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Commercial Development Corner Lot
For Sale
$800,000

20602 E Truman N Road, Independence, MO 64056

Corner parcel suitable for commercial development, with potential for multifamily use on part of the property.

Property SizeContact for details
Days on Market487

Property Features for 20602 E Truman N Road

General Information

Standard status Active
Property subtype Lots/Land

Taxes and HOA fees

Annual Taxes $19
Listing Agency: Rival Real Estate
Listed By: Daniel Hostert · License #2019011651
Source: Exitrealty
Added: Apr 21, 2025 Changed: Aug 14 Last Checked: May 29 at 10:59AM

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 Rival Real Estate

Investment Insights

Based on property information with market context.

This offering is an excellent corner parcel of land for future commercial development. Public remarks indicate that part of the property could also be utilized for a multifamily development, depending on project design and approvals.

The Independence area is described as experiencing significant growth, with new subdivisions being built to the northeast, east, and north. Industrial development is also noted a short distance away on Little Blue Parkway.

The property’s stated development flexibility and corner positioning make it a practical fit for buyers looking for a land site with potential for more than one type of project.

Key Highlights

  • Corner parcel suitable for commercial development
  • Part of the property may also be utilized for multifamily development
  • Industrial development is occurring a short distance away on Little Blue Parkway

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Restaurant Building Supply Auto Repair Shop Big Box & Wholesale Store Electrical Service HVAC Service

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

55
Businesses Nearby

Demographics for 64056, MO

17,373
Population
6,451
Households
2.7
Avg Household Size
34
Median Age
20%
College-Educated
90%
High-School Grad
19.7 sq mi
ZIP Area
882
Density / Sq Mi
$68,696
Median Household Income
$36,529
Median Earnings
$1,290
Median Rent
$176,400
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Corner parcel suitable for commercial development, with potential for multifamily use on part of the property.
Where is this commercial land located?
The property is located at 20602 E Truman N Road Independence, MO.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Corner parcel suitable for commercial development; Part of the property may also be utilized for multifamily development; Industrial development is occurring a short distance away on Little Blue Parkway
More about this property
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