634 Dodgion St Independence, MO 64050
This exceptional property at 634 N Dodgion Street, Independence, MO 64050, offers a unique investment opportunity. The 13,068 sq ft lot features a red brick, single-story building (1953) with M-1 zoning, extensively renovated for warehouse and office use. The building boasts 15-foot ceilings, concrete floors, and HVAC. Seven small office spaces are located at the front. Access includes a side garage door (10.11' x 13.4') with opener and a dock door (7.9' x 5.9'). The property is conveniently located a few blocks north of the Independence square and includes its own parking lot. This versatile space is perfect for a variety of service businesses. Included in the asking price of $425,000 is an adjacent lot (630 N Dodgion Street) with a white house and shed, offering additional warehouse/storage space or potential for office conversion. This presents significant upside potential for the buyer. The property's prime location near downtown Independence makes it an attractive investment.
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.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.