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Development Project on 7.43 Acres

1409 NE Russell Road, Kansas City, MO 64116

For Sale
Contact for pricing

7.43 acres of multifamily, residential, and commercial development land.

Property SizeContact for details
Lot Size7.43 Acres
Days on Market1601

Property Features for 1409 NE Russell Road

General Information

Standard status Active
Lot size 7.43 Acres
Property subtype Land, Multifamily
Zoning R6/B4

Site & Location

Neighborhood River View
Listing Agency: Platinum Realty LLC
Listed By: Dina Blackmore · License MO SP00236371
Source: Crexi
Added: Jun 23, 2022 Changed: Oct 25 Last Checked: Oct 28 at 12:28PM

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

Rey
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Investment Insights

Based on property information with market context.

This offering presents a development opportunity consisting of multifamily, residential, and commercial lots, sold as a package deal totaling approximately 7.43 acres. Engineer-ready plans are available for fourplexes and triplexes, including layouts, road/driveways, a community garden, a dog park, and a playground. The property is undergoing the Entitlement process with the city. Survey and topography work has been completed. The location provides convenient access to I29 and I35, making it suitable for multifamily development and potential VRBO/Airbnb use. Adjacent to the property is a large city-owned green space with a stream. The adjacent lot at 3828 Wayne is included in the sale, bringing the total acreage to 7.62 acres. Owner financing or a lease option may be available to facilitate project commencement. The property is located in Kansas City, MO.

Key Highlights

  • Package deal of multifamily, residential, and commercial lots totaling approximately 7.43 acres.
  • Engineer‑ready with plans for fourplexes and triplexes including layout, road/driveways, community garden, dog park, and playground.
  • Fantastic location right off I29 & I35, suitable for multifamily development or VRBO/Airbnb.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office Restaurant Law Firm Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

170
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - 7.43 acres of multifamily, residential, and commercial development land.
Where is this residential land & home lot located?
The property is located at 1409 NE Russell Road Kansas City, MO.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Package deal of multifamily, residential, and commercial lots totaling approximately 7.43 acres.; Engineer‑ready with plans for fourplexes and triplexes including layout, road/driveways, community garden, dog park, and playground.; Fantastic location right off I29 & I35, suitable for multifamily development or VRBO/Airbnb.
(816) 405-7323 Call to check price and availability
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