9206-9214 Highway Raytown, MO 64133
- Retail properties
- 2,438 SF
- 0.40 lot acres
Current Use by Public Records
- Retail properties
Property Details for 9206-9214 Highway
- Lot size
- 0.40 lot acres
- Property size
- 2,438 SF
- Property type
- Retail properties
Description
This exceptional commercial property, located at 9206-9214 E. 350 Highway in Raytown, Missouri, presents a compelling investment opportunity. The property boasts 2,438 square feet of retail space, strategically situated on a highly visible 0.4-acre lot with excellent frontage on Highway 350. Currently, the building comprises three individual retail spaces, each offering flexibility for a variety of businesses. Adding to the property's appeal is a residential component: a two-bedroom, one-bathroom apartment located upstairs, providing additional income potential or owner-occupancy options. Two month-to-month leases are currently in place, offering immediate cash flow and the potential for future rent increases. The property is zoned commercial, allowing for diverse uses and expansion possibilities. This value-add opportunity is further enhanced by its location within an opportunity zone, potentially offering significant tax advantages for qualified investors. With a low entry cost of $290,000, this property represents a rare chance to acquire a well-positioned retail asset in a growing market. The combination of existing income, residential space, and development potential makes this an attractive investment for both seasoned and emerging investors. The property's prime location and versatile configuration make it an ideal choice for those seeking a strong return on investment.
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
- Raytown
- County
- Jackson
- State
- Missouri
- Longitude
- -94.4742
- Latitude
- 38.9954
