2505 Steele Rd Kansas City, KS 66106
This exceptional 1.38-acre residential lot, located at 2505 Steele Road in Kansas City, Kansas, presents a unique investment opportunity. The property, encompassing 57,064 square feet, is ideally situated across from JC Harmon High School, offering convenient access to local amenities and schools. The lot boasts a desirable location, bordered by a church and a residential home, ensuring a peaceful and established neighborhood setting. The land is currently zoned residential and features a generous road frontage of approximately 200 feet and a depth of approximately 300 feet. The property is partially treed, providing a natural and attractive landscape. Importantly, this property is not located within a flood zone, eliminating potential flood-related risks. Prospective buyers should independently verify school district information with the KCK School District. Septic systems are common in the surrounding area; however, buyers are advised to independently verify all details regarding utilities and infrastructure. This double lot offers significant potential for residential development, making it an attractive proposition for builders, investors, or individuals seeking to build their dream home in a well-established Kansas City neighborhood. The asking price for this remarkable property is $40,000.
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Pink house Housing Development
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.