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    2400 39Th St Kansas City, MO 64109

    Sponsored
    For Sale
    $181,841

    Nine lots, prime location, high potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity encompasses nine city lots totaling 37,671 square feet, strategically located in Kansas City, Missouri, just off Highway 71 and 39th Street. The property, also known as 3847 Olive Street, presents a unique blend of commercial and residential zoning. Four lots are zoned B3-2 (commercial), offering diverse development possibilities, while five lots are zoned R-2.5 (single-family residential), ideal for building single-family homes. All lots are level and easily accessible from the street. Per KCMO GIS, each residential lot is at least 4000 square feet and suitable for single-family construction. This presents a flexible investment opportunity

    Property Features for 2400 39Th St

    General Information

    Property type
    Multifamily properties

    HighLights

    • Nine city lots totaling 37,671 square feet in Kansas City, MO.
    • Located near Highway 71 and 39th Street.
    • Mixed commercial (B3‑2) and residential (R‑2.5) zoning.
    • Four commercial lots, five residential lots.
    • Level lots, easily accessible.
    • Residential lots are at least 4,000 square feet each, suitable for single‑family homes.
    Property Profile Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Kansas City
    County
    Jackson
    State
    Missouri
    Longitude
    -94.5554789
    Latitude
    39.0556698

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    FAQs

    What type of property is this?
    Multifamily property - Nine lots, prime location, high potential.
    Where is this multifamily property located?
    The property is located at 2400 39Th St Kansas City, MO.
    What is the asking price?
    The asking price for this property is $181,841.
    What are key features of this property?
    This property features: Nine city lots totaling 37,671 square feet in Kansas City, MO.; Located near Highway 71 and 39th Street.; Mixed commercial (B3-2) and residential (R-2.5) zoning.
    Request Owner's contact information
    2400 39Th St Kansas City, MO 64109
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    Kansas City, MO 64109
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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
    2400 39Th St Kansas City, MO 64109
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