Entitled Multifamily Development
For Sale
$1,120,000
1409 Northeast Russell Rd., Kansas City, MO 64116
Plans are submitted for triplex and fourplex layouts, with survey, topography, and geothermal work already completed.
Property Size323,650 SF
Lot Size7.43 Acres
Price / SF$3.46
Days on Market771
Property Features for 1409 Northeast Russell Rd.
General Information
Standard status
Active
Size
323,650 SF
Lot size
7.43 Acres
Property subtype
Land / Unimproved Land
Zoning
R6/B4
Additional Details
Highway Access
Yes
Multifamily Units
56
Taxes and HOA fees
Annual Taxes
$4,000
Amenities
Cable - Available, Fiber - Available, High Speed Internet - Available
No Improvements
Funding
City Street, Highway
Public Maintenance, Unimproved
Other, Play Area
Listing Agency:
Platinum Realty LLC
(816) 405-7323
Listed By:
Dina Blackmore · License #SP00236371
(816) 405-7323
Source:
Compass
Added: Jul 2, 2024
Changed: Aug 8
Last Checked: Mar 25 at 3:59PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Platinum Realty LLC
Investment Insights
Based on property information with market context.
This development land offering includes plans submitted to the city and an engineer ready for triplex and fourplex configurations. The project concept includes layout and road/driveways, along with site amenities such as a community garden, dog park, and playground. Survey, topography, and geothermal work have already been completed, and entitlement is expected to be processed through the city and commission.
The package is described as 56 multifamily units being sold together with an additional property at 3828 Wayne, for an approximate total of 7.43 acres in the city, with the site located right off I29 & I35.
A large green space lot owned by the city, described as including a stream, is also mentioned as part of the surrounding context. The owner indicates financing or a lease option may be available to help get the project started.
The package is described as 56 multifamily units being sold together with an additional property at 3828 Wayne, for an approximate total of 7.43 acres in the city, with the site located right off I29 & I35.
A large green space lot owned by the city, described as including a stream, is also mentioned as part of the surrounding context. The owner indicates financing or a lease option may be available to help get the project started.
Key Highlights
- Plans submitted to the city for triplex and fourplex layouts
- Survey, topography, and geothermal work already completed
- Entitlement process in progress with city and commission expected soon
Property Analytics
Property Profile
Current Use
Lease Details
56
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
219
Businesses Nearby
Explore this area
Business Placement
Demographics for 64116, MO
17,670
Population
9,691
Households
1.8
Avg Household Size
38
Median Age
41%
College-Educated
94%
High-School Grad
10.8 sq mi
ZIP Area
1,636
Density / Sq Mi
$63,352
Median Household Income
$42,653
Median Earnings
$1,252
Median Rent
$226,600
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Plans are submitted for triplex and fourplex layouts, with survey, topography, and geothermal work already completed.
Where is this residential land & home lot located?
The property is located at 1409 Northeast Russell Rd. Kansas City, MO.
What is the asking price?
The asking price for this property is $1,120,000.
What are key features of this property?
This property features: Plans submitted to the city for triplex and fourplex layouts; Survey, topography, and geothermal work already completed; Entitlement process in progress with city and commission expected soon
