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    OFF-MARKET
    Small apartment buildings

    3121 Mcgee St, Kansas City, MO 64111

    Property ID
    US48-1000792
    Property summary
    AI-generated overview

    This exceptional 11,116 square foot vacant lot presents a unique investment opportunity in Kansas City, Missouri's desirable Union Hill neighborhood. Located at 3121 McGee Street, zip code 64111, this flat, cleared parcel offers immense potential for various development projects. The property's zoning allows for the construction of either two single-family homes, or a larger multifamily structure such as a four-plex or even a six-plex. Its convenient location provides easy access to numerous amenities, including a nearby streetcar stop, Martini Corner, Billie's Grocery, Costco, and Home Depot. The property's alley access to the rear offers the possibility of incorporating convenient off-street parking into any new development. The asking price for this rare buildable lot is $140,000. This property is classified as Land, Multifamily, Apartment Building, Residential, Duplex/Triplex/Quadruplex, and Other. Don't miss this chance to capitalize on the growing demand for housing in this vibrant Kansas City neighborhood. This is a truly exceptional opportunity for developers and investors seeking a prime location with significant upside potential.

    Property profile
    Verified
    Property type Small apartment buildings
    UPID US48-1000792
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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