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    11610 Truman Rd Independence, MO 64050

    Sponsored
    For Sale
    $850,000

    Prime Independence Warehouse, 2-Story, 2.94 Acres

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional commercial property, located at 11610 E Truman Road in Independence, Missouri, presents a unique investment opportunity. The 2-story warehouse building sits on a substantial 2.94-acre lot, providing ample space for various business ventures. Previously used as a bank, the building retains distinct architectural character, offering a blend of history and potential. The property boasts a large parking area, ensuring convenient parking for employees and clients. A fully operational elevator adds to the functionality and accessibility of the building. The property's zoning and permitted uses should be verified independently. This prime location in Jackson County, Missouri, zip code 64050, offers excellent visibility and accessibility. The asking price is $850,000. Serious inquiries only. Further details and property disclosures are available upon request. This is an exceptional opportunity to acquire a substantial commercial property with significant potential for redevelopment or repurposing. The property's size and location make it ideal for a variety of businesses seeking a prominent presence in Independence, Missouri.

    Property Features for 11610 Truman Rd

    General Information

    Property type
    Distribution properties
    Lot Size
    128,066 SF

    Building Details

    Stories
    2

    HighLights

    • 2‑story warehouse building on a 2.94‑acre lot in Independence, MO.
    • Previously a bank, offering unique architectural character.
    • Large parking area and a functional elevator.
    • Located at 11610 E Truman Road, Independence, MO 64050, with excellent visibility.
    • Asking price: $850,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Independence
    County
    Jackson
    State
    Missouri
    Longitude
    -94.4079213
    Latitude
    39.1024788

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    FAQs

    What type of property is this?
    Distribution property - Prime Independence Warehouse, 2-Story, 2.94 Acres
    Where is this distribution property located?
    The property is located at 11610 Truman Rd Independence, MO.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: 2-story warehouse building on a 2.94-acre lot in Independence, MO.; Previously a bank, offering unique architectural character.; Large parking area and a functional elevator.
    Request Owner's contact information
    11610 Truman Rd Independence, MO 64050
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    Independence, MO 64050
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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
    11610 Truman Rd Independence, MO 64050
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