
    0.29 lot acres
    Property size
    1,920 SF
    Property type
    Apartment buildings
    APN
    26-630-02-83
    APU
    266300283

    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
    -94.3989
    Latitude
    39.077
    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
    $3,602
    $12,350
    $40,850
    $53,200
    -
    $0.00
    $0.00
    $280,000

    Comparable in this City

    • Value Estimation
      $350,000
      1,920 SF

      15321 23rd S Ter, Unit 1

      APARTMENT HOUSE (5+ UNITS) • 1,920 SF
      15321 23rd S Ter, Independence, MO 64055-1660
      View Details
    • Value Estimation
      $340,000
      1,784 SF

      13875 35th St S Ct, Unit A

      APARTMENT HOUSE (5+ UNITS) • 1,784 SF
      13875 35th St S Ct, Independence, MO 64055-2447
      View Details
    • Value Estimation
      $335,000
      1,755 SF

      3553 Lynn St

      APARTMENT HOUSE (5+ UNITS) • 1,755 SF
      3553 Lynn St, Independence, MO 64055-3240
      View Details
    • Value Estimation
      $335,000
      1,784 SF

      13821 35th St S Ct, Unit A

      APARTMENT HOUSE (5+ UNITS) • 1,784 SF
      13821 35th St S Ct, Independence, MO 64055-2448
      View Details
    • Value Estimation
      $415,000
      1,920 SF

      15211 23rd S Ter, Unit 1

      APARTMENT HOUSE (5+ UNITS) • 1,920 SF
      15211 23rd S Ter, Independence, MO 64055-1650
      View Details
    • Value Estimation
      $460,000
      1,784 SF

      3509 Lynn St

      APARTMENT HOUSE (5+ UNITS) • 1,784 SF
      3509 Lynn St, Independence, MO 64055-3240
      View Details

    Similar Nearby for Sale

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

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    Similar Nearby for Lease

    • Contact for pricing
      2,000 SF

      Noland Road Retail Space Available

      Prime Independence Retail Space, 2,000 SF
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      View Details
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      Retail or medical spaces available for lease on Highway 40.
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      Office Spaces Available in 2025

      Office spaces for rent with ample parking and updates.
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      View Details
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    Independence, MO 64055-1656
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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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