Property profile

300 Main St Independence, MO 64050

OFF-MARKET
Industrial properties
Property ID
US48-3304294
5,244 SF 0.46 ac lot Built 1970
Entity Owned 7-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional commercial property, located at 300 S Main St in Independence, Missouri, presents a unique opportunity for businesses seeking versatile space. The property encompasses a total of 12,748 square feet across two buildings, each two stories high, offering a flexible layout suitable for a variety of uses. The zoning is C-2, allowing for diverse commercial applications. The buildings boast a 13-foot ceiling height, providing ample vertical space. Tenants will benefit from convenient access to 25 total parking spaces and 10 drive-in bays, ideal for loading and unloading. The property sits on a 0.46-acre lot and was built in 1970. While elevators are not present, the two-story design offers efficient use of space. The property is currently entirely vacant, presenting a blank canvas for a new tenant to customize. Its location in the Independence submarket of East Jackson County, Missouri (zip code 64050), offers excellent access to transportation routes and local amenities. The property's APN is 26-230-30-01-00-0-00-000. This is a single-tenancy property, perfect for a business seeking a dedicated and expansive space. The property is classified as Retail, Office, and Industrial, offering significant flexibility for various business models.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL LOFT BUILDING
Year built 1970
Construction WOOD
Total area 5,244 SF
Lot 0.46 ac (20,038 SF)
APN 26-230-30-01
UPID US48-3304294

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • HVAC Service General Contractor
  • Condominium Complex

Location

300 Main St Independence, MO 64050-3811
Independence metro Census 11601 KANSAS CITY, MO-KS METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$825k
Comparable Approach Comparable
$748k
Blend (final) Blend
$300k

Owner & transaction history

since 2019
5 recorded transactions
2019
Price N/A
2017
Price N/A
2006
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Commercial (general) $1.1M +130.7%
Retail stores $835,000 +69.3%
Auto repair, garage $825,000 +67.5%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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