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    7400 Riverview Ave Kansas City, KS 66112

    For Sale
    $658,322

    21.59 Acres, I-70 Logistics Corridor

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 21.59-acre commercial land parcel is strategically located in Kansas City, Kansas, at 7400-7520 Riverview Ave, zip code 66112, within Wyandotte County. Zoned R-1, this property enjoys a prime position in the burgeoning I-70 Logistics Corridor, boasting exceptional visibility and high traffic counts of 64,800 vehicles per day on I-70. Its proximity to major logistics hubs, including Amazon and Turner Logistics, presents significant development opportunities. The site's versatility allows for a range of uses, including multi-family housing, senior housing, highway service lodging, office space, and small flex/logistics facilities. Given its location near the Kansas Speedway and other amenities within a 5-mile radius, this property offers a compelling investment opportunity with substantial potential for growth and return. The asking price is $658,322. This is a rare chance to acquire a large tract of land in a high-demand area with excellent access to major transportation arteries.

    Property Features for 7400 Riverview Ave

    General Information

    Property type
    Land
    Lot Size
    940,460 SF

    HighLights

    • High visibility at I‑70 and Riverview Avenue.
    • Suitable for multi‑family, senior housing, highway lodging, or office development.
    • Located within 5 miles of Kansas Speedway and other amenities.
    • High traffic counts: 64,800 vehicles per day on I‑70.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness Pharmacy Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Kansas City
    County
    Wyandotte
    State
    Kansas
    Longitude
    -94.752939
    Latitude
    39.103501

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    FAQs

    What type of property is this?
    Land - 21.59 Acres, I-70 Logistics Corridor
    Where is this land located?
    The property is located at 7400 Riverview Ave Kansas City, KS.
    What is the asking price?
    The asking price for this property is $658,322.
    What are key features of this property?
    This property features: High visibility at I-70 and Riverview Avenue.; Suitable for multi-family, senior housing, highway lodging, or office development.; Located within 5 miles of Kansas Speedway and other amenities.
    (816) 560-4450
    Request Owner's contact information
    7400 Riverview Ave Kansas City, KS 66112
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    Kansas City, KS 66112
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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
    7400 Riverview Ave Kansas City, KS 66112
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