Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    24 N 130Th St Bonner Springs, KS 66012

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    24 N 130Th St Bonner Springs, KS 66012

    View on Map
    • Drive through restaurants
    • 4,108 SF
    • 1.03 lot acres
    For Lease
    $650,000
    View Listing →
    Retail Space for Lease For Lease
    $650,000

    Retail Space for Lease

    Retail space available for lease in Bonner Springs, Kansas.

    24 N 130th St, Bonner Springs, KS 66012
    View Listing
    Property ID
    US33-0529435
    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
    $650,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Drive through restaurants

    Property Details for 24 N 130Th St

    Year built
    1998
    Lot size
    1.03 lot acres
    Property size
    4,108 SF
    Property type
    Drive through restaurants
    APN
    253202
    APU
    253202

    Description

    This exceptional freestanding retail building, located at 24 N 130th St in Bonner Springs, Kansas, 66012, presents a unique investment opportunity. The property boasts a total of 4,282 square feet of space, currently vacant and ready for immediate occupancy. Classified as a Class B building, it's ideally suited for a restaurant or similar drive-thru business. The single-tenant configuration offers simplicity and control. The substantial lot size of 1.03 acres provides ample space for parking, outdoor seating, or future expansion. The building's strategic location in Bonner Springs, Kansas offers excellent visibility and accessibility, making it an attractive proposition for businesses seeking a strong foothold in a growing market. The property's convenient access and ample parking will appeal to customers. This is a rare opportunity to acquire a fully vacant, freestanding building in a desirable location, allowing for complete customization to suit a specific business plan. The property is ready for immediate development and offers significant potential for return on investment. The property type is retail, specifically suited for restaurant use.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $495,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $807,000
      Market price range: $452k - $809k

    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $620,000
      Current use
      OFFICE BUILDING
      $515,000
      Change: -16% Conversion: Moderate

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

    Location Insight

    • Map
    • Local Demand
    City
    Bonner Springs
    County
    Wyandotte
    State
    Kansas
    Longitude
    -94.8828
    Latitude
    39.0984
    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
    $33,647
    $149,548
    $62,953
    $212,501
    -
    $598,190
    $251,810
    $850,000

    Comparable in this City

    • Value Estimation
      $680,000
      4,180 SF

      14 130th St

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,180 SF
      14 130th St, Bonner Springs, KS 66012-9140
      View Details
    • Value Estimation by Request
      900 SF

      101 Kump St

      DRIVE-THRU RESTAURANT, FAST FOOD • 900 SF
      101 Kump St, Bonner Springs, KS 66012-3412
      View Details
    • Value Estimation
      $585,000
      3,451 SF

      600 Tulip Dr

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,451 SF
      600 Tulip Dr, Bonner Springs, KS 66012-7145
      View Details
    • Value Estimation by Request
      1,440 SF

      103 Frnt St

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,440 SF
      103 Frnt St, Bonner Springs, KS 66012-1024
      View Details
    • Value Estimation by Request
      1,728 SF

      4 130th St

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,728 SF
      4 130th St, Bonner Springs, KS 66012-9140
      View Details
    • Value Estimation
      $530,000
      2,805 SF

      540 129th St

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,805 SF
      540 129th St, Bonner Springs, KS 66012-9210
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Development Land in Bonner Springs

      Three parcels of land available for development in Bonner Springs.
      13140 Canaan Center Dr, Bonner Springs, KS 66012
      View Details
    • $699,950
      Pending

      Versatile Mixed-Use Commercial Building

      7,500 SF main floor plus 7,500 SF finished basement.
      133 Oak St, Bonner Springs, KS 66012
      View Details
    • Contact for pricing
      5,456 SF

      Bonner Springs Warehouse For Sale

      5,456 SF warehouse with three drive-in doors.
      422 W 2Nd St, Bonner Springs, KS 66012
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space for Lease

      Retail space available for lease in Bonner Springs, Kansas.
      24 N 130Th St, Bonner Springs, KS 66012
      View Details
    • Contact for pricing
      12,719 SF

      Retail Space in Bonner Springs

      Retail or office spaces available in anchored Bonner Springs center.
      608 Tulip Dr, Bonner Springs, KS 66012
      View Details
    • Contact for pricing

      Commercial Space for Lease

      Commercial property available for lease in Bonner Springs, Kansas.
      13027 Kansas Ave, Bonner Springs, KS 66012
      View Details
    • $6,500 /Mo
      2 SF

      Bonner Springs Commercial Land Available

      2.3 acres of fenced and gated land for lease.
      11845 Kaw Dr, Bonner Springs, KS 66012
      View Details
    View Listing
    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.
    24 N 130Th St
    Bonner Springs, KS 66012
    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!