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Versatile Kansas City Investment Opportunity
For Sale
$220,000

5001 Independence Ave, Kansas City, MO 64124

Two buildings totaling 13,918 SF on 0.38 acres.

Property Size13,918 SF
Lot Size0.38 Acres
Price / SF$15.81
Days on Market301

Property Features for 5001 Independence Ave

General Information

Standard status Active
Size 13,918 SF
Lot size 0.38 Acres
Property subtype Business Opportunity
Listing Agency: Northeast Realty Company
Listed By: Ngon Nguyen · License #2022019633
Source: Exprealty
Added: Nov 13, 2025 Changed: Sep 8 Last Checked: Sep 9 at 9:04PM

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 Northeast Realty Company

Investment Insights

Based on property information with market context.

This property, located at 5001 Independence Ave in Kansas City, MO, presents a prime investment opportunity. The property includes two buildings totaling 13,918 square feet on a 0.38-acre lot. The layout features a church space and seven office units across two stories. This versatile property is suitable for various uses, including religious organizations, office rentals, multifamily housing, and senior living facilities. Currently vacant, this property offers a projected pro-forma CAP of 14.78%. Situated in an Opportunity Zone, the property is eligible for city grants and incentives, including Community Improvement District (CID) sales tax and Tax Increment Financing (TIF) programs. The location benefits from high traffic, strong community demographics, excellent accessibility, and flexible zoning. The property has robust income potential and city-supported growth incentives.

Key Highlights

  • Priced at $32/SF, significantly below market value.
  • Projected pro‑forma CAP rate of 14.78%, indicating high‑yield potential.
  • Located in an Opportunity Zone, eligible for city grants and incentives.

Property Analytics

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Current Use

Gathering Table inside ... Church Children's Memorial Lutheran ... Food Bank

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm HVAC Service Skin Care Clinic Electrical 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

576
Businesses Nearby

Demographics for 64124, MO

12,754
Population
4,914
Households
2.6
Avg Household Size
31
Median Age
17%
College-Educated
71%
High-School Grad
1.7 sq mi
ZIP Area
7,502
Density / Sq Mi
$46,384
Median Household Income
$32,080
Median Earnings
$954
Median Rent
$109,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two buildings totaling 13,918 SF on 0.38 acres.
Where is this mixed-use property located?
The property is located at 5001 Independence Ave Kansas City, MO.
What is the asking price?
The asking price for this property is $220,000.
What are key features of this property?
This property features: Priced at $32/SF, significantly below market value.; Projected pro‑forma CAP rate of 14.78%, indicating high‑yield potential.; Located in an Opportunity Zone, eligible for city grants and incentives.
More about this property
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