Property profile

2808 85th St Kansas City, MO 64132

OFF-MARKET
Warehouses
Property ID
US48-0664327
3,000 SF 1.59 ac lot Built 1950
Entity Owned 7-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional investment opportunity presents a three-building industrial complex totaling 23,633 square feet situated on a 1.59-acre lot in Kansas City, Missouri. Strategically located with immediate access to I-49 and I-435, this property boasts M3-5 heavy industrial zoning, allowing for a wide range of uses. The complex comprises three distinct structures. Building 1 offers 13,239 square feet, including 3,200 square feet of office space, two dock-high doors, and one drive-in door. Building 2 features 8,406 square feet of free-span design space with two oversized drive-in doors and a full drive-thru bay. Building 3, at 1,988 square feet, is ideal for vehicle maintenance, equipped with three drive-in doors. The property also provides ample outdoor storage. The asking price is $1,650,000, translating to $69.82 per square foot. This prime location and versatile configuration make this an attractive proposition for a variety of industrial businesses. The property's zoning and features offer significant potential for growth and return on investment. Don't miss this chance to acquire a well-positioned, multi-building industrial complex in a thriving Kansas City market. The zip code is 64132.

Property profile

Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1950
Construction WOOD
Total area 3,000 SF
Lot 1.59 ac (69,260 SF)
APN 49-320-04-02
UPID US48-0664327

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
  • Gym & Fitness Center Sports Field & Court
  • General Contractor Construction Company

Location

2808 85th St Kansas City, MO 64132-2536
Kansas City metro Census 9600 KANSAS CITY, MO-KS METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$375k

Owner & transaction history

since 2018
7 recorded transactions
2018
Price N/A
2016
Price N/A
2014
$450,000
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

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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