1400 Genessee St Kansas City, MO 64102-1047
This exceptional 3.37-acre industrial land parcel is situated in Kansas City, Missouri's vibrant Stockyards District, offering unparalleled development potential. Located in Jackson County, zip code 64102, the property boasts excellent visibility and access to I-670, a major thoroughfare with over 73,700 vehicles daily. Its strategic location within a possible Planned Industrial Expansion Authority (PIEA) District presents the opportunity for up to 25 years of tax abatement, further enhancing its investment appeal. The site also benefits from its inclusion in Kansas City's state-designated Enhanced Enterprise Zone #1. Multiple development concepts are feasible, including mixed-use, multifamily, office, or hospitality projects. Enjoy the convenience of being within walking distance of numerous restaurants and entertainment venues such as Amigoni Urban Winery, Golden Ox, The Campground, Voltaire, Fountain City Winery, The Ship, and Charmed House Interiors. Furthermore, the property's proximity to the Rock Island Bridge, slated to open Spring 2024 as America's first entertainment district over a river, adds significant long-term value. This prime location offers a unique blend of industrial potential and urban amenities, making it an exceptional investment opportunity. The property's address is 1400 Genessee St, KCMO.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.