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

    6061 64th St Kansas City, MO 64151-2432

    • Retail space
    • 31,065 SF
    • 15.77 lot acres
    OFF-MARKET
    Value Estimations
    $3,330,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US48-1472207
    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

    • Sprouts Farmers Market / Grocery & Convenience Store / Food Market

    Property Details for 6061 64th St

    Year built
    2006
    Lot size
    15.77 lot acres
    Property size
    31,065 SF
    Property type
    Retail space
    APN
    19-9.0-30-200-002-030-000
    APU
    199030200002030000

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $4,870,000
      6.5%
      $4,495,000
      7%
      $4,175,000

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $4,405,000
      Current use
      WAREHOUSE, STORAGE
      $4,005,000
      Change: -9% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Kansas City
    County
    Platte
    State
    Missouri
    Longitude
    -94.6507
    Latitude
    39.2095
    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
    2023
    $474,735
    $1,648,346
    $4,025,892
    $5,674,238
    -
    $5,151,080
    $12,580,913
    $17,731,993

    Comparable in this City

    • Value Estimation
      $23,785,000
      245,190 SF

      8201 Roanridge Rd

      RETAIL STORES (PERSONAL SERVICES) • 245,190 SF
      8201 Roanridge Rd, Kansas City, MO 64151-1357
      View Details
    • Value Estimation
      $890,000
      10,495 SF

      7801 Pr Vw Rd

      RETAIL STORES (PERSONAL SERVICES) • 10,495 SF
      7801 Pr Vw Rd, Platte Woods, MO 64151
      View Details
    • Value Estimation
      $1,455,000
      12,604 SF

      5860 Pr Vw Rd

      RETAIL STORES (PERSONAL SERVICES) • 12,604 SF
      5860 Pr Vw Rd, Kansas City, MO 64151-2764
      View Details
    • Value Estimation
      $5,625,000
      86,080 SF

      7100 Pr Vw Rd

      RETAIL STORES (PERSONAL SERVICES) • 86,080 SF
      7100 Pr Vw Rd, Kansas City, MO 64151-1630
      View Details
    • Value Estimation
      $665,000
      8,000 SF

      7751 Pr Vw Rd

      RETAIL STORES (PERSONAL SERVICES) • 8,000 SF
      7751 Pr Vw Rd, Platte Woods, MO 64151-1542
      View Details
    • Value Estimation
      $730,000
      10,200 SF

      6800 Tower Dr

      RETAIL STORES (PERSONAL SERVICES) • 10,200 SF
      6800 Tower Dr, Platte Woods, MO 64151-1535
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Retail Space Near I-29

      Retail space with high visibility near I-29 in Kansas City.
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      Retail/Office Strip Center Investment

      Retail/Office strip center investment opportunity in Platte Woods, Missouri.
      6600 Northwest Tower Dr, Platte Woods, MO 64151
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      0.99 Acres

      Hopewell Commercial Land, Kansas City

      Prime Commercial Lots, High Visibility, Customizable
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      28,327 SF

      Prime Retail Space, I-29 & 64th

      High-traffic retail center, 7 acres, 28,327 SF
      0 64Th St, Kansas City, MO 64151
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    • $10,356,390
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      Green Hills Rd Commercial Development

      89 Acres, Retail & Multifamily Potential
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      2.16 Acres

      Land in Parkville Area

      Acreage on outer road along I-29 in Parkville area.
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    Similar Nearby for Lease

    • Contact for pricing
      2,800 SF

      Retail Space Near I-29

      Retail space available in high-traffic Kansas City location.
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      1,480 SF

      Retail Space Near I-29

      Retail spaces for lease with great access and visibility.
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      980 SF

      Retail Space I-29 Frontage

      Retail space with excellent I-29 visibility near Zona Rosa.
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      1,510 SF

      Retail Space in Kansas City

      Retail space available for lease in Kansas City, MO.
      6220-6248 N Chatham Ave, Kansas City, MO 64151
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    • Contact for pricing
      2,200 SF

      Retail Space Near Zona Rosa

      Retail space with high visibility and aggressive lease rates.
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      View Details
    • Contact for pricing
      12,493 SF

      Retail Space in Power Center

      Retail space available in a well-located power center.
      8201-8121 NW Roanridge Rd, Kansas City, MO 64151
      View Details
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    6061 64th St
    Kansas City, MO 64151-2432
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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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