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    Property profile & analytics

    520 State Rte 7th 7 Independence, MO 64056-3806

    • Outlet malls
    • 836 SF
    • 5.01 lot acres
    OFF-MARKET
    Value Estimation
    $500,000
    Last Sale
    May 10, 2022
    Location Intelligence
    Property ID
    US48-0766704
    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

    • Outlet malls

    Property Details for 520 State Rte 7th 7

    Year built
    1978
    Construction
    WOOD
    Lot size
    5.01 lot acres
    Property size
    836 SF
    Property type
    Outlet malls
    APN
    17-700-02-16
    APU
    177000216

    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
    -94.283
    Latitude
    39.1103
    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
    $27,609
    $153,024
    $142,560
    $295,584
    -
    $0.00
    $0.00
    $923,700

    Comparable in this City

    • Value Estimation
      $305,000
      6,768 SF

      16720 Us Hwy 24

      WHOLESALE OUTLET, DISCOUNT STORE • 6,768 SF
      16720 Us Hwy 24, Independence, MO 64056
      View Details
    • Value Estimation
      $530,000
      15,116 SF

      1136 Vis Ave

      WHOLESALE OUTLET, DISCOUNT STORE • 15,116 SF
      1136 Vis Ave, Independence, MO 64056-2342
      View Details
    • Value Estimation
      $445,000
      7,394 SF

      16920 Us Hwy 24th A Ste A

      SHOPPING CENTER, STRIP CENTER • 7,394 SF
      16920 Us Hwy 24th A Ste A, Independence, MO 64056-1524
      View Details
    • Value Estimation
      $550,000
      13,600 SF

      17515 Us Hwy 24

      SHOPPING CENTER, STRIP CENTER • 13,600 SF
      17515 Us Hwy 24, Independence, MO 64056-1811
      View Details
    • Value Estimation
      $500,000
      13,750 SF

      17407 Us Hwy 24th, Unit 100

      SHOPPING CENTER, STRIP CENTER • 13,750 SF
      17407 Us Hwy 24th, Independence, MO 64056-1809
      View Details
    • Value Estimation
      $380,000
      9,800 SF

      17307 Us Hwy 24

      SHOPPING CENTER, STRIP CENTER • 9,800 SF
      17307 Us Hwy 24, Independence, MO 64056
      View Details

    Similar Nearby for Sale

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      70.9 acres of agricultural land for sale.
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    Similar Nearby for Lease

    • Contact for pricing
      3,900 SF

      Retail Space in Upgraded Center

      Retail spaces available in recently upgraded shopping center.
      17911-18011 E Us Highway 24, Independence, MO 64056
      View Details
    • Contact for pricing
      24,654 SF

      Retail Space for Lease

      Retail property available for lease in Independence, Missouri.
      17403 E Us Highway 24, Independence, MO 64056
      View Details
    • Contact for pricing
      112,000 SF

      Independence Warehouse Space Available

      112,000 square foot warehouse space for rent in Independence.
      1500 W Geospace Dr, Independence, MO 64056
      View Details
    • $12 SF/Yr
      14,810 SF

      Versatile Industrial Spaces Available

      Industrial spaces for lease with flexible access and quick availability.
      17003 E Us 24 Hwy, Independence, MO 64056
      View Details
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    520 State Rte 7th 7
    Independence, MO 64056-3806
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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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