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    Property profile & analytics

    406 Walnut St Independence, MO 64050

    • Amusement parks
    • 2,145 SF
    • 9.16 lot acres
    OFF-MARKET
    Value Estimation
    $355,000
    Location Intelligence
    Property ID
    US48-0777420
    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

    • Amusement parks

    Property Details for 406 Walnut St

    Year built
    1980
    Lot size
    9.16 lot acres
    Property size
    2,145 SF
    Property type
    Amusement parks
    APN
    26-340-22-02
    APU
    263402202

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Independence
    County
    Jackson
    State
    Missouri
    Longitude
    -94.4236
    Latitude
    39.0881
    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
    $4,565
    $111,232
    $3,520
    $114,752
    -
    $0.00
    $0.00
    $358,600

    Comparable in this City

    • Value Estimation by Request
      480 SF

      222 Osage St

      AMUSEMENT PARK • 480 SF
      222 Osage St, Independence, MO 64050-2821
      View Details
    • Value Estimation by Request
      2,269 SF

      301 Truman Rd

      AMUSEMENT PARK • 2,269 SF
      301 Truman Rd, Independence, MO 64050
      View Details
    • Value Estimation by Request
      1,820 SF

      112 Maple Ave

      AMUSEMENT PARK • 1,820 SF
      112 Maple Ave, Independence, MO 64050
      View Details
    • Value Estimation
      $305,000
      9,980 SF

      114 Maple Ave

      AMUSEMENT PARK • 9,980 SF
      114 Maple Ave, Independence, MO 64050-2814
      View Details
    • Value Estimation by Request
      5,600 SF

      401 Walnut St

      AMUSEMENT PARK • 5,600 SF
      401 Walnut St, Independence, MO 64050-3630
      View Details
    • Value Estimation
      $345,000
      9,033 SF

      1500 Liberty St

      AMUSEMENT PARK • 9,033 SF
      1500 Liberty St, Independence, MO 64050-1821
      View Details

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      Charming lot in Independence, MO, ideal for building a home.
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    Similar Nearby for Lease

    • Contact for pricing
      12,748 SF

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      1,300 SF

      Retail Space on S. Noland

      Retail space with private office available March 1st, 2025.
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      View Details
    • $12 SF/Yr
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      Retail Space in Major Corridor

      3,200 SF retail space in high-traffic Independence location.
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    406 Walnut St
    Independence, MO 64050
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    Realmo Value Estimation

    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.

    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.

    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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