4301-4307 Troost Ave Kansas City, MO 64110
This exceptional Kansas City, Missouri property at 4301-4307 Troost Avenue presents a unique redevelopment opportunity. The 0.49-acre lot features a three-story, 1913-built building complex currently configured as a blend of retail and residential spaces. Three interconnected retail spaces (4301, 4303, and 4305) boast high ceilings and individual exterior entrances. Above the first two retail units, eight apartments are situated across two floors (four apartments per building). A full basement with 10-foot ceilings is located beneath 4301. Adding to the potential, a single-family home on the south side of the property offers flexibility – it could be renovated or removed to create additional parking. The asking price is $854,000. The seller has provided complete architectural blueprints from a local architect and is actively working with the city to secure necessary construction permits. These plans are available for review, offering a significant head start for any prospective buyer. This mixed-use property in the Troost Corridor presents a compelling investment opportunity with substantial upside potential for a savvy developer. The property's existing structure and the seller's proactive engagement with the city streamline the redevelopment process, minimizing potential delays. The combination of retail, residential, and potential parking expansion makes this a versatile and attractive proposition.
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.