Property profile

2407-2421 State Route 291 Independence, MO 64057

OFF-MARKET
Retail properties & Spaces
32,783 SF Built 1987
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Property summary

AI-generated overview

This exceptional 32,783 square foot retail property, situated on a 2.75-acre lot in Jackson County, presents a unique investment opportunity. The single-story building, constructed in 1987, features eleven suites, with one currently vacant, offering 9,960 square feet of readily available space. Ideal for a restaurant or similar high-traffic business, this location boasts excellent freeway visibility and prominent signage opportunities, ensuring maximum brand exposure. The property offers ample parking, with a ratio of 3.57 spaces per 1,000 square feet. The existing building provides a solid foundation for immediate occupancy or potential redevelopment, catering to a variety of commercial uses. The substantial vacant space allows for customization and expansion, making it an attractive proposition for businesses seeking a prominent location with significant square footage. This property's strategic location and impressive size make it a compelling investment in a thriving commercial area. The multiple-tenancy structure offers flexibility and potential for diverse revenue streams. Don't miss this chance to secure a prime retail space with high visibility and ample parking in a desirable Jackson County location.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1987
Total area 32,783 SF

Cap rate & NOI

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

Location

2407-2421 State Route 291 Independence, MO 64057
Independence metro
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Value estimations

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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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