311-327 23Rd St Independence, MO 64055
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.
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.
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.