Technical
Financial
Distress signals
Property profile

1305 Us 24 Hwy Independence, MO 64050

OFF-MARKET
Specialty properties
Built 1964
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Property summary

AI-generated overview

This exceptional commercial opportunity in Independence, Missouri, presents a unique investment package encompassing a C-2 zoned garage and a single-story house situated on a substantial 10,464 square foot lot (approximately 1 1/3 acres). The property, located at 1305 & 1307 E US 24 Highway, boasts a convenient address with high visibility along the busy US Highway 24. Built in 1964, the property offers significant potential for redevelopment or continued use in its current configuration. The asking price for this combined property is $350,000. Detailed information regarding the garage and house is available through supplemental MLS materials. This is an excellent chance to acquire a sizeable parcel in a prime commercial location within Jackson County, Missouri, offering a versatile range of potential uses given its C-2 zoning. The property's size and highway frontage make it an attractive proposition for various commercial ventures. Further details are available upon request. The zip code is 64050.

Property profile

Verified
Property type Specialty properties
Year built 1964

Cap rate & NOI

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

Location

1305 Us 24 Hwy Independence, MO 64050
Independence 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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