11105 24Th St, Sugar Creek, MO 64054
This 6,237 square foot vacant commercial lot is located at 11105 E 24 Highway in Independence, Missouri, zip code 64054. Situated in Jackson County, this property boasts excellent visibility due to its location on a busy highway near a high-traffic intersection. Currently zoned commercial, the lot is appraised at $21,000 by the county. The property offers significant potential for various commercial uses, including but not limited to additional parking or storage. A commercial development is underway across the street, further enhancing the property's value and potential. The city is actively working on completing the sidewalk directly in front of the lot, improving accessibility and curb appeal. While currently zoned commercial, the possibility of rezoning for residential use exists, subject to city approval. Any rezoning efforts would be the responsibility of the buyer following the closing of escrow. This is an exceptional opportunity to acquire a well-located commercial lot with significant upside potential in a growing area. The asking price for this property is $15,000.
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
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.