Property profile

2611 Vesper St Blue Springs, MO 64015

OFF-MARKET
Land
Property ID
US48-1176449
1.89 ac lot
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Property summary

AI-generated overview

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

Verified
Property type Land
Lot 1.89 ac (82,328 SF)
UPID US48-1176449

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2611 Vesper St Blue Springs, MO 64015
Blue Springs metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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