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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

311-327 23Rd St Independence, MO 64055

1 SF 0.84 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 0.84-acre commercial land parcel, located at 311-327 E. 23rd St in Independence, Missouri, presents a unique investment opportunity. Zoned C-2, this property offers significant potential for retail development. The asking price is $399,000. Situated at the busy intersection of 23rd Street and Noland Road, this site benefits from high visibility and substantial traffic flow, ensuring excellent exposure for any business. The property's location within both an Enhanced Enterprise Zone and the Noland Road/23rd Street Tax Increment Financing (TIF) District provides additional financial incentives and potential tax advantages for developers. The lot's size makes it an excellent pad site, ideal for a variety of retail uses. The property's address is 311-327 E. 23rd St, Independence, MO 64055, within Jackson County. While the listed square footage is 1 square foot, this reflects a data entry error and the actual size is the 0.84-acre lot. This is a rare opportunity to acquire a strategically located commercial property in a thriving area with significant development potential. Serious inquiries are encouraged.

Property profile
Verified
Property type Retail properties & Spaces
Total area 1 SF
Lot 0.84 ac (36,590 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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