11600 Congress Ave Kansas City, MO 64153
- Land
- 1,655,280 SF
- 18.50 lot acres
Current Use by Public Records
- Land
Property Details for 11600 Congress Ave
- Lot size
- 18.50 lot acres
- Property size
- 1,655,280 SF
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional ±38-acre industrial land offering in Kansas City, Missouri, presents a compelling investment opportunity. Comprising two parcels (approximately 18.5 and 19.5 acres), this property boasts a prime location with exceptional proximity to I-29, I-435, and Kansas City International Airport, ensuring seamless logistics and accessibility. The site is zoned M 2-3, with rezoning complete and development plan approval already in place for a two-building plan. Utilities (sewer and water) are stubbed to the lot line, and a primary road connecting N. Congress Ave to the lots has been completed by the seller. Further enhancing the value proposition, a full road and bridge will be provided at the seller's expense post-closing. The property features 1,655,280 square feet of potential development space, with a land value of $4.50 per square foot. Detailed, third-party diligence reports are available for review. An attractive tax abatement structure is also in place, making this a highly advantageous investment. This well-established industrial submarket is characterized by national credit tenancy and institutional ownership, providing a stable and promising investment environment. The asking price for this significant industrial land opportunity is $2,896,740.
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
- Kansas City
- County
- Platte
- State
- Missouri
- Longitude
- -94.6679
- Latitude
- 39.2966
