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    OFF-MARKET
    Commercial land

    1106 23rd S St, Independence, MO 64055-1616

    1.23 ac lot
    Entity Owned 4-yr Hold Absentee Owner Free & Clear
    Property ID
    US48-0431421
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Lot 1.23 ac (53,579 SF)
    APN 26-620-20-31
    UPID US48-0431421
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    by Request
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    Owner & transaction history
    Wellington Real Estate LLC · 4 yrs held
    Wellington Real Estate LLC
    since 2022
    3 recorded transactions
    2022
    2017
    2017
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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