Property profile

11610 Truman Rd Independence, MO 64050

OFF-MARKET
Office buildings
Property ID
US48-0409053
5,400 SF 2.94 ac lot Built 1966
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional commercial property, located at 11610 E Truman Road in Independence, Missouri, presents a rare opportunity for discerning businesses. The building, situated on a generous 2.94-acre lot, boasts a substantial amount of parking, eliminating any concerns about client or employee parking. The property's history as a bank lends it a unique architectural character, offering a distinctive and memorable space for your business. Inside, a fully operational elevator ensures convenient access to all levels. The expansive lot provides ample room for expansion or future development, making this a highly versatile property. The asking price is $850,000. This prime location in Independence offers excellent visibility and accessibility, making it an ideal setting for a variety of commercial ventures. The substantial size of the lot and the existing building provide a solid foundation for a successful business operation. The property's unique character and ample parking are significant advantages in today's competitive market. This is a chance to acquire a well-positioned commercial property with significant potential for growth and development. The building's history and features combine to create a truly distinctive and attractive commercial space. Don't miss this opportunity to secure a property with such strong potential. The substantial parking and convenient elevator add to the overall appeal and functionality of this exceptional offering.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1966
Construction WOOD
Total area 5,400 SF
Lot 2.94 ac (128,066 SF)
APN 26-320-13-35-02
UPID US48-0409053

Cap rate & NOI

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

Location

11610 Truman Rd Independence, MO 64050-2517
Independence metro Census 11002 KANSAS CITY, MO-KS METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$335k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$450k

Owner & transaction history

since 2023
3 recorded transactions
2023
Price N/A
2021
Price N/A
2021
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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