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    OFF-MARKET
    Small apartment buildings

    4512 Terrace St, Kansas City, MO 64111

    Property ID
    US48-0195379
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Small apartment buildings
    UPID US48-0195379
    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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