11413-11417 23Rd St Independence, MO 64052
This exceptional commercial investment opportunity presents a portfolio of two buildings totaling 11413-11417 E 23rd Street and 11411 E 23rd Street in Independence, Missouri, 64052. The asking price for this package deal is $545,000. The primary building, 11413-11417 E 23rd Street, is a single-story, 1966-built structure situated on a substantial 16,117 square foot lot. Currently, the portfolio boasts a diverse mix of six tenants, ensuring a stable income stream. The property features convenient amenities including nearly 20 parking spaces and a wheelchair-accessible ramp. The secondary building, 11411 E 23rd Street, offers a significant amount of undeveloped basement walkout space, presenting potential for future expansion or repurposing. This property is ideal for investors seeking a well-occupied, multi-tenant retail portfolio in a desirable location. The property is classified as retail and office space, with subtypes including storefront, executive office, salon/barbershop, and other business uses. This is a bulk/portfolio sale, offering a unique chance to acquire a substantial commercial property with significant upside potential. The property's location in Jackson County provides easy access to major transportation routes and a thriving local market. Don't miss this chance to add a high-performing asset to your investment portfolio.
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.