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

    3615 Bellaire Ave Kansas City, MO 64129

    • Commercial real estate
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US48-0339044
    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

    • Commercial real estate

    Property Details for 3615 Bellaire Ave

    Property type
    Commercial real estate

    Description

    This exceptional 5,037 square foot residential lot, located at 3615 Bellaire Avenue in Kansas City, Missouri, presents a fantastic opportunity for building a new home. Situated in Jackson County, zip code 64129, this property offers a desirable location. The lot is being sold in conjunction with an adjacent lot (5915 E 36th Ter - MLS #2504229), providing potential for a larger building project or expansion. The asking price for this remarkable parcel is $20,000. This is a corner lot, ideal for maximizing natural light and curb appeal. Prospective buyers are responsible for independently verifying all details related to zoning regulations, property taxes, necessary permits, and other relevant information pertinent to construction and development. The geographic coordinates for this property are latitude 39.0586398 and longitude -94.5150633. Don't miss this chance to acquire this prime residential land in a sought-after Kansas City neighborhood. Act quickly, as opportunities like this are rare.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Kansas City
    County
    Jackson
    State
    Missouri
    Longitude
    -94.5150633
    Latitude
    39.0586398

    Comparable in this City

    • Contact for pricing

      Prime KC Residential Land

      Wooded lot, near stadiums & downtown.
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    • $139,900
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      Kansas City Triplex Investment Opportunity

      Versatile triplex in Kansas City, ideal for investors or homeowners.
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      Prime Kansas City Industrial Site

      13-Acre IOS Site, $6.8M, High ROI
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      Prime Kansas City Development Opportunity

      Just under 8 acres of prime raw land in Kansas City.
      5401 Bennington Ave, Kansas City, MO 64129
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      Development Land in Kansas City

      Prime development opportunity in the heart of Kansas City, Missouri.
      5403 Bennington Ave, Kansas City, MO 64129
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    • $2,000,000
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      Prime Kansas City Development Opportunity

      Just under 8 acres of land in central Kansas City.
      6713 Martin Luther King Jr. Blvd, Kansas City, MO 64129
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    Similar Nearby for Sale

    • Contact for pricing

      Prime KC Residential Land

      Wooded lot, near stadiums & downtown.
      2639 Booth Ave, Kansas City, MO 64129
      View Details
    • $139,900
      0.14 Acres

      Kansas City Triplex Investment Opportunity

      Versatile triplex in Kansas City, ideal for investors or homeowners.
      2450 Hardesty Ave, Kansas City, MO 64129
      View Details
    • $6,800,000
      13.00 Acres

      Prime Kansas City Industrial Site

      13-Acre IOS Site, $6.8M, High ROI
      7200 Us Highway 40, Kansas City, MO 64129
      View Details
    • $2,000,000
      0.62 Acres

      Prime Kansas City Development Opportunity

      Just under 8 acres of prime raw land in Kansas City.
      5401 Bennington Ave, Kansas City, MO 64129
      View Details
    • $2,000,000
      0.61 Acres

      Development Land in Kansas City

      Prime development opportunity in the heart of Kansas City, Missouri.
      5403 Bennington Ave, Kansas City, MO 64129
      View Details
    • $2,000,000
      0.88 Acres

      Prime Kansas City Development Opportunity

      Just under 8 acres of land in central Kansas City.
      6713 Martin Luther King Jr. Blvd, Kansas City, MO 64129
      View Details

    Similar Nearby for Lease

    • $42,000
      7,700 SF

      8753 Us Highway 40

      Land • 7,700 SF
      8753 Us Highway 40, Kansas City, MO 64129
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    • $10 SF/Yr
      2,200 SF

      Kansas City Industrial Warehouse

      Contractor's Office & Workshop - Great Location
      6500 35Th Ter, Kansas City, MO 64129
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    • $6 SF/Yr
      49,500 SF

      Kansas City Warehouse Space Available

      49,500 SF warehouse space for lease in Kansas City.
      7410 Stadium Dr, Kansas City, MO 64129
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    • Contact for pricing
      70,080 SF

      Kansas City Warehouse - 70,080 SF

      Class A warehouse, ideal distribution hub.
      3601 Enterprise Dr, Kansas City, MO 64129
      View Details
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    3615 Bellaire Ave
    Kansas City, MO 64129
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    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
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