5001 Independence Ave Kansas City, MO 64124
Two buildings totaling 13,918 SF on 0.38 acres.
Type:Multifamily, Office, Senior Living, Special Purpose
Property size:
13,918 SFLot size:
0.38 Acres- Added:
- Nov 7, 2024
- Days on Market:
- 525
- Last Refresh:
- Mar 17 at 1:13 pm
Property Features for 5001 Independence Ave
General Information
- Standard status
- Active
- Size
- 13,918 SF
- Lot size
- 0.38 Acres
- Property subtype
- Multifamily, Office, Senior Living, Special Purpose
Building Details
- Year Built
- 1981
Listing agent Ben Hassine License #2021003276
Listing office KW Commercial Prairie Village
Listing date Nov 7, 2024
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 KW Commercial Prairie Village
Overview
Versatile Kansas City Investment Opportunity
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.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Gathering Table inside ...
Church
Children's Memorial Lutheran ...
Food Bank
Location Insight
- Map
- Local Demand
- City
- Kansas City
- County
- Platte
- State
- Missouri
- Longitude
- -94.5231455
- Latitude
- 39.1050633
Nearby Similar for Sale
FAQs
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 $349,000.
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.
