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    20912 Us 24 Hwy Independence, MO 64056

    Sponsored
    For Sale
    $1,514,800

    Residential & Agricultural acreage in Independence, MO.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 108.2-acre property, located at 20912 E US 24 Highway in Independence, Jackson County, Missouri, presents a unique investment opportunity. Zoned for both residential and agricultural uses, this expansive land parcel offers significant potential for a variety of development projects. The asking price is $1,514,800. Situated in the 64056 zip code, the property boasts convenient access to US Highway 24, providing excellent connectivity to surrounding areas. The versatile zoning allows for exploration of diverse development options, catering to both residential and agricultural interests. Furthermore, there's an option to expand the land holdings. A contiguous 22.35-acre parcel is available for purchase, increasing the total acreage to 130.55 acres. Detailed information regarding this adjacent property can be found in supplemental materials. This substantial land area presents a rare opportunity for large-scale development or strategic land banking in a desirable Missouri location. The property's latitude and longitude coordinates are 39.1063108 and -94.3051542 respectively. Serious inquiries are encouraged to explore the full potential of this remarkable property.

    Property Features for 20912 Us 24 Hwy

    General Information

    Property type
    Farms
    Lot Size
    4,713,192 SF

    HighLights

    • 108.2‑acre property in Independence, MO (64056) for $1,514,800.
    • Zoned for residential and agricultural use.
    • Excellent access to US Highway 24.
    • Adjacent 22.35‑acre parcel available for purchase (total 130.55 acres).
    • Suitable for large‑scale development or land banking.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Independence
    County
    Jackson
    State
    Missouri
    Longitude
    -94.3051542
    Latitude
    39.1063108

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    FAQs

    What type of property is this?
    Farm - Residential & Agricultural acreage in Independence, MO.
    Where is this farm located?
    The property is located at 20912 Us 24 Hwy Independence, MO.
    What is the asking price?
    The asking price for this property is $1,514,800.
    What are key features of this property?
    This property features: 108.2-acre property in Independence, MO (64056) for $1,514,800.; Zoned for residential and agricultural use.; Excellent access to US Highway 24.
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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
    20912 Us 24 Hwy Independence, MO 64056
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