Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2801 Holmes St Kansas City, MO 64109-1146
    Property profile & analytics

    2801 Holmes St Kansas City, MO 64109-1146

    View on Map
    • Retail space
    • 1,897 SF
    • 0.16 lot acres
    Off-Market
    Property ID
    US48-0530773
    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

    • You Say Tomato / Take-out & Catering / Catering Service

    Property Details for 2801 Holmes St

    Year built
    1928
    Construction
    WOOD
    Lot size
    0.16 lot acres
    Property size
    1,897 SF
    Property type
    Retail space
    APN
    29-810-18-02
    APU
    298101802

    Description

    This exceptional mixed-use property at 2801 Holmes Street in Kansas City, Missouri, presents a unique investment opportunity. The 4,600 square foot building boasts a compelling blend of retail and multifamily components, ideal for owner-users seeking a strong return. The property comprises a 2,200 square foot retail space currently occupied by one tenant, perfectly suited for a convenience store or similar business. Above the retail space is a two-story apartment building, offering 1,200 square feet per floor, totaling 2,400 square feet of residential space. A full basement provides ample storage. The property is currently occupied by two tenants, offering immediate cash flow. Strategically located in an opportunity zone within Jackson County, zip code 64109, this property benefits from the numerous redevelopment projects underway in the area, promising significant future appreciation. Its proximity to downtown Kansas City (less than 10 minutes away) further enhances its desirability. The asking price is $450,000, making this a compelling investment for discerning buyers seeking a blend of income generation and long-term growth potential in a rapidly developing urban area.

    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
    Kansas City
    County
    Jackson
    State
    Missouri
    Longitude
    -94.576
    Latitude
    39.0753
    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
    $1,872
    $4,423
    $16,873
    $21,296
    -
    $0.00
    $0.00
    $81,300

    Comparable in this City

    • Value Estimation by Request
      312 SF

      2309 34th St

      RETAIL STORES (PERSONAL SERVICES) • 312 SF
      2309 34th St, Kansas City, MO 64109-2508
      View Details
    • Value Estimation by Request
      880 SF

      3319 Troost Ave

      RETAIL STORES (PERSONAL SERVICES) • 880 SF
      3319 Troost Ave, Kansas City, MO 64109-1850
      View Details
    • Value Estimation
      $1,145,000
      7,200 SF

      3133 Troost Ave

      RETAIL STORES (PERSONAL SERVICES) • 7,200 SF
      3133 Troost Ave, Kansas City, MO 64109-1845
      View Details
    • Value Estimation by Request
      2,385 SF

      2123 31st St

      RETAIL STORES (PERSONAL SERVICES) • 2,385 SF
      2123 31st St, Kansas City, MO 64109-1641
      View Details
    • Value Estimation by Request
      3,574 SF

      3212 Holmes St

      RETAIL STORES (PERSONAL SERVICES) • 3,574 SF
      3212 Holmes St, Kansas City, MO 64109-1754
      View Details
    • Value Estimation
      $680,000
      4,276 SF

      3350 Troost Ave

      RETAIL STORES (PERSONAL SERVICES) • 4,276 SF
      3350 Troost Ave, Kansas City, MO 64109-1849
      View Details

    Similar Nearby for Sale

    • $220,000
      0.04 Acres

      Grocery Store Opportunity, Kansas City

      Grocery/convenience store and smoke shop at a busy intersection.
      3445 Woodland Ave, Kansas City, MO 64109
      View Details
    • $1,500,000
      16,000 SF

      Troost Corridor Building For Sale

      Four-story concrete building with development potential in Kansas City.
      3219 Troost Ave, Kansas City, MO 64109
      View Details
    • $225,000
      1,386 SF

      Grocery Store on Corner Lot

      Grocery and smoke shop on a busy corner lot.
      3445 Woodland Ave, Kansas City, MO 64109
      View Details
    • Contact for pricing

      Martini Corner Prime Parking Lot

      Land opportunity in Kansas City's rapidly evolving urban core.
      3018-3028 Holmes St, Kansas City, MO 64109
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      6,435 SF

      Revived Flex Space on Linwood

      6,435 SF flex space near Troost revival corridor.
      1006 E Linwood Blvd, Kansas City, MO 64109
      View Details
    • Contact for pricing
      10,000 SF

      Warehouse Space Near Downtown

      10,000 SF warehouse space available Q2 2026.
      2718 Holmes St, Kansas City, MO 64109
      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.
    2801 Holmes St
    Kansas City, MO 64109-1146
    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
    2801 Holmes St, Kansas City, MO, 64109
    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!