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    16131 23Rd St Independence, MO 64055

    For Sale
    $700,000

    9 Acres, High Traffic, Near Aldi

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 9-acre commercial land parcel is ideally situated on East 23rd Street in Independence, Missouri, directly adjacent to an Aldi grocery store. The high-traffic location is surrounded by thriving businesses, ensuring excellent visibility and accessibility. The property includes a 3-bedroom, 1-bathroom farmhouse built in 1938, currently occupied by a tenant who will vacate upon sale. Approximately 940 square feet in the rear of the parcel is zoned R-6 residential. All necessary due diligence with the City of Independence has been completed, simplifying the acquisition process for the buyer. This land, held by the same family for a century, presents a unique opportunity for development or investment. Its strategic location and substantial size offer significant potential for a variety of commercial ventures. The property's history and current zoning provide a solid foundation for future projects. The existing farmhouse, while older, could be repurposed or removed to accommodate new construction. This is a rare chance to acquire a large, well-located commercial tract in a growing area. The zip code is 64055, and the property is located in Jackson County.

    Property Features for 16131 23Rd St

    General Information

    Property type
    Land
    Lot Size
    392,040 SF

    HighLights

    • $700,000 asking price.
    • 9‑acre commercial land parcel.
    • Located at 16131 E 23rd Street, Independence, MO 64055.
    • High‑traffic area near Aldi and other successful businesses.
    • Includes a 3/1 farmhouse (currently tenant‑occupied, vacating upon sale).
    • Zoned for commercial use, with a small portion (approx. 940 sq ft) zoned R‑6 residential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -94.3864884
    Latitude
    39.0775201

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    FAQs

    What type of property is this?
    Land - 9 Acres, High Traffic, Near Aldi
    Where is this land located?
    The property is located at 16131 23Rd St Independence, MO.
    What is the asking price?
    The asking price for this property is $700,000.
    What are key features of this property?
    This property features: $700,000 asking price.; 9-acre commercial land parcel.; Located at 16131 E 23rd Street, Independence, MO 64055.
    Request Owner's contact information
    16131 23Rd St Independence, MO 64055
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    Independence, MO 64055
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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
    16131 23Rd St Independence, MO 64055
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