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    3509 Anderson Ave Kansas City, MO 64124

    Sponsored
    For Sale
    Contact for pricing

    Large 2.25-acre site, adaptive reuse potential.

    Property size:
    59,840 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 59,840 square foot mixed-use property presents a unique investment opportunity in Kansas City, Missouri. Located at 3509 Anderson Ave, in the 64124 zip code, this three-story building sits on a substantial 2.25-acre lot and offers incredible adaptive reuse potential. Originally constructed in 1926 with additions in 1962, the property is zoned R-2.5, allowing for a variety of development options. Its prime location provides convenient access to major transportation arteries, including Highways 71 and I-70, as well as the scenic Cliff Drive Parkway. The property's proximity to cultural attractions like the Kansas City Museum and Kessler Park, along with Kansas City University, further enhances its desirability. The building's history as the Scarritt Elementary School (closed in 2010) adds a unique character and potential for creative redevelopment. This substantial property offers a rare chance to acquire a large parcel in a desirable location with significant upside potential. Investors seeking a transformative project with strong potential for future growth will find this offering particularly compelling. The property's size and location make it ideal for a variety of uses, subject to necessary approvals and permits.

    Property Features for 3509 Anderson Ave

    General Information

    Property type
    Multifamily properties
    Square Feet
    59,840 SF
    Lot Size
    98,010 SF

    Building Details

    Stories
    3
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Kansas City
    County
    Jackson
    State
    Missouri
    Longitude
    -94.5392361
    Latitude
    39.1052447

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    FAQs

    What type of property is this?
    Multifamily property - Large 2.25-acre site, adaptive reuse potential.
    Where is this multifamily property located?
    The property is located at 3509 Anderson Ave Kansas City, MO.
    (816) 412-5858
    Request Owner's contact information
    3509 Anderson Ave Kansas City, MO 64124
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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
    3509 Anderson Ave Kansas City, MO 64124
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