Property summary
This exceptional 1.89-acre property in Blue Springs, Missouri, presents a unique investment opportunity. Located at 2611 NW Vesper Street, zip code 64015, this land offers a prime location near the Freshman Center and Burris Park. The property is zoned for multifamily use and previously housed a structure that has since been destroyed by fire, leaving only the foundation. The existing foundation could potentially reduce site preparation costs for a new development. The 1.89-acre lot size provides ample space for a substantial multifamily project, taking advantage of the strong demand in this area. The property's agricultural subtype adds versatility, opening up possibilities beyond traditional multifamily development. This is an excellent chance to acquire a large parcel of land in a desirable location, ready for redevelopment into a profitable multifamily complex. The address is conveniently situated in Jackson County, Missouri, offering easy access to local amenities and transportation networks. The property's proximity to both the Freshman Center and Burris Park enhances its appeal and potential for attracting residents. This is a rare opportunity to capitalize on the growing demand for housing in this thriving community. The asking price of $130,000 makes this an attractive investment proposition.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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