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    19255 50Th Ter Independence, MO 64055

    For Sale
    $870,000

    High-traffic, divisible land; C2 zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 2.37-acre commercial land parcel in Independence, Missouri, presents a unique investment opportunity. Located at 19255 E 50th Terrace, Jackson County, zip code 64055 (39.0266919, -94.35803), this property boasts unparalleled visibility from Highway 291, ensuring high exposure for any commercial venture. The property is zoned C2 Commercial Business, allowing for a wide range of development possibilities. The seller is willing to divide the land into two tracts: a 2.37-acre tract listed at $870,000 (MLS #2416333) and a 1.96-acre tract (MLS #2416332, price available upon request). This rapidly developing area experiences high-volume traffic, and the property's location is further enhanced by its proximity to hotels, restaurants, and shopping centers within a quarter-mile radius. The lot is fully developed with utilities already in place, simplifying the development process and minimizing upfront costs. This is an ideal location for businesses seeking high visibility and convenient access to a thriving commercial corridor. Don't miss this chance to secure a prime piece of commercial real estate in a rapidly growing area.

    Property Features for 19255 50Th Ter

    General Information

    Property type
    Land
    Lot Size
    103,237 SF

    HighLights

    • $870,000 asking price for 2.37 acres of commercial land.
    • C2 Commercial Business zoning.
    • High‑traffic location with highway visibility on Highway 291.
    • Located in a rapidly growing area with nearby hotels, restaurants, and shopping.
    • Utilities are on‑site.
    • Seller will consider dividing the property into two tracts (2.37 acres and 1.96 acres).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Independence
    County
    Jackson
    State
    Missouri
    Longitude
    -94.35803
    Latitude
    39.0266919

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    FAQs

    What type of property is this?
    Land - High-traffic, divisible land; C2 zoning.
    Where is this land located?
    The property is located at 19255 50Th Ter Independence, MO.
    What is the asking price?
    The asking price for this property is $870,000.
    What are key features of this property?
    This property features: $870,000 asking price for 2.37 acres of commercial land.; C2 Commercial Business zoning.; High-traffic location with highway visibility on Highway 291.
    Request Owner's contact information
    19255 50Th Ter 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
    19255 50Th Ter Independence, MO 64055
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