Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    4801 NE 62Nd St Kansas City, MO 64119

    • Commercial real estate
    For Sale
    View listing
    $42,450
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US48-1529839
    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 4801 NE 62Nd St

    Property type
    Commercial real estate

    Description

    This exceptional 12,632 square foot residential lot is located in the desirable Carriage Hill Estates subdivision in Kansas City, Missouri, zip code 64119. Priced at $42,450, this property presents a fantastic opportunity to build your dream home in an established community. Carriage Hill Estates offers residents access to a neighborhood swimming pool and two tennis courts, providing ample recreational opportunities. The lot's convenient location ensures easy access to major highways and a variety of shopping options. The property is situated at 4801 NE 62nd Street, in Clay County, Missouri. Its coordinates are 39.2060762 latitude and -94.5234823 longitude. This is a rare opportunity to acquire a buildable lot in a sought-after neighborhood, offering a blend of community amenities and convenient access to essential services. Don't miss out on this chance to create your ideal living space in a thriving Kansas City community.

    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
    Clay
    State
    Missouri
    Longitude
    -94.5234823
    Latitude
    39.2060762

    Comparable in this City

    • Contact for pricing

      Kansas City Residential Land - $16,500

      Prime Residential Lot, 13,749 sq ft
      5711 Vivian Rd, Kansas City, MO 64119
      View Details
    • $59,900
      0.20 Acres

      Kansas City Residential Land - $59,900

      0.2-acre lot, Charleston Harbor, build your dream home.
      7000 Denver Ave, Kansas City, MO 64119
      View Details
    • $600,000
      9.45 Acres

      Prime KC Residential Land

      9.45 Acres, Development-Ready Lots
      0 Searcy Creek Pkwy, Kansas City, MO 64119
      View Details
    • $4,356,000
      25.00 Acres

      NWC MO Hwy 1 & Maplewoods Parkway

      25-Acre Mixed-Use Development Opportunity
      MO1 Maplewoods Pkwy, Kansas City, MO 64119
      View Details
    • $575,000
      2.40 Acres

      Brighton Ave

      Multifamily properties • 2.40 Acres
      0 Brighton Ave, Kansas City, MO 64119
      View Details
    • New
      $230,000
      Pending

      Gladstone Duplex with Lake View

      Maintenance-provided townhome with lake view and finished walkout basement.
      7044 N Askew Ave, Gladstone, MO 64119
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Kansas City Residential Land - $16,500

      Prime Residential Lot, 13,749 sq ft
      5711 Vivian Rd, Kansas City, MO 64119
      View Details
    • $59,900
      0.20 Acres

      Kansas City Residential Land - $59,900

      0.2-acre lot, Charleston Harbor, build your dream home.
      7000 Denver Ave, Kansas City, MO 64119
      View Details
    • $600,000
      9.45 Acres

      Prime KC Residential Land

      9.45 Acres, Development-Ready Lots
      0 Searcy Creek Pkwy, Kansas City, MO 64119
      View Details
    • $4,356,000
      25.00 Acres

      NWC MO Hwy 1 & Maplewoods Parkway

      25-Acre Mixed-Use Development Opportunity
      MO1 Maplewoods Pkwy, Kansas City, MO 64119
      View Details
    • $575,000
      2.40 Acres

      Brighton Ave

      Multifamily properties • 2.40 Acres
      0 Brighton Ave, Kansas City, MO 64119
      View Details
    • New
      $230,000
      Pending

      Gladstone Duplex with Lake View

      Maintenance-provided townhome with lake view and finished walkout basement.
      7044 N Askew Ave, Gladstone, MO 64119
      View Details

    Similar Nearby for Lease

    • $5 SF/Yr
      65,000 SF

      Claycomo Shopping Center Opportunity

      Prime Retail Space, Missouri
      401-475 Us Hwy 69, Claycomo, MO 64119
      View Details
    • $168 SF/Yr
      18,864 SF

      Gladstone Office Space for Lease

      Prime Gladstone location, multiple suites available
      5601 Antioch Rd, Kansas City, MO 64119
      View Details
    • Contact for pricing
      1,620 SF

      Retail Space Near Antioch Crossing

      Retail space near interstates with high traffic and stable demographics.
      5500-5536 NE Antioch Rd, Kansas City, MO 64119
      View Details
    • $1,327 /Mo
      57,499 SF

      Office Space in Gladstone, MO

      Office space for lease in Gladstone, Missouri, near Antioch Crossing.
      6317 N Antioch Ste 201 Rd, Gladstone, MO 64119
      View Details
    • $15 SF/Yr
      1,102 SF

      Retail Space in High-Traffic Area

      Retail space available in a high-traffic Kansas City location.
      5124 NE Antioch Rd, 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
    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.
    4801 NE 62Nd St
    Kansas City, MO 64119
    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.