4512 Terrace St, Kansas City, MO 64111
This exceptional investment opportunity presents a double lot spanning 7,474 square feet in Kansas City, Missouri's desirable West Plaza neighborhood. Priced at $599,900, this property offers a unique chance to acquire a substantial land parcel in a highly sought-after area. The site currently includes existing primary and accessory structures, although the electrical service is currently non-compliant and requires repairs before reinstatement. Due to the necessary repairs to make the buildings habitable, the property is categorized as land. Importantly, this represents a truly rare find, as infill lots are no longer eligible for consolidation under the updated Kansas City Zoning and Development Code, making future opportunities like this highly unlikely. The property's address is 4512 Terrace Street, Kansas City, MO 64111, situated within Jackson County. This presents a compelling opportunity for developers or investors seeking a prime location for future development or redevelopment in a vibrant and established neighborhood. The property's classification includes residential, apartment building, and duplex/triplex/quadruplex designations, reflecting its potential for various uses. Serious inquiries are encouraged to explore the possibilities of this unique West Plaza land holding.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.