1916-2002 Armour Rd North Kansas City, MO 64116
This exceptional redevelopment opportunity presents two buildings totaling 7,130 square feet on a 0.74-acre lot in North Kansas City, Missouri. Located at 1916-2002 Armour Road, this property boasts a prime location with high visibility off I-29 and MO Highway 210, near North Kansas City Hospital and a thriving medical office park. The existing structures offer approximately 3,240 square feet at 1916 Armour Road and approximately 3,890 square feet at 2002 Armour Road, presenting immediate income potential and significant long-term redevelopment upside. The property is zoned C-3, allowing for a variety of uses. Surrounded by established businesses including McDonald's, Subway, Arby's, Denny's, Old Chicago, Starbucks, Burger King, and La Quinta Inn, this location ensures high traffic and strong consumer presence. Built in 1938, this property offers a unique blend of history and potential, making it an ideal investment for those seeking a high-return opportunity in a rapidly growing area. The asking price is $1,150,000, translating to $161.29 per square foot. This is a rare chance to acquire a substantial property in a desirable location with significant upside potential.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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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.