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Property summary
This exceptional portfolio presents a unique investment opportunity encompassing three former Kansas City Public Schools: Meservey, Pershing, Scarritt, King/Weeks, and Askew Elementary. These properties offer significant adaptive reuse potential, ideal for developers seeking infill projects. The portfolio includes three distinct locations, each with unique characteristics and potential. One property, located at 5915 Park Ave, Kansas City, MO 64130, boasts approximately 46,851 square feet on 3.56 acres, featuring a four-story building constructed between 1924 and 1953. It's situated in the Blue Hills neighborhood and zoned R-6. Another property at 4210 E 45th St, Kansas City, MO 64130, comprises approximately 64,900 square feet on 3.8 acres, housed in a four-story building constructed between 1928 and 1956. This property is located in the Vineyard neighborhood and zoned R-2.5. Finally, the property at 2630 Topping Ave, Kansas City, MO 64129, offers approximately 58,190 square feet on 3.86 acres, with a three-story building constructed between 1923 and 1968. This property is in the Blue Valley neighborhood and is zoned R-2.5. All three properties closed in 2009 or 2010 and are eligible for historical designation. Each building includes key features such as auditoriums, gymnasiums, cafeterias, and elevators. The properties present a compelling opportunity for creative redevelopment, capitalizing on their existing infrastructure and prime locations within Kansas City. The offer deadline has been extended.
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Zoning
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