14600 210 Hwy Independence, MO 64058
- Refrigerated & Cold Storages
- 35,350 SF
- 5.86 lot acres
Current Use by Public Records
- Refrigerated & Cold Storages
Property Details for 14600 210 Hwy
- Year built
- 2005
- Lot size
- 5.86 lot acres
- Property size
- 35,350 SF
- Property type
- Refrigerated & Cold Storages
- Property subtype
- Office Properties & Spaces
Description
This exceptional 35,350 square foot mixed-use property in Independence, Missouri, presents a compelling investment opportunity. Located at 14600 E 210 Hwy, this 2005-built facility, renovated in 2022, sits on a 5.86-acre lot (APN: 11-300-01-06-00-0-00-000) and boasts a strong net operating income (NOI) of $228,115, yielding an 8.90% cap rate. The asking price is $2,750,000 ($72.14/sq ft). The property comprises self-storage units, a three-bay industrial building, three single-bay garages, tenant parking, and office space, along with a second-floor apartment. Currently 100% occupied, the property offers significant upside potential through rent increases and expansion of paid parking and additional buildings. Its location within an Opportunity Zone provides attractive capital gains benefits. The property's strategic location near retail and residential areas, combined with the planned installation of a cell tower, promises further NOI growth. The property benefits from excellent ingress and egress from Highway 210, with no future development allowed to impede access. Seller financing is available up to $1 million. This is a rare opportunity to acquire a high-performing, mixed-use asset with substantial growth potential in a thriving market.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Independence
- County
- Jackson
- State
- Missouri
- Longitude
- -94.4024
- Latitude
- 39.182
