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    4301-4307 Troost Ave Kansas City, MO 64110

    Sponsored
    For Sale
    $854,000

    Prime Kansas City Warehouse, Retail, & Residential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Kansas City, Missouri property at 4301-4307 Troost Avenue presents a unique redevelopment opportunity. The 0.49-acre lot features a three-story, 1913-built building complex currently configured as a blend of retail and residential spaces. Three interconnected retail spaces (4301, 4303, and 4305) boast high ceilings and individual exterior entrances. Above the first two retail units, eight apartments are situated across two floors (four apartments per building). A full basement with 10-foot ceilings is located beneath 4301. Adding to the potential, a single-family home on the south side of the property offers flexibility – it could be renovated or removed to create additional parking. The asking price is $854,000. The seller has provided complete architectural blueprints from a local architect and is actively working with the city to secure necessary construction permits. These plans are available for review, offering a significant head start for any prospective buyer. This mixed-use property in the Troost Corridor presents a compelling investment opportunity with substantial upside potential for a savvy developer. The property's existing structure and the seller's proactive engagement with the city streamline the redevelopment process, minimizing potential delays. The combination of retail, residential, and potential parking expansion makes this a versatile and attractive proposition.

    Property Features for 4301-4307 Troost Ave

    General Information

    Property type
    Distribution properties
    Lot Size
    21,344 SF

    Building Details

    Year Built
    1913
    Stories
    3

    HighLights

    • 0.49‑acre mixed‑use property at 4301‑4307 Troost Avenue, Kansas City, MO, asking $854,000.
    • Three‑story, 1913 building with three retail spaces and eight apartments.
    • High ceilings in retail spaces, individual exterior entrances.
    • Full basement (10' ceilings) under one retail unit.
    • Includes a single‑family home, potentially for renovation or removal to add parking.
    • Complete architectural blueprints and permits in progress are available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store 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
    -94.5721517
    Latitude
    39.0486106

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    FAQs

    What type of property is this?
    Distribution property - Prime Kansas City Warehouse, Retail, & Residential
    Where is this distribution property located?
    The property is located at 4301-4307 Troost Ave Kansas City, MO.
    What is the asking price?
    The asking price for this property is $854,000.
    What are key features of this property?
    This property features: 0.49-acre mixed-use property at 4301-4307 Troost Avenue, Kansas City, MO, asking $854,000.; Three-story, 1913 building with three retail spaces and eight apartments.; High ceilings in retail spaces, individual exterior entrances.
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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
    4301-4307 Troost Ave Kansas City, MO 64110
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