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    2707 M 297 Hwy Independence, MO 64057

    Sponsored
    For Sale
    $150,000

    High-traffic C-2 zoned land, ideal for retail.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional commercial land parcel, encompassing 41,519 square feet, is strategically located at 2707 and 2801 S M 297 Highway in Independence, Jackson County, Missouri, zip code 64057. The property is zoned C-2, making it suitable for a variety of commercial uses. Priced affordably at $150,000, or $1.45 per acre, this represents a significant opportunity for investors and developers. The land boasts an existing curb cut, simplifying development plans and reducing initial infrastructure costs. Its location on a busy highway ensures high visibility and accessibility, attracting significant foot and vehicle traffic. This prime location offers excellent potential for retail businesses seeking a high-traffic area with strong visibility. The property's size and zoning provide ample flexibility for various commercial ventures. Don't miss this chance to acquire a valuable piece of commercial real estate in a thriving Missouri market.

    Property Features for 2707 M 297 Hwy

    General Information

    Property type
    Land

    HighLights

    • 41,519 SF commercial land parcel on Hwy 291 in Independence, MO.
    • C‑2 zoning allows for diverse commercial uses.
    • Existing curb cut reduces development costs.
    • High‑traffic location ensures excellent visibility.
    • Priced at $150,000 ($3.62/SF).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Independence
    County
    Jackson
    State
    Missouri
    Longitude
    -94.3462373
    Latitude
    39.0632021

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    FAQs

    What type of property is this?
    Land - High-traffic C-2 zoned land, ideal for retail.
    Where is this land located?
    The property is located at 2707 M 297 Hwy Independence, MO.
    What is the asking price?
    The asking price for this property is $150,000.
    What are key features of this property?
    This property features: 41,519 SF commercial land parcel on Hwy 291 in Independence, MO.; C-2 zoning allows for diverse commercial uses.; Existing curb cut reduces development costs.
    Request Owner's contact information
    2707 M 297 Hwy Independence, MO 64057
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    Independence, MO 64057
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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
    2707 M 297 Hwy Independence, MO 64057
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