1321 Michigan Ave, Kansas City, MO 64127
This exceptional 9,000 square foot level lot, encompassing lots 21-23 (indivisible), presents a unique opportunity for residential development in Kansas City, Missouri. Located at 1321 Michigan Avenue, zip code 64127, this property offers unparalleled convenience with easy access to major highways including I-29, I-70, and I-35. Its prime location places it just two miles from downtown Kansas City and within walking distance of the vibrant 18th and Vine district and the River Market, providing access to a wealth of restaurants, shops, and cultural attractions. The surrounding area boasts iconic landmarks such as the KC Power and Light District, Crossroads Arts District, Crown Center, and the nearby KC Current women's soccer stadium. This blank canvas is ideal for a single-family home or a multi-family development, allowing for the creation of a truly bespoke property. The asking price is $139,900, with a $3500 earnest money deposit required. Public records provide lot details; however, buyers are responsible for verifying dimensions, details, taxes, and assessments.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.