1620 Mo 291 Hwy Independence, MO 64050
This exceptional 2.6-acre parcel of land presents a unique opportunity for discerning buyers in Independence, Missouri. Located at 1620 S MO 291 Highway, this property boasts a highly desirable location with convenient access to Highway 291, ensuring effortless commutes and proximity to a wealth of amenities, including shopping centers and various other conveniences. Currently zoned residential, the property offers immense potential for a variety of uses. The buyer may explore the possibility of rezoning for commercial development, opening up a wide range of possibilities for entrepreneurs and investors. The expansive 2.6 acres provide ample space for a single-family residence, a multi-family development, or a commercial venture. The tranquil setting, surrounded by trees, offers a peaceful atmosphere while maintaining easy access to the vibrancy of Independence. Priced affordably at $55,000, this property represents an exceptional value in the current market. Don't miss this chance to acquire a piece of land with significant potential in a prime location. The possibilities are truly endless. The property is situated in Jackson County, Missouri, with a zip code of 64050. Its coordinates are 39.087631 latitude and -94.3800909 longitude.
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.
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.