Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2821 Vivion Rd Kansas City, MO 64119-2515
    Back to Search
    Property profile & analytics

    2821 Vivion Rd Kansas City, MO 64119-2515

    View on Map
    • Retail space
    • 17.45 lot acres
    Off-Market
    Last Sale May 23, 2022
    Property ID
    US48-0697170
    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

    • Retail space

    Property Details for 2821 Vivion Rd

    Lot size
    17.45 lot acres
    Property type
    Retail space
    Property subtype
    Storefront properties
    APN
    14-717-00-02-002-00
    APU
    14717000200200

    Description

    This exceptional 16.44-acre land parcel, located at 2821 NE Vivion Rd in Kansas City, Missouri, presents a compelling redevelopment opportunity. Situated in Clay County, zip code 64119, this property boasts a prime location at the intersection of NE Antioch Rd and NE Vivion Rd, ensuring high visibility and convenient access. The site is zoned UR (Urban Redevelopment District), allowing for a diverse range of development options, including multifamily residential, medical office buildings, or retail spaces. Its designation as an infill site within Kansas City's rapidly developing Northland area further enhances its appeal. The property benefits from excellent interstate access and is situated in a Qualified Investment Tract (QIT), offering potential tax advantages. This is an exceptional chance to capitalize on the high-growth potential of this desirable location and create a thriving mixed-use development. The property's size and zoning provide significant flexibility for a variety of development plans, making it an attractive investment for developers seeking a strategic location in a thriving market.

    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
    Clay
    State
    Missouri
    Longitude
    -94.5459
    Latitude
    39.186
    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
    2019
    $73,836
    $0.00
    $0.00
    $0.00
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request

      Prospect Ave

      STORE, RETAIL OUTLET
      Prospect Ave, Kansas City, MO 64119
      View Details
    • Value Estimation by Request

      4112 Vivion Rd

      Medical Office Space
      4112 Vivion Rd, Kansas City, MO 64119
      View Details
    • Value Estimation by Request
      65,000 SF

      401-475 Us Highway 69

      Lifestyle centers • 65,000 SF
      401-475 Us Highway 69, Claycomo, MO 64119
      View Details
    • Value Estimation by Request
      25.00 Acres

      MO1 Maplewoods Pkwy

      Lifestyle centers • 25.00 Acres
      MO1 Maplewoods Pkwy, Kansas City, MO 64119
      View Details
    • Value Estimation by Request
      0.36 Acres

      5245 49th St

      PARKING LOT • 0.36 Acres
      5245 49th St, Kansas City, MO 64119
      View Details
    • Value Estimation by Request
      0.66 Acres

      5301 Denver Ave

      VACANT COMMERCIAL LAND • 0.66 Acres
      5301 Denver Ave, Kansas City, MO 64119-2921
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2,800 SF

      Retail Property in Kansas City

      2800 SF retail property available for sale.
      4915 NE Vivion Rd, Kansas City, MO 64119
      View Details
    • $99,000
      1.70 Acres

      Commercial Land in Gladstone, MO

      Commercial land available in the heart of Gladstone, Missouri.
      Brooktree Ln, Gladstone, MO 64119
      View Details
    • $95,000
      0.68 Acres

      Residential Land in Gladstone, Missouri

      0.68 acre residential land for sale in Gladstone, Missouri.
      6918 N Myrtle Ct, Gladstone, MO 64119
      View Details
    • $2,200,250
      15,694 SF

      Gladstone Office Building For Sale

      15,694 SF office building in Gladstone, Missouri.
      2900 Northeast Brooktree Ln, Kansas City, MO 64119
      View Details
    • $375,000

      Development Opportunity Near Antioch Crossings

      Commercial land near Antioch Crossings, excellent development opportunity.
      5607 NE Antioch Rd, Kansas City, MO 64119
      View Details
    • Contact for pricing

      Land Zoned for Office Use

      Land suitable for office development, near downtown and airport.
      NE Brooktree Ln, Kansas City, MO 64119
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,264 SF

      Retail Space in Gladstone, Missouri

      Retail space available for lease in Gladstone, Missouri.
      5729-5771 NE Antioch Rd, Gladstone, MO 64119
      View Details
    • Contact for pricing
      1,598 SF

      Retail Space Near I-35

      Retail space with versatile layout and ample parking available for lease.
      4706 NE Vivion Rd, Kansas City, MO 64119
      View Details
    • Contact for pricing
      6,500 SF

      Retail and Flex Space Available

      6,500 SF retail/flex space for lease in Kansas City.
      2618 NE Vivion Rd, Kansas City, MO 64119
      View Details
    • Contact for pricing
      3,474 SF

      Retail Space Available For Rent

      Retail space available for lease in Kansas City, MO.
      475 E Us Highway 69, Kansas City, MO 64119
      View Details
    • $2,000 /Mo
      60,548 SF

      Retail Space in Thriving Center

      Retail space suitable for coffee shop or limited food service.
      4112 NE Vivion Rd, Kansas City, MO 64119
      View Details
    • Contact for pricing
      7,850 SF

      Retail Space in Kansas City

      Retail space available for lease in Kansas City, Missouri.
      499 NE Dickinson Ln, Kansas City, MO 64119
      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.
    2821 Vivion Rd
    Kansas City, MO 64119-2515
    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
    2821 Vivion Rd, Kansas City, MO, 64119
    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!