Add Listing
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

    1822 Cherry St Kansas City, MO 64108-1713

    • Outlet malls
    • 12,000 SF
    • 0.65 lot acres
    OFF-MARKET
    Value Estimations
    $1,580,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US48-0480543
    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

    • Betty White Mural (by Skiggity) / Painting
    • Mural by Ten Hundred for SpraySeeMO / Resort

    Property Details for 1822 Cherry St

    Year built
    1937
    Lot size
    0.65 lot acres
    Property size
    12,000 SF
    Property type
    Outlet malls
    Property subtype
    Shopping centers
    APN
    29-510-11-17
    APU
    295101117

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,880,000
      6.5%
      $1,735,000
      7%
      $1,610,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,428,000
      Market price range: $732k - $2.01M

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $1,390,000
      Current use
      APARTMENT HOUSE (5+ UNITS)
      $1,430,000
      Change: +3% Conversion: Difficult
      RESTAURANT
      $1,410,000
      Change: +1% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Kansas City
    County
    Jackson
    State
    Missouri
    Longitude
    -94.577
    Latitude
    39.0906
    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
    $38,912
    $186,656
    $220,352
    $407,008
    -
    $0.00
    $0.00
    $1,271,900

    Comparable in this City

    • Value Estimation by Request
      4,266 SF

      2201 Pennway St

      WHOLESALE OUTLET, DISCOUNT STORE • 4,266 SF
      2201 Pennway St, Kansas City, MO 64108-2119
      View Details
    • Value Estimation
      $700,000
      4,480 SF

      2459 Smt St

      WHOLESALE OUTLET, DISCOUNT STORE • 4,480 SF
      2459 Smt St, Kansas City, MO 64108-2424
      View Details
    • Value Estimation by Request
      1,625 SF

      1824 Charlotte St

      WHOLESALE OUTLET, DISCOUNT STORE • 1,625 SF
      1824 Charlotte St, Kansas City, MO 64108-1711
      View Details
    • Value Estimation by Request
      3,600 SF

      2051 Holmes St

      WHOLESALE OUTLET, DISCOUNT STORE • 3,600 SF
      2051 Holmes St, Kansas City, MO 64108-2621
      View Details
    • Value Estimation
      $2,350,000
      31,850 SF

      908 25th St

      WHOLESALE OUTLET, DISCOUNT STORE • 31,850 SF
      908 25th St, Kansas City, MO 64108-2326
      View Details
    • Value Estimation by Request
      4,800 SF

      1510 Charlotte St

      WHOLESALE OUTLET, DISCOUNT STORE • 4,800 SF
      1510 Charlotte St, Kansas City, MO 64108-1526
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      9,000 SF

      Crossroads/Westside Building For Sale

      Rare opportunity in a prime location with highway access.
      700 Southwest Blvd, Kansas City, MO 64108
      View Details
    • Contact for pricing
      6,228 SF

      Turn-Key Restaurant and Bar

      Established restaurant and bar on Southwest Boulevard for sale.
      2856 Southwest Blvd, Kansas City, MO 64108
      View Details
    • Contact for pricing
      9,000 SF

      Restaurant Space Crossroads/Westside For Sale

      Restaurant space for sale in Crossroads/Westside area.
      700 Southwest Blvd, Kansas City, MO 64108
      View Details
    • Contact for pricing
      21,000 SF

      Martini Corner Retail and Office

      Located in Martini Corner, featuring retail and office suites.
      325 E 31St St, Kansas City, MO 64108
      View Details
    • Contact for pricing

      Crossroads Arts District Mixed-Use Property

      Mixed-use property in Kansas City's Crossroads Arts District.
      2018 Main St, Kansas City, MO 64108
      View Details
    • Contact for pricing
      3,280 SF

      Retail Property in Kansas City

      Retail property with 3,280 square feet of space.
      1220 W 31St St, Kansas City, MO 64108
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space in La Quinta Inn

      Street-level retail space with high visibility and ample parking.
      2321 Troost Ave, Kansas City, MO 64108
      View Details
    • Contact for pricing

      Versatile Kansas City Commercial Space

      Adaptable commercial space suitable for retail, office, or industrial use.
      325 E 31St St, Kansas City, MO 64108
      View Details
    • Contact for pricing

      Prime Redevelopment Opportunity Near Broadway

      Mixed-use redevelopment opportunity near Kauffman Center for Performing Arts.
      16Th St Broadway Blvd, Kansas City, MO 64108
      View Details
    • Contact for pricing

      Crossroads Retail or Office Space

      Retail or office space available on a prominent corner.
      229 Southwest Blvd, Kansas City, MO 64108
      View Details
    • Contact for pricing

      Crossroads Retail, Office, Showroom Space

      Quintessential Crossroads space suitable for retail, office, or showroom.
      122 Southwest Blvd, Kansas City, MO 64108
      View Details
    • Contact for pricing
      52,581 SF

      Downtown Kansas City Warehouse Space

      Warehouse space with showroom and fenced outside storage yard.
      917 E 19Th St, Kansas City, MO 64108
      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.
    1822 Cherry St
    Kansas City, MO 64108-1713
    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.
    Sign Up Successful!
    You now have access to more from Realmo!