6408 Elm St, Raytown, MO 64133
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.