Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    15900 Hwy 45 Parkville, MO 64152
    Back to Search
    Property profile & analytics

    15900 Hwy 45 Parkville, MO 64152

    View on Map
    • Office buildings
    • 400 SF
    • 50.37 lot acres
    Off-Market
    Last Sale Sep 25, 2020
    Property ID
    US48-2848198
    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

    • Office buildings

    Property Details for 15900 Hwy 45

    Year built
    2020
    Lot size
    50.37 lot acres
    Property size
    400 SF
    Zone code
    CALL PKVL
    Property type
    Office buildings
    APN
    20-4.0-18-000-000-010-005
    APU
    204018000000010005

    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
    Parkville
    County
    Platte
    State
    Missouri
    Longitude
    -94.7645
    Latitude
    39.229
    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
    $5,698
    $0.00
    $0.00
    $0.00
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      1,929 SF

      8701 Riv Park Dr

      PROFESSIONAL BUILDING • 1,929 SF
      8701 Riv Park Dr, Parkville, MO 64152-4359
      View Details
    • Value Estimation by Request
      8,610 SF

      6200 Kelly Dr

      OFFICE BUILDING • 8,610 SF
      6200 Kelly Dr, Kansas City, MO 64152-3986
      View Details
    • Value Estimation
      $635,000
      7,772 SF

      6112 State Rte 9th 9

      OFFICE BUILDING • 7,772 SF
      6112 State Rte 9th 9, Parkville, MO 64152-3526
      View Details
    • Value Estimation
      $2,800,000
      25,350 SF

      1 12th St

      OFFICE BUILDING • 25,350 SF
      1 12th St, Parkville, MO 64152
      View Details
    • Value Estimation
      $580,000
      8,832 SF

      6004 State Rte 9th 9

      OFFICE BUILDING • 8,832 SF
      6004 State Rte 9th 9, Parkville, MO 64152-3549
      View Details
    • Value Estimation by Request
      5,039 SF

      6114 State Rte 9th 9

      OFFICE BUILDING • 5,039 SF
      6114 State Rte 9th 9, Parkville, MO 64152-3547
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1,317 SF

      Historic Downtown Parkville Office Building

      Charming office building in the heart of Parkville's downtown.
      307 Main St, Parkville, MO 64152
      View Details
    • $399,900

      Historic Downtown Parkville Property

      Charming historic property in the heart of downtown Parkville.
      307 Main St, Parkville, MO 64152
      View Details
    • Contact for pricing

      Commercial Lot at Green Hills

      High-visibility commercial lot at a signalized intersection.
      8433 NW Barry Rd, Kansas City, MO 64152
      View Details
    • Contact for pricing

      Parkville Land For Sale

      5.49 acre commercial land available in Parkville, Missouri.
      Swc Tom Watson Pkwy & Bell Rd, Parkville, MO 64152
      View Details
    • Contact for pricing

      High-Performing Drive-Thru Restaurant Investment

      Freestanding Dairy Queen with a long-term absolute NNN lease.
      8803 Mo-45, Parkville, MO 64152
      View Details
    • Contact for pricing

      Commercial Land For Sale

      5.49 acre commercial land with B-2 zoning.
      6220 NW Kelly Dr, Kansas City, MO 64152
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,200 SF

      Retail/Office Space in High-Traffic Area

      1,200 SF retail/office space in a high-traffic location.
      8327 N Congress Ave, Kansas City, MO 64152
      View Details
    • $13 SF/Yr

      Parkville Retail and Office Suites

      Retail and office spaces available in Parkville's English Landing Centre.
      180 English Landing Dr, Parkville, MO 64152
      View Details
    • $13 SF/Yr

      Furnished Office Space in Parkville

      Furnished office space divisible to 1500 sf in Parkville.
      173 English Landing Dr, Parkville, MO 64152
      View Details
    • Contact for pricing
      20,336 SF

      Office Space in Kansas City

      Office space available for rent in Kansas City, MO.
      120 W 12Th St, Kansas City, MO 64152
      View Details
    • Contact for pricing
      2,848 SF

      Main Street Retail/Office Space

      Retail or office space with excellent visibility and parking.
      3017 Main St, Kansas City, MO 64152
      View Details
    • Contact for pricing
      1,500 SF

      Professional Office Space For Rent

      Office space with excellent visibility in front of Platte County YMCA.
      6112 N State Route 9, Kansas City, MO 64152
      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.
    15900 Hwy 45
    Parkville, MO 64152
    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
    15900 Hwy 45, Parkville, MO, 64152
    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!