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    OFF-MARKET
    Small apartment buildings

    4615 Appleton Ave, Kansas City, MO 64133

    Property ID
    US48-0925229
    Property summary
    AI-generated overview

    This exceptional 17,376 square foot vacant lot, located at 4615 Appleton Avenue in Kansas City, Missouri, presents a remarkable opportunity for developers and investors. Zoned for residential use, this property is ideally suited for the construction of a multi-family dwelling, specifically a duplex or similar structure, given its size and existing zoning. The asking price for this land is $50,000, representing a compelling entry point into the Kansas City real estate market. The property's convenient location offers easy access to major highways, simplifying commuting and transportation for future residents. Furthermore, its proximity to shopping centers provides residents with convenient access to everyday amenities and necessities. The property is situated within the highly regarded Raytown School District, a significant draw for families seeking quality education. This combination of factors – prime location, desirable school district, convenient access to amenities and transportation, and an attractive price point – makes this vacant lot an exceptional investment prospect with significant potential for future development and strong rental income. The lot's substantial size allows for considerable flexibility in design and construction, catering to a variety of development plans. Detailed zoning information and building codes are readily available from the relevant city authorities. This is a rare opportunity to acquire a well-situated, sizable lot in a thriving Kansas City neighborhood.

    Property profile
    Verified
    Property type Small apartment buildings
    UPID US48-0925229
    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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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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