Development Project on 7.43
For Sale
Contact for pricing
1409 NE Russell Road, Kansas City, MO 64116
7.43 acres of multifamily, residential, and commercial development land.
Property SizeContact for details
Lot Size7.43 Acres
Days on Market1511
Property Features for 1409 NE Russell Road
General Information
Standard status
Active
Lot size
7.43 Acres
Property subtype
Land, Multifamily
Zoning
R6/B4
Listing Agency:
Platinum Realty LLC
(816) 405-7323
Listed By:
Dina Blackmore · License #SP00236371
Source:
Crexi
Added: Jun 23, 2022
Changed: Aug 8
Last Checked: Aug 8 at 11:46AM
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 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
Property Profile
Current Use
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
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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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.
