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    OFF-MARKET
    Small apartment buildings

    433 Indiana Ave, Kansas City, MO 64124

    0.5 ac lot
    Property ID
    US48-2931423
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a rare chance to acquire a 0.5-acre corner lot in Sugar Creek, Missouri. The property, located at 433 Indiana Avenue and encompassing five separate parcels (433 Indiana, 431 Indiana, 429 Indiana, 3401 Garner, and 3411 Garner), is being sold as a single package. This expansive lot offers significant potential for various development projects, including single-family homes, duplexes, or even a fourplex. The ample space allows for convenient parking solutions, enhancing the overall appeal and functionality of any future development. While the seller believes utilities are readily available at the street, the presence of any prior structures on the property is currently unknown. This prime location in Jackson County, with a zip code of 64124, presents a compelling investment opportunity with significant upside potential. The asking price for this unique multifamily land parcel is $112,500. This is a remarkable chance to capitalize on the growing real estate market in Sugar Creek. Buyers are encouraged to conduct their own due diligence regarding utilities and any potential historical building information.

    Property profile
    Verified
    Property type Small apartment buildings
    Lot 0.5 ac (21,780 SF)
    UPID US48-2931423
    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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