2001-2005 Truman Rd, Kansas City, MO 64127
This exceptional 17,129 sq ft, two-story commercial property at 2001-2005 E Truman Rd, Kansas City, MO 64127, is a rare opportunity. Currently operating at 100% occupancy with a diverse tenant mix including an auto shop, bar, and daycare, this Class B building offers significant potential. Built in 1950, the property features one main building with retail space on the ground floor and potential residential units upstairs, plus a second building (former restaurant) and vacant lots. Located in a prime downtown location near the upcoming MLB stadium and within the Enhanced Enterprise Zone (EEZ), this property benefits from potential tax advantages, including Missouri WORKS income tax benefits. The asking price is $660,000 ($38.53/sq ft). The B2-3 zoning allows for diverse redevelopment options, including storage units, venue space, or other commercial uses. This single-tenancy property presents a compelling investment for owner-users seeking a versatile space or investors looking for a strong return in a rapidly developing area. The property's flexible layout and prime location make it an ideal candidate for various commercial ventures. Further investigation into the potential tax benefits within the EEZ is encouraged. This is a turn-key opportunity with significant upside potential.
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
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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.