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Property profile & analytics
FOR SALE
Retail space

11115 E Truman Rd Independence, MO 64052

5,967 SF 0.27 ac lot Built 1951
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US48-0870968
11115 E Truman Rd, Independence, MO 64052 For Sale
$400,000 5,967 SF
11115 E Truman Rd, Independence, MO 64052
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Property summary
AI-generated overview

This exceptional 6,000-square-foot retail building is available for purchase at $495,000 ($82.50/SF). Located at 11115 E Truman Road in Independence, Missouri (zip code 64052), this freestanding, single-story structure sits on a 0.3-acre lot at a high-traffic intersection. The property benefits from its prime location on the corner of E Truman Road and Sterling Avenue, boasting an impressive 16,579 vehicles passing daily. Its strategic placement directly across from a high-traffic QT gas station ensures significant visibility and potential customer traffic. The building's versatility is highlighted by its suitability for various retail uses, including pharmacy/drug stores, storefronts, and auto shops. An existing pylon sign is already in place, simplifying marketing efforts. The property is conveniently located approximately 8 miles east of Downtown Kansas City and roughly a 30-minute drive from Kansas City International Airport, offering easy access for both local and regional clientele. Currently vacant, this property presents a unique opportunity for immediate occupancy and customization to suit a wide range of business needs. The building's size and location make it an ideal investment for entrepreneurs and established businesses alike.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1951
Construction WOOD
Total area 5,967 SF
Lot 0.27 ac (11,761 SF)
APN 27-140-04-01
UPID US48-0870968
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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$723k
Blend (final) Blend
$730k
Owner & transaction history
Phm Ix LLC · 4 yrs held
Phm Ix LLC
since 2022
1 recorded transaction
2022
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building $1.2M +18.1%
Commercial (general) $1.1M +14.0%
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