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Property profile & analytics
OFF-MARKET
Retail space

11312 23rd S St Independence, MO 64052-3626

1,200 SF 0.3 ac lot Built 1955
Entity Owned 6-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US48-0533001
Property summary
AI-generated overview

This exceptional two-story brick building at 11312 E 23rd Street, Independence, MO, offers 0.3 acres of prime commercial real estate. Boasting a flexible layout perfect for retail, professional services, or creative studios, this property underwent over $286,000 in recent upgrades. The main floor features a reception area, spacious open space, storage, laundry, and a bathroom. Upstairs, find hardwood floors, a wet bar, three private offices, a conference room, and another bathroom, with a separate stairwell entry allowing for dual occupancy. Exterior improvements include a newly paved (2023) 15-space parking lot and a two-car garage pre-wired for security cameras. Modern upgrades encompass a new roof (2020), HVAC system, 200-amp electrical service, updated plumbing, and premium finishes. An advanced security system with eight ADT cameras, VOIP phone systems, and wall-mounted TVs are included. This high-visibility location in a bustling business district presents a turnkey opportunity for investors and business owners alike. The property's versatility and extensive renovations make it an ideal investment.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1955
Construction FRAME
Total area 1,200 SF
Lot 0.3 ac (13,068 SF)
APN 27-610-23-25
UPID US48-0533001
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
Current use
Occupant on record · Public records
  • Dynamic Construction Group Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Bk Commercial Properties LLC · 6 yrs held
Bk Commercial Properties LLC
since 2020
2 recorded transactions
2020
Price N/A
1999
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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