Property profile

2001-2005 Truman Rd Kansas City, MO 64127

OFF-MARKET
Day care centers
17,129 SF Built 1950
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Day care centers
Year built 1950
Total area 17,129 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2001-2005 Truman Rd Kansas City, MO 64127
Kansas City metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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