1224 Old Mill Rd Independence, MO 64055
This exceptional 202,083 square foot residential land parcel presents a remarkable investment opportunity in Independence, Missouri. Located at 1224 N Old Mill Road, this expansive property is zoned for residential development and offers significant potential for a variety of projects. The land is situated in Jackson County, Missouri, within the 64055 zip code, providing convenient access to local amenities and infrastructure. With its generous size, this property is ideal for developers seeking to create a substantial residential community or for those looking to build a large-scale custom home. The asking price for this prime piece of real estate is $1,134,877. Given its location in a growing area of Independence, this property is poised for significant appreciation. Detailed site plans and zoning information are readily available upon request. Serious inquiries only. This is a rare chance to acquire a substantial land holding in a desirable Missouri location. The property's size and location make it an attractive proposition for both individual builders and larger development firms. Don't miss this opportunity to secure a valuable asset in a thriving market. Act quickly, as properties of this size and potential are seldom available. The coordinates for the property are 39.0608919 latitude and -94.4079213 longitude.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.