1106 23rd S St, Independence, MO 64055-1616
This exceptional 1.23-acre commercial land parcel presents a remarkable investment opportunity in Independence, Missouri. Located at 1106 E 23rd Street S, this property boasts a highly desirable location within Jackson County, offering excellent potential for a variety of commercial ventures. The expansive lot size provides ample space for development, allowing for significant flexibility in design and construction. The asking price is $550,000, representing a compelling value in the current market. Situated in the 64050 zip code, this property benefits from convenient access to major transportation routes, ensuring easy accessibility for both employees and customers. Its strategic location within Independence offers proximity to a thriving business community and a robust local economy. The property's zoning and permitted uses should be independently verified to ensure compatibility with your specific development plans. This is an exceptional opportunity to acquire a substantial commercial land parcel in a prime location, ideal for those seeking to establish a new business or expand an existing operation. Serious inquiries are encouraged to explore the full potential of this valuable asset. The geographic coordinates are 39.1024788 latitude and -94.4079213 longitude.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
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.