291 Sherman Rd Kansas City, MO 64156
This exceptional 32-acre commercial land parcel presents a unique investment opportunity in Kansas City, Missouri. Strategically located at the Northwest corner of MO-291 Highway and NE Sherman Road, this property boasts unparalleled accessibility due to its proximity to the I-435 and MO-291 highway interchange. The site already has approvals in place for a 250,000 square foot retail development, simplifying the development process. All utilities are readily available on-site, minimizing infrastructure costs. The location offers significant advantages, including adjacency to a QuikTrip and a new fire station, indicating a thriving and well-supported community. This high-growth area is further enhanced by its reputation for excellent schools, making it an attractive location for businesses and residents alike. The property's zoning allows for potential mixed-use development, providing flexibility for a variety of commercial ventures. The asking price for this prime commercial development land is $3,484,800. Located in Clay County, Missouri, with a zip code of 64156, this property offers an exceptional opportunity for significant return on investment. Don't miss this chance to acquire a premier commercial site in a rapidly expanding area of Kansas City.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.