Technical
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Distress signals
Property profile

1804 291 Hwy Independence, MO 64050

OFF-MARKET
Land
11.17 ac lot
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Property summary

AI-generated overview

This exceptional 11.17-acre commercial land parcel presents a unique investment opportunity in Independence, Missouri. Strategically located at the intersection of Highway 291 and Sunset Drive, this property boasts over 800 feet of frontage on Highway 291, a major thoroughfare with over 34,000 vehicles passing daily, ensuring unparalleled visibility and accessibility for any commercial venture. The site benefits from all utilities already in place, simplifying development and reducing upfront costs. Its advantageous location is further enhanced by its proximity to Adventure Oasis Water Park, attracting significant foot traffic and creating a vibrant surrounding environment. The property also enjoys the benefit of being near a variety of established businesses, including Price Chopper, Sonic, Tractor Supply, Dollar Tree, Advance Auto, Quik Trip, Wendy's, Denny's, and Dunkin' Donuts, creating a strong commercial cluster and high consumer density. Adding to its appeal, 23rd Street, carrying over 29,000 cars daily, provides additional access and exposure. The property is zoned for commercial use, offering flexibility for a wide range of development possibilities. With its prime location, high traffic counts, and existing infrastructure, this land parcel represents a compelling investment opportunity for businesses seeking high visibility and strong consumer access in a thriving commercial area. The asking price is $360,000.

Property profile

Verified
Property type Land
Lot 11.17 ac (486,565 SF)

Cap rate & NOI

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

Location

1804 291 Hwy Independence, MO 64050
Independence metro
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Value estimations

Realmo proprietary · 4 methods
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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
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