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    8542 State Ave Kansas City, KS 66112

    For Sale
    $530,000

    1.39 Acres, $530,000, High Growth Area

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 1.39-acre commercial lot presents a remarkable development opportunity in Kansas City, Kansas. Located at 8542 State Avenue, this property boasts prime visibility with direct frontage on State Avenue. Its strategic location offers easy access to Interstate 435, ensuring convenient connectivity for businesses and residents alike. The area is experiencing significant growth, with nearby attractions including new athletic fields, upcoming resorts and hotels, and the Quilt Museum. This lot is zoned commercial, providing flexibility for a wide range of development projects. The asking price is $530,000. Situated in Wyandotte County, Kansas, with a zip code of 66112, this property is ideally positioned to capitalize on the burgeoning commercial activity in this dynamic area. The coordinates are 39.116883 latitude and -94.778602 longitude. This is a rare chance to acquire a substantial parcel of land in a high-growth corridor, making it an attractive investment for developers and businesses seeking a strategic location in Kansas City. The property's proximity to major transportation routes and exciting new developments makes it an exceptional opportunity for long-term growth and return on investment. Don't miss this chance to secure a piece of Kansas City's vibrant future.

    Property Features for 8542 State Ave

    General Information

    Property type
    Land
    Lot Size
    60,548 SF

    HighLights

    • 1.39‑acre commercial lot in Kansas City, KS, asking $530,000.
    • Prime visibility with State Avenue frontage and easy I‑435 access.
    • Located in a high‑growth area with nearby amenities (athletic fields, hotels, Quilt Museum).
    • Commercial zoning allows for diverse development options.
    • Situated in Wyandotte County, KS (66112).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Kansas City
    County
    Wyandotte
    State
    Kansas
    Longitude
    -94.778602
    Latitude
    39.116883

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    FAQs

    What type of property is this?
    Land - 1.39 Acres, $530,000, High Growth Area
    Where is this land located?
    The property is located at 8542 State Ave Kansas City, KS.
    What is the asking price?
    The asking price for this property is $530,000.
    What are key features of this property?
    This property features: 1.39-acre commercial lot in Kansas City, KS, asking $530,000.; Prime visibility with State Avenue frontage and easy I-435 access.; Located in a high-growth area with nearby amenities (athletic fields, hotels, Quilt Museum).
    Request Owner's contact information
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    Kansas City, KS 66112
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8542 State Ave Kansas City, KS 66112
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