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    625 Willis Ave Independence, MO 64052

    Sponsored
    For Sale
    $1,350,000

    Multi-tenant warehouse, great investment.

    Property size:
    95,681 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional investment opportunity presents a multi-tenant industrial property ideally situated in Independence, Missouri. The property, located at 625 S Willis Ave, encompasses a substantial 95,681 square feet across seven buildings on a 2-acre lot. The asking price is $1,350,000, translating to $14.11 per square foot. Built between 1907 and 1915, the property features a mix of brick, steel, and concrete construction, and boasts a Class B rating. The warehouse space is zoned for warehouse use and includes multiple drive-in doors (12' and 14'). Ceiling heights vary from 8' to 22'8". The property offers ample private, fenced parking and extensive lot storage. The sale includes an established sand and gravel contracting business valued at approximately $250,000, along with furniture, fixtures, and equipment (FF&E) totaling approximately $200,000, and all material inventory. The lease type is gross, with multiple tenants currently generating income. This is a rare chance to acquire a well-established, income-producing industrial property with significant potential for future growth. The property's location in Jackson County, Missouri, zip code 64052, provides easy access to major transportation routes. This is a turnkey operation with existing tenants and a profitable business already in place.

    Property Features for 625 Willis Ave

    General Information

    Property type
    Flex space
    Square Feet
    95,681 SF
    Class
    B
    Lot Size
    87,120 SF

    Building Details

    Year Built
    1907
    Buildings
    7
    Stories
    1

    HighLights

    • 95,681 SF total building area on a 2‑acre lot.
    • $1,350,000 asking price.
    • Existing tenants generating income.
    • Includes established business, FF&E, and inventory; business valued at ~$250,000, FF&E at ~$200,000.
    • Gross lease, per‑space rate.
    • Built 1907‑1915.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quality Sand & Material Sand & Gravel Supplier

    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
    Independence
    County
    Jackson
    State
    Missouri
    Longitude
    -94.429424238404
    Latitude
    39.086044684719

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    FAQs

    What type of property is this?
    Flex space - Multi-tenant warehouse, great investment.
    Where is this flex space located?
    The property is located at 625 Willis Ave Independence, MO.
    What is the asking price?
    The asking price for this property is $1,350,000.
    What are key features of this property?
    This property features: 95,681 SF total building area on a 2-acre lot.; $1,350,000 asking price.; Existing tenants generating income.
    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
    625 Willis Ave Independence, MO 64052
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