Property profile

1428 St Louis Ave Kansas City, MO 64101

OFF-MARKET
Retail properties & Spaces
36,000 SF
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Property summary

AI-generated overview

This exceptional redevelopment opportunity encompasses a substantial 36,000 square foot property ideally situated in Kansas City, Missouri's vibrant West Bottoms district, at 1428 St Louis Ave, zip code 64101. The property is zoned for a variety of uses, including creative office space, executive suites, and restaurant establishments. This presents a unique chance to capitalize on the area's explosive growth. The asking price is $2,200,000. The location benefits from over $500 million in surrounding development projects currently underway, creating a dynamic and rapidly appreciating environment. Adjacent to the property, significant new construction includes over 1,100 apartments and 40 hotel rooms, adding to the area's burgeoning residential and hospitality sectors. Furthermore, the immediate vicinity boasts an additional 138,000 square feet of retail space and 122,000 square feet of office space spread across 17 acres, indicating a strong and diverse commercial landscape. This prime location offers unparalleled potential for significant return on investment, making it an attractive proposition for discerning developers and investors seeking a foothold in a thriving Kansas City neighborhood. The property's versatility and strategic location within a rapidly expanding area make it a truly exceptional investment opportunity.

Property profile

Verified
Property type Retail properties & Spaces
Total area 36,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1428 St Louis Ave Kansas City, MO 64101
Kansas City metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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