Technical
Financial
Distress signals
Property profile

3237-41 Troost Ave Kansas City, MO 64109

OFF-MARKET
Land
0.14 ac lot
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional investment opportunity presents a 0.14-acre parcel at 3237-41 Troost Avenue in Kansas City, Missouri, zip code 64109. The 6,238 square foot lot boasts 43 feet of Troost Avenue frontage. Historically used as a dry cleaning establishment from 1951 to 1990, this property is strategically located on the Troost Max bus rapid transit line, offering convenient access to downtown Kansas City, Hospital Hill, UMKC, and vibrant restaurant and shopping districts. The property benefits from its location within several designated zones, including Enterprise, Empowerment, and Opportunity zones, as well as a Planned Industrial Expansion Area (PIEA) and the Heart of the City Neighborhood Stabilization TIF Plan Commercial Facade & Improvements Program. This site is also within the Midtown Plaza Area Plan, a proposed mixed-use community. The surrounding neighborhoods are actively engaged in improving infill development, fostering a unique blend of artists, pop-up retail spaces, and strategic renovations to enhance the area's character. An additional 0.21-acre parcel (8,994 square feet) at 3249 Troost Avenue is available for purchase as a portfolio for $110,000. The asking price for this 0.14-acre parcel is $40,000. All information is deemed reliable but should be independently verified. The property is not associated with any businesses previously located on the site. The price and availability are subject to change.

Property profile

Verified
Property type Land
Lot 0.14 ac (6,098 SF)

Cap rate & NOI

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

Location

3237-41 Troost Ave Kansas City, MO 64109
Kansas City metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3237-41 Troost Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message