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    5518-5520 E Truman Rd Kansas City, MO 64127

    For Sale
    $365,000

    Business - Kansas City, MO

    Type:Business
    Lot size:
    0.07 Acres
    Days on Market:
    11
    Last Refresh:
    Dec 13 at 11:06 pm

    Property Features for 5518-5520 E Truman Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Standard status
    Active
    Zoning
    MIXED
    APN
    28-240-04-38-00-0-00-000
    Interior features
    Storage, In-law Floorplan, Private Restroom
    Exterior features
    Building Sign, Display Window
    Lot size
    0.07 Acres

    Building Details

    Year built
    1920
    Floors in Building
    2
    Architectural style
    Other

    Kansas City Real Estate, Inc (816) 246-7700 [email protected]

    Listing agent Jennifer Dove (816) 246-7700 License #2005036584

    Listing date Dec 4, 2025

    MLS# 2589496 Listing URL

    Copyright © 2025 Heartland Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Investment Opportunity

    This mixed-use commercial property, located on East Truman Road in Kansas City, Missouri, presents an investment opportunity with cash flow and potential upside. The corner property benefits from high visibility and convenience, situated across from a Dollar General on a high-traffic main road. The building features two commercial storefronts on the ground level and four residential apartments above, offering a diversified income stream suitable for both commercial real estate and multifamily investors. Three of the four residential units have been renovated within the last three years. All residential units are occupied by long-term tenants who are current on rent. One of the two commercial spaces is leased and performing, while the other is vacant, presenting an opportunity for a new business or additional rental income. A full basement provides storage or workspace. The property includes a rear common multi-use area suitable for outdoor seating, tenant use, small events, or future improvements. This property is suited for an owner-operator, 1031 exchange buyer, or investor looking to expand their portfolio with a mixed-use asset. The lot size is 0.0723 acres.
    Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Kansas City
    County
    Platte
    State
    Missouri
    Longitude
    -94.517201
    Latitude
    39.094297

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property with retail and residential units in Kansas City.
    Where is this mixed-use property located?
    The property is located at 5518-5520 E Truman Rd Kansas City, MO.
    What is the asking price?
    The asking price for this property is $365,000.
    What are key features of this property?
    This property features: - Mixed-use property with both commercial and residential units providing diversified income.; - High-visibility corner location on a high-traffic road, across from a Dollar General.; - Strong cash flow with fully occupied residential units and one leased commercial space.
    (816) 246-7700
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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
    5518-5520 E Truman Rd Kansas City, MO 64127
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