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    OFF-MARKET
    Land

    11600 Congress Ave, Kansas City, MO 64153

    1,655,280 SF 18.5 ac lot
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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