32 46Th St Kansas City, MO 64111
This exceptional 1.38-acre parcel presents a remarkable investment opportunity in Kansas City, Missouri's highly sought-after Southmoreland neighborhood. Located at 32 E 46th St, in Jackson County, zip code 64111 (39.0436295, -94.5857195), this commercially and residentially zoned (R-0.5) land is ideally positioned for high-density development. Its prime location offers unparalleled access to the vibrant Arts District, the University of Missouri-Kansas City (UMKC) campus, and the convenience of Whole Foods Market, all within close proximity. The property's strategic placement, just one block from the Southmoreland Station stop of the Main Street Streetcar extension (projected completion 2025), ensures exceptional connectivity and accessibility for future residents. The elevated terrain provides potential for structures offering stunning views of the renowned Country Club Plaza. This infill site is perfectly suited for multifamily development, capitalizing on the strong demand for walkable, amenity-rich urban living. The property's location within a thriving cultural epicenter, featuring art galleries, retail shops, restaurants, and the Trolley Trail, further enhances its appeal and potential for significant return on investment. The asking price for this exceptional property is $4,000,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Risks
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