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    7418 Tracy Ave Kansas City, MO 64131

    Sponsored
    For Sale
    $60,000

    Rare 2-parcel lot, build-ready.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional opportunity presents two combined residential lots totaling 13,400 square feet, ideally situated at 7418 Tracy Avenue in Kansas City, Missouri, zip code 64131. Priced affordably at $60,000, this property offers significant potential for immediate development. The location is highly desirable, boasting convenient proximity to the vibrant Waldo and Brookside neighborhoods, while also providing easy access to major highways for seamless commuting. A key advantage is the presence of a significant new development project directly across the street. This $16 million community hub is currently under construction, promising increased neighborhood value and amenities in the near future. The combined lots provide ample space for a single-family residence or potentially a smaller multi-family development, subject to city zoning regulations. This is a rare chance to acquire a substantial buildable lot in a rapidly developing area of Kansas City. The property's size and location make it an attractive investment for both individual builders and developers seeking a prime location within a thriving community. Further details regarding the adjacent community hub development are available upon request.

    Property Features for 7418 Tracy Ave

    General Information

    Property type
    Land

    HighLights

    • Two combined residential lots totaling 13,400 square feet in Kansas City, MO.
    • $60,000 asking price.
    • Desirable location near Waldo and Brookside neighborhoods with easy highway access.
    • Adjacent to a new $16 million community hub under construction.
    • Suitable for a single‑family home or small multi‑family development (subject to zoning).
    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
    -94.5736062
    Latitude
    38.9924627

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    FAQs

    What type of property is this?
    Land - Rare 2-parcel lot, build-ready.
    Where is this land located?
    The property is located at 7418 Tracy Ave Kansas City, MO.
    What is the asking price?
    The asking price for this property is $60,000.
    What are key features of this property?
    This property features: Two combined residential lots totaling 13,400 square feet in Kansas City, MO.; $60,000 asking price.; Desirable location near Waldo and Brookside neighborhoods with easy highway access.
    Request Owner's contact information
    7418 Tracy Ave Kansas City, MO 64131
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    Kansas City, MO 64131
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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
    7418 Tracy Ave Kansas City, MO 64131
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