Specialty Property With Owned
New
For Sale
$605,000
2939 Cherry Street, Kansas City, MO 64108
The asset has a tenant through May 2027 and an M1-5 zoning designation.
Property SizeContact for details
Days on Market6
Property Features for 2939 Cherry Street
General Information
Standard status
Active
Property subtype
Commercial
Zoning
M1-5
Additional Details
Cap Rate
6.77%
Taxes and HOA fees
Annual Taxes
$17,544
Amenities
owned solar panels
Building Details
Year Built
1986
Tenancy
Single
Listing Agency:
Wardell & Holmes Real Estate
(816) 416-7111
Listed By:
Andrea Wardell · License #2008131950
(816) 416-7111
Source:
Coloniallistings
Added: Aug 15
Changed: Aug 16
Last Checked: Aug 19 at 3:10PM
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 Wardell & Holmes Real Estate
Investment Insights
Based on property information with market context.
Located at 2939 Cherry Street in Kansas City, Missouri, this specialty property was built in 1986 and carries an M1-5 zoning designation. The asset is leased to an established tenant through May 2027, with lease documentation and T-12 financials available to qualified buyers.
Owned solar panels are installed at the property, providing an on-site energy feature. Current operations reflect an approximate 6.77% capitalization rate. The tenant also holds a First Right of Refusal, establishing a defined provision related to a future sale.
Owned solar panels are installed at the property, providing an on-site energy feature. Current operations reflect an approximate 6.77% capitalization rate. The tenant also holds a First Right of Refusal, establishing a defined provision related to a future sale.
Key Highlights
- Leased to an established tenant through May 2027
- Approximate 6.77% capitalization rate based on current financials
- Owned solar panels installed at the property
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,750
Businesses Nearby
Explore this area
Business Placement
Demographics for 64108, MO
9,839
Population
6,141
Households
1.6
Avg Household Size
35
Median Age
51%
College-Educated
90%
High-School Grad
3.7 sq mi
ZIP Area
2,659
Density / Sq Mi
$74,462
Median Household Income
$53,521
Median Earnings
$1,422
Median Rent
$286,300
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Specialty property - The asset has a tenant through May 2027 and an M1-5 zoning designation.
Where is this specialty property located?
The property is located at 2939 Cherry Street Kansas City, MO.
What is the asking price?
The asking price for this property is $605,000.
What are key features of this property?
This property features: Leased to an established tenant through May 2027; Approximate 6.77% capitalization rate based on current financials; Owned solar panels installed at the property
