19250 50Th Ter Independence, MO 64055
- Land
- 1.96 lot acres
Current Use by Public Records
- EPIC Kids Care / School
Property Details for 19250 50Th Ter
- Lot size
- 1.96 lot acres
- Property type
- Land
- Property subtype
- Apartment buildings
Description
This exceptional 1.96-acre commercial property in Independence, Missouri, presents a lucrative investment opportunity. Located at 19250 E 50th Terrace S, this multifamily land parcel boasts a highly desirable C2 zoning, allowing for a wide range of commercial business ventures. The property enjoys exceptional visibility from Highway 291, benefiting from high-volume traffic and easy highway access. Its strategic location places it within a quarter-mile of hotels, restaurants, and shopping centers, ensuring high foot traffic and customer convenience. The lot is fully developed, with all essential utilities readily available on-site, simplifying development and reducing upfront costs. This property is particularly attractive due to its location in a rapidly growing area of Independence, promising strong future returns. Note that this 1.96-acre parcel can be purchased as part of a larger 4.33-acre package, including an adjacent tract (see listing for 19255 E 50th Ter S for details). The asking price for this prime commercial land is $680,000, representing a compelling investment in a thriving Missouri market. The property is classified as a duplex/triplex/quadruplex, offering significant potential for rental income.
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
- Independence
- County
- Jackson
- State
- Missouri
- Longitude
- -94.3596
- Latitude
- 39.0266
