Property summary
This exceptional development opportunity presents a sizable 10,030 square foot lot ideally situated in Raytown, Missouri, at 6408 Elm Street (note: county records incorrectly list this as 9408 Elm Street). The property, zoned for multifamily residential use, offers a fantastic chance to construct a new duplex. The location is highly desirable, boasting proximity to local shopping centers and office spaces, ensuring strong rental demand. The lot's generous size provides ample space for a comfortable and well-designed duplex. Several existing duplexes are already established on Elm Street and in the surrounding neighborhood, demonstrating the suitability and success of this type of development in the area. This is a rare chance to capitalize on a prime location and build to your specifications. The property includes two addresses: 6408 and 6410 Elm St, Raytown, MO 64133. The asking price for this exceptional development opportunity is $35,000. Don't miss this chance to acquire a highly sought-after property in a thriving Raytown neighborhood. Act quickly, as opportunities like this are seldom available.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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