Urban Infill Development
3006 Cherry Street, Kansas City, MO 64108
Prime land parcel in Kansas City's evolving core.
Type:Industrial
Lot size:
0.28 Acres- Added:
- Jan 29, 2026
- Days on Market:
- 104
- Last Refresh:
- Mar 17 at 1:14 pm
Property Features for 3006 Cherry Street
General Information
- Standard status
- Active
- Lot size
- 0.28 Acres
- Property subtype
- Industrial
Listing agent Andrea Wardell License #2008131950
Listing office Wardell & Holmes Real Estate
Listing date Jan 29, 2026
Source Crexi
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
HighLights
- Opportunity Zone eligibility offers potential for significant capital gains deferral and reduction (buyer to confirm).
- M1‑5 zoning provides exceptional flexibility for commercial, mixed‑use, and creative industrial development.
- Potential for local tax abatement through Kansas City incentive programs.
- Prime central urban location with strong access and visibility.
- Flat, utility‑served lot simplifies development.
- Immediate proximity to Downtown, Crossroads, Crown Center, and major highway corridors enhances accessibility.
Overview
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.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Commercial land
Location Insight
- Map
- Local Demand
- City
- Kansas City
- County
- Platte
- State
- Missouri
- Longitude
- -94.577969
- Latitude
- 39.0723582
Nearby Similar for Sale
FAQs
What type of property is this?
Commercial land - Prime land parcel in Kansas City's evolving core.
Where is this commercial land located?
The property is located at 3006 Cherry Street Kansas City, MO.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Opportunity Zone eligibility offers potential for significant capital gains deferral and reduction (buyer to confirm).; M1‑5 zoning provides exceptional flexibility for commercial, mixed‑use, and creative industrial development.; Potential for local tax abatement through Kansas City incentive programs.
