Property profile

11600 Congress Ave Kansas City, MO 64153

OFF-MARKET
Land
1,655,280 SF 18.5 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Total area 1,655,280 SF
Lot 18.5 ac (805,860 SF)

Cap rate & NOI

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

Location

11600 Congress Ave Kansas City, MO 64153
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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