6220 Indiana Ave, Kansas City, MO 64130
This exceptional 0.99-acre lot, located at 6220 Indiana Avenue in Kansas City, Missouri, presents a unique development opportunity. Zoned R-2.5 Residential, this property offers versatile usage potential. The approximately 270' x 160' lot slopes gently eastward and boasts utilities readily available on-site. Situated within the Swope Area Plan, it's ideally suited for low-density residential development. Permitted uses under the R-2.5 zoning include household living, family daycare (up to 10 children), and community gardens. Other uses, such as nursing homes, larger daycare facilities (up to 20 children), religious assemblies, schools, and agricultural endeavors, may be permissible with a special use permit. This prime location in the Town Fork Creek neighborhood offers convenient access to public transportation, the Southeast KC Public Library, Joseph G. Bryan Field, Research Medical Center, Southeast Community Center, and Swope Park. The asking price is $45,000, translating to $1.03 per square foot. The property's APN is 46320301400000000. This is an excellent investment opportunity for developers seeking a well-located, versatile parcel in a thriving Kansas City neighborhood.
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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Risks
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