Property profile

2801 Holmes St Kansas City, MO 64109

OFF-MARKET
Retail space
Property ID
US48-0530773
1,897 SF 0.16 ac lot Built 1928
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional mixed-use property at 2801 Holmes Street in Kansas City, Missouri, presents a unique investment opportunity. The 4,600 square foot building boasts a compelling blend of retail and multifamily components, ideal for owner-users seeking a strong return. The property comprises a 2,200 square foot retail space currently occupied by one tenant, perfectly suited for a convenience store or similar business. Above the retail space is a two-story apartment building, offering 1,200 square feet per floor, totaling 2,400 square feet of residential space. A full basement provides ample storage. The property is currently occupied by two tenants, offering immediate cash flow. Strategically located in an opportunity zone within Jackson County, zip code 64109, this property benefits from the numerous redevelopment projects underway in the area, promising significant future appreciation. Its proximity to downtown Kansas City (less than 10 minutes away) further enhances its desirability. The asking price is $450,000, making this a compelling investment for discerning buyers seeking a blend of income generation and long-term growth potential in a rapidly developing urban area.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1928
Construction WOOD
Total area 1,897 SF
Lot 0.16 ac (6,970 SF)
APN 29-810-18-02
UPID US48-0530773

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Take-out & Catering Catering Service

Location

2801 Holmes St Kansas City, MO 64109-1146
Kansas City metro Census 4300 KANSAS CITY, MO-KS METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$355k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$275k

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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