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    9721 Elm Ave Kansas City, MO 64134

    Sponsored
    For Sale
    $450,000

    Wooded land, high-growth area, development potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 27.63-acre parcel of land presents a remarkable opportunity for residential development in a prime Kansas City, Missouri location. Situated at 9721 Elm Avenue, in Jackson County, zip code 64134, this property boasts a desirable wooded setting. Its strategic location offers convenient access to both Raytown and Lee's Summit, placing it within a thriving and rapidly expanding area of the city. The proximity to the new Cerner Innovations Campus further enhances its appeal and potential for significant return on investment. The expansive acreage provides ample space for the creation of a substantial single-family home community or a multifamily housing development, catering to the growing demand for residential properties in this high-growth zone. The land's characteristics make it an ideal canvas for a visionary project, promising a lucrative venture for developers seeking to capitalize on the area's burgeoning residential market. This is a rare opportunity to acquire a large, well-located parcel of land with exceptional potential for future development. The asking price for this property is $450,000. Detailed site plans and surveys are available upon request.

    Property Features for 9721 Elm Ave

    General Information

    Property type
    Land
    Lot Size
    1,203,563 SF

    HighLights

    • $450,000 asking price.
    • 27.63‑acre residential land parcel.
    • Located in Kansas City, MO, at 9721 Elm Avenue, zip code 64134.
    • High‑growth area near Raytown and Lee's Summit, close to the Cerner Innovations Campus.
    • Suitable for single‑family or multifamily residential development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Building Supply Hair Salon Gym & Fitness Department Store Food Market Accounting Firm HVAC Service Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Kansas City
    County
    Jackson
    State
    Missouri
    Longitude
    -94.473428
    Latitude
    38.944927

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    FAQs

    What type of property is this?
    Land - Wooded land, high-growth area, development potential.
    Where is this land located?
    The property is located at 9721 Elm Ave Kansas City, MO.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: $450,000 asking price.; 27.63-acre residential land parcel.; Located in Kansas City, MO, at 9721 Elm Avenue, zip code 64134.
    Request Owner's contact information
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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
    9721 Elm Ave Kansas City, MO 64134
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