Property profile

10801 E Winner Rd Independence, MO 64052

FOR SALE
Auto shops
Property ID
US48-0169487
1,305 SF 0.32 ac lot Built 1950
Individually Owned 5-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 1,305 square foot storefront, located at 10801 E Winner Rd in Independence, Missouri's vibrant arts district, presents a unique investment opportunity. The property, built in 1950 and extensively renovated in 2021, boasts a Class B rating and is currently 100% occupied by four tenants under a gross lease agreement with yearly rent bumps. The single-story building sits on a half-acre lot and includes ample parking with 20 spaces. Recent upgrades include new bay doors with windows, a completely renovated bathroom, and fresh paint throughout. A new roof ensures long-term structural integrity. This multi-tenant property offers a stable income stream and significant potential for future growth within a rapidly developing area. The property's prime location in the thriving arts district of Independence, a suburb east of Kansas City, MO, provides excellent visibility and access to a diverse customer base. The asking price is $225,000. This is a for sale by owner property.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1950
Construction WOOD
Total area 1,305 SF
Lot 0.32 ac (13,939 SF)
APN 27-610-04-04
UPID US48-0169487

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Auto Repair Shop (Bike/Boat/Book/etc) Store

Location

10801 E Winner Rd Independence, MO 64052
Independence metro Census 11800 KANSAS CITY, MO-KS METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$260k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$260k

Owner & transaction history

since 2020
5 recorded transactions
2020
Price N/A
2020
Price N/A
2017
Price N/A
2006
Price N/A
1969
Price N/A

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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More about this property
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