Property profile

11105 24Th St Sugar Creek, MO 64054

OFF-MARKET
Land
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Property summary

AI-generated overview

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.

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

11105 24Th St Sugar Creek, MO 64054
Sugar Creek 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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