1409 Russell Rd, Kansas City, MO 64116
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.