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    2304 Wabash Ave Kansas City, MO 64127

    For Sale
    Contact for pricing

    Prime Residential Lot, Kansas City

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 3,049 square foot residential lot is located at 2304 Wabash Avenue in Kansas City, Missouri, zip code 64127. Offered at $20,000, this property presents a unique opportunity for residential development. The lot is situated in a rapidly developing area, benefiting from over $100 million in recent and planned infrastructure improvements. Convenience is a key feature, with less than a 10-minute commute to downtown Kansas City, the Plaza, Westport, and the Crossroads Arts District. For everyday needs, a new brewery, police station, fire station, bank, major grocery store, and a large shopping center are all within a 3-minute drive. Furthermore, the property is just three blocks from the brand-new Monarch Manor subdivision, indicating a thriving and desirable neighborhood. This location offers a blend of urban convenience and suburban tranquility, making it an ideal site for a new residential construction project. The property's size and location make it a highly attractive investment opportunity in a rapidly growing area of Kansas City. Jackson County provides a stable and supportive environment for development.

    Property Features for 2304 Wabash Ave

    General Information

    Property type
    Land

    HighLights

    • 3,049 SF residential lot in Kansas City, MO (64127).
    • Offered at $20,000.
    • Located in a rapidly developing area with over $100 million in recent/planned infrastructure improvements.
    • Less than 10‑minute commute to downtown KC, Plaza, Westport, and Crossroads Arts District.
    • Nearby amenities include a brewery, police/fire stations, bank, grocery store, and shopping center.
    • Three blocks from the new Monarch Manor subdivision.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Kansas City
    County
    Jackson
    State
    Missouri
    Longitude
    -94.553613
    Latitude
    39.084076

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    FAQs

    What type of property is this?
    Land - Prime Residential Lot, Kansas City
    Where is this land located?
    The property is located at 2304 Wabash Ave Kansas City, MO.
    What is the asking price?
    The asking price for this property is $20,000.
    What are key features of this property?
    This property features: 3,049 SF residential lot in Kansas City, MO (64127).; Offered at $20,000.; Located in a rapidly developing area with over $100 million in recent/planned infrastructure improvements.
    Request Owner's contact information
    2304 Wabash Ave Kansas City, MO 64127
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    Kansas City, MO 64127
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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
    2304 Wabash Ave Kansas City, MO 64127
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