1409 Russell Rd Kansas City, MO 64116
- Land
- 7.43 lot acres
Current Use by Public Records
- Land
Property Details for 1409 Russell Rd
- Lot size
- 7.43 lot acres
- Property type
- Land
- Property subtype
- Apartment buildings
Description
This exceptional 7.43-acre property at 1409 NE Russell Road, Kansas City, MO 64116, presents a remarkable investment opportunity. Zoned for multifamily, residential, and commercial use, this land offers pre-approved plans for fourplex and duplex development, streamlining the construction process. The comprehensive plans encompass road/driveway infrastructure, a community garden, and a dog park, with potential for a playground. The city's entitlement process is underway, and the survey and topography have already been completed. This prime location boasts convenient access to I-29 and I-35, making it ideal for multifamily housing, short-term rentals (VRBO/Airbnb), or a combination thereof. Enhancements to the property's aesthetic appeal are further supported by an adjacent city-owned green space featuring a stream. An additional parcel at 3828 Wayne is included in the sale, contributing to the total acreage. The seller is open to financing options, including owner financing or a lease option, to facilitate project commencement. This is a turnkey opportunity for developers seeking a high-potential investment in a desirable Kansas City location. The property is being sold as a package deal.
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
- Clay
- State
- Missouri
- Longitude
- -94.5618
- Latitude
- 39.1651
