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    OFF-MARKET
    Commercial real estate

    1321 Michigan Ave, Kansas City, MO 64127

    Property ID
    US48-0758285
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial real estate
    UPID US48-0758285
    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
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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