3006 Cherry St Kansas City, MO 64108

This is an approximately 12,082 square foot parcel zoned M1-5, offering flexibility for commercial, mixed-use, and creative industrial concepts. It has potential for tax abatement and Opportunity Zone strategies. The site is located just east of Downtown and minutes from the Crossroads and Crown Center, within a corridor experiencing reinvestment, rising residential density, and expanding employment bases. This positioning creates a framework for long-term capital gains deferral, abatement-driven NOI enhancement, and exit value compression through modern infill product. The property is located in an Opportunity Zone-eligible area with potential for deferral and reduction of capital gains with long-term hold strategies. Kansas City incentive programs may reduce real estate taxes during early years, improving project feasibility and cash flow. M1-5 zoning supports adaptive reuse, light industrial, office, showroom, studio, and select residential or mixed-use applications. The property is a flat, utility-served lot with access and visibility in a central urban location with redevelopment momentum and proximity to Downtown, Crossroads, Crown Center, and major highway corridors. It is ideal for developers, owner-users, or investors seeking a tax-efficient infill strategy.