Property profile

6408 Elm St Raytown, MO 64133

OFF-MARKET
Land
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Property summary

AI-generated overview

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

Verified
Property type Land

Cap rate & NOI

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

Location

6408 Elm St Raytown, MO 64133
Raytown metro
Google Maps

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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