2713 Cherry St Kansas City, MO 64108
- Manufacturing properties
- 1,900 SF
- 0.37 lot acres
Current Use by Public Records
- All Team Staffing / Employment Agency
- Wrench 2 U / Auto Repair Shop
Property Details for 2713 Cherry St
- Year built
- 1950
- Construction
- WOOD
- Lot size
- 0.37 lot acres
- Property size
- 1,900 SF
- Property type
- Manufacturing properties
- APN
- 29-810-05-13
- APU
- 298100513
Description
This exceptional 1-story warehouse in Kansas City, MO, presents a lucrative investment opportunity. Located at 2713 Cherry Street, 64108, in a rapidly developing downtown neighborhood, this property boasts a substantial 16,000 sq ft lot and was built in 1950. Currently generating over $7,000 per month in income from multiple revenue streams, including a commercial tenant (All Team Staffing and Imperial Holdings), and a leased residential apartment. The property features two fenced yards enhanced by a new security system, multiple garages, and ample outdoor work areas. Significant recent improvements include a complete roof replacement and interior updates to both the apartment and commercial spaces. This prime location offers easy access to major downtown areas, making it an ideal investment for discerning buyers seeking strong cash flow and appreciation potential. The property's diverse tenant base and ongoing improvements ensure a stable and profitable investment for years to come. This is a rare opportunity to acquire a well-maintained, income-producing property in a thriving urban setting. Asking price: $999,000.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $340,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $525,000
- 6.5%
- $535,000
- 7%
- $495,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $520,000
- Geo Method
- $465,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $555,000
- Retail
- $430,000
- Mixed-Use
- $560,000
- Hospitality
- $440,000
- Educational
- $575,000
- Residential Income
- $550,000
- Energy
- $415,000
- Income-Based Land
- $495,000
- Food Service
- $470,000
Location Insight
- Map
- Local Demand
- City
- Kansas City
- County
- Jackson
- State
- Missouri
- Longitude
- -94.5771
- Latitude
- 39.0773
- CBSA code
- 28140
- CBSA name
- KANSAS CITY, MO-KS METROPOLITAN STATISTICAL AREA
