Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1331 28Th St Kansas City, MO 64108

    Sponsored
    For Sale
    $118,000

    Prime infill development opportunity, Beacon Hill.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 5,895.24 square foot lot at 1331 E 28th Street, Kansas City, MO 64108 presents a compelling infill development opportunity in the vibrant Beacon Hill neighborhood. Located in the East Kansas City Urban Renewal Area and an Opportunity Zone, this property offers significant potential for tax incentives, including a 10-year, 100% abatement of increased property taxes. Currently zoned R-2.5, allowing for 1-2 unit homes, a Special Use Permit (SUP) could enable larger developments (3-8 units). The property's strategic location near downtown Kansas City provides easy access to major transportation routes like Bruce R. Watkins Drive, and proximity to amenities such as Troost Fishing Lake Park, Hospital Hill, Crown Center, and Union Station. Beacon Hill itself is experiencing a remarkable transformation, blending historic charm with modern design, showcasing a mix of renovated and new residential and commercial projects. This presents a unique chance to capitalize on the area's revitalization and strong growth potential. The information provided is from sources deemed reliable but should be independently verified. Asking price: $118,000.

    Property Features for 1331 28Th St

    General Information

    Property type
    Multifamily properties
    Property Profile Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Suggested Use

    Realty agency Restaurant Spa & Massage Law Firm Hair Salon Dental Office 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
    -94.5985613
    Latitude
    39.0795392

    Nearby Similar for Sale

    • $2,200,000
      1.88 Acres

      Versatile Industrial Building Opportunity

      49,118 SF warehouse on just under 2 acres.
      1641 Crystal Ave, Kansas City, MO 64126
      View Details
    • $2,700,000
      0.33 Acres

      Unique Triplex with City Views

      Rare triplex in the Westside neighborhood with panoramic city views.
      1601-1609 Jefferson St, Kansas City, MO 64108
      View Details
    • $4,500,000
      0.20 Acres

      Crossroads Arts District Mixed-Use Building

      Unique mixed-use building in the heart of the Crossroads Arts District.
      1515 Walnut St, Kansas City, MO 64108
      View Details
    • $4,500,000
      0.20 Acres

      Crossroads Mixed-Use Building with Penthouse

      Unique mixed-use building in the Crossroads Arts District.
      1515 Walnut St, Kansas City, MO 64108
      View Details
    • $499,900
      0.10 Acres

      New Condominiums with Tax Abatement

      New condominiums near Plaza, UMKC, and Westport with tax abatement.
      4527 Forest Ave, Kansas City, MO 64110
      View Details
    • $499,900
      0.10 Acres

      New Condominiums with Tax Abatement

      New condominiums near Plaza, UMKC, and Westport with tax abatement.
      4521 Forest Ave, Kansas City, MO 64110
      View Details
    • $600,000
      0.16 Acres

      Kansas City Triplex For Sale

      Income-producing triplex in a desirable Kansas City location.
      3951 Warwick St, Kansas City, MO 64123
      View Details
    • $1,800,000
      0.75 Acres

      Renovated Retail Space with 3AM License

      Turn-key retail opportunity with potential for sports bar.
      4545 N Brighton Ave, Kansas City, MO 64117
      View Details
    • $1,500,000
      0.50 Acres

      Historic Kansas City Gem

      Iconic 8,496 sq ft historic church building in Union Hill.
      3027 Walnut St, Kansas City, MO 64108
      View Details
    • $499,900
      0.10 Acres

      New Condominiums with Tax Abatement

      New condominiums near Plaza, UMKC, and Westport with tax abatement.
      4523 Forest Ave, Kansas City, MO 64110
      View Details
    • $499,999
      0.22 Acres

      Versatile Industrial Property Near I-70

      Industrial property with multiple shops, offices, and recent upgrades.
      3812 Bennington Ave, Kansas City, MO 64129
      View Details
    • $285,000
      0.22 Acres

      Garden Place Duplex Investment Property

      Fully rented duplex in Garden Place, Kansas City near Waldo.
      800 E 75Th Ter, Kansas City, MO 64131
      View Details

    FAQs

    What type of property is this?
    Multifamily property - Prime infill development opportunity, Beacon Hill.
    Where is this multifamily property located?
    The property is located at 1331 28Th St Kansas City, MO.
    What is the asking price?
    The asking price for this property is $118,000.
    Request Owner's contact information
    1331 28Th St Kansas City, MO 64108
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1331 28Th St
    Kansas City, MO 64108
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    1331 28Th St Kansas City, MO 64108
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.