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    508 Wallace Ave Kansas City, MO 64125

    For Sale
    Contact for pricing

    Unimproved Land - Kansas City, MO

    Type:Unimproved Land
    Lot size:
    0.16 Acres
    Days on Market:
    159
    Last Refresh:
    Dec 6 at 5:06 pm

    Property Features for 508 Wallace Ave

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    Zoning
    SFR
    APN
    14-940-27-24-00-0-00-000
    Exterior features
    Fencing
    Fencing
    Fenced
    Lot size
    0.16 Acres

    Building Details

    Architectural style
    Other

    RE/MAX Realty Suburban, Inc. (913) 485-1055 [email protected]

    Listing agent David Gundersen (913) 492-0200 License #BR00220244

    Listing date Jul 1, 2025

    MLS# 2526965 Listing URL

    Copyright © 2025 Heartland Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Residential Land in Kansas City

    This is an opportunity to develop an unimproved 0.1614-acre lot in East Kansas City. The property, located in Kansas City, Missouri, within Jackson County, is zoned for single-family residential use (SFR). The lot, with over 7,000 square feet, previously accommodated a single-family residence, and benefits from an existing long driveway and installed utilities. Bring your own builder to develop this lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Restaurant Spa & Massage Nail Salon Clothing Store Building Supply Gym & Fitness Accounting Firm Wholesale Shop Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Kansas City
    County
    Platte
    State
    Missouri
    Longitude
    -94.48354567
    Latitude
    39.10525669

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    FAQs

    What type of property is this?
    Land - Unimproved land with existing utilities in East Kansas City.
    Where is this land located?
    The property is located at 508 Wallace Ave Kansas City, MO.
    What is the asking price?
    The asking price for this property is $10,000.
    What are key features of this property?
    This property features: - Large 7,000+ square foot lot offers ample space for building.; - Utilities already installed, saving time and money on development.; - Long driveway already in place, providing immediate access.
    (913) 492-0200
    Request Owner's contact information
    508 Wallace Ave Kansas City, MO 64125
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    Kansas City, MO 64125
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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
    508 Wallace Ave Kansas City, MO 64125
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