1112 Grand Ave Kansas City, MO 64106
This exceptional investment opportunity presents 40 parking spaces located at 1112 Grand Avenue in Kansas City, Missouri, zip code 64106. Situated on a 320 square foot lot, this special purpose property offers a high-demand asset in a vibrant downtown area. The spaces are ideally suited for employees of nearby businesses such as JE Dunn, T-Mobile executives, and those working in the Federal Building, as well as T-Mobile suite owners. This presents a strong potential for consistent rental income due to the high concentration of professionals and residents in the immediate vicinity. The property's central location also makes it attractive to condo owners seeking additional guest parking. The asking price for the entire portfolio of 40 spaces is $40,000. This represents a compelling entry point into the Kansas City commercial real estate market, offering a potentially lucrative return on investment. Further details are available in the supplemental flyer. The property is located in Jackson County and its precise coordinates are latitude 39.1040382 and longitude -94.5701803. This is a unique opportunity to acquire a well-positioned parking asset in a thriving urban core.
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.