Property profile

2998 Barry Rd Kansas City, MO 64156

OFF-MARKET
Commercial real estate
Property ID
US48-0258353
Entity Owned 3-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 5.28-acre commercial land parcel in Kansas City, Missouri (Clay County, zip code 64156, located at 2998 NE Barry Rd), is zoned B4-3 and perfectly positioned for immediate self-storage development. The property boasts a fully approved final development plan, completed mass grading, and 90% complete architectural plans, significantly reducing development time and costs. Engineering is 100% finished, and the site is pad-ready with detention completed. All utilities are readily available on-site. The approved plans encompass a substantial 51,346+/- gross square feet of climate-controlled storage and 45,419+/- square feet of traditional self-storage units. This prime location offers excellent visibility and benefits from proximity to new developments, including 292 planned townhomes and upcoming national retail tenants, ensuring a strong and affluent demographic base. The property's advanced preparation translates to immediate construction commencement, minimizing delays and maximizing return on investment. This is a truly turnkey opportunity for a swift and profitable self-storage venture.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
APN 14-113-00-01-001-02
UPID US48-0258353

Cap rate & NOI

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

Location

2998 Barry Rd Kansas City, MO 64156-2936
Kansas City metro Census 21212 KANSAS CITY, MO-KS METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$335k

Owner & transaction history

since 2023
1 recorded transaction
2023
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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