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    301 M 291 Hwy Independence, MO 64056

    For Sale
    $399,000

    Updated Office Space, Huge Potential

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This exceptional 0.96-acre property at 301 N M 291 Highway in Independence, MO, presents a remarkable opportunity for a variety of businesses. Priced at $399,000, the building, formerly a restaurant, has undergone a complete transformation. The interior and exterior have been freshly painted, boasting a new roof, hot water tank, ductwork, stucco, plumbing, windows, electrical panel, and wiring. The interior features two sinks, a prep table, two restrooms, and a dedicated office area, along with emergency lighting. A significant advantage is the inclusion of an in-ground grease interceptor with a check valve. Ample parking is available thanks to a large parking lot. The property's versatility is further enhanced by the inclusion of a second, sizable parcel, opening possibilities for new construction or expansion. The seller is open to financing options, making this an even more attractive proposition. This renovated building is ready for immediate occupancy and is ideally suited for uses such as insurance offices, salons, convenience stores, or barber shops. Don't miss this chance to acquire a turn-key property with significant upside potential in a desirable location.

    Property Features for 301 M 291 Hwy

    General Information

    Property type
    Office Properties & Spaces
    Lot Size
    41,818 SF

    Building Details

    Year Built
    1982
    Property Profile Location Intelligence

    Current Use by Public Records

    Office Properties & Spaces

    Map

    City
    Independence
    County
    Jackson
    State
    Missouri
    Longitude
    -94.38173
    Latitude
    39.10988

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    FAQs

    What type of property is this?
    Office Property / Space - Updated Office Space, Huge Potential
    Where is this office property / space located?
    The property is located at 301 M 291 Hwy Independence, MO.
    What is the asking price?
    The asking price for this property is $399,000.
    (816) 877-8700
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    301 M 291 Hwy Independence, MO 64056
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    Independence, MO 64056
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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
    301 M 291 Hwy Independence, MO 64056
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