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Property profile & analytics
OFF-MARKET
Land

1409 Russell Rd Kansas City, MO 64116

7.43 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 7.43 ac (323,651 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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