5001 Independence Ave, Kansas City, MO 64124
For Sale
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Prime Investment Opportunity at 5001 Independence Ave, Kansas City, MO 64124! Seller Relocating – Price Reduced to $265,000! Now priced at $19/SF , Motivated seller, but not distressed—pricing has been adjusted to attract qualified buyers capable of closing quickly. Versatile property with tremendous potential: two buildings totaling 13,918 SF on a spacious 0.38-acre lot. Featuring a church space and seven office units across two stories, this property is well-suited for a variety of uses, including religious organizations, office rentals, multifamily, senior living, and more. Currently vacant, this value-add property offers a projected pro-forma CAP of 14.78%, making it a high-yield addition to any portfolio. Located in an Opportunity Zone, it’s eligible for city grants and incentives, including Community Improvement District (CID) sales tax and Tax Increment Financing (TIF) programs, designed to boost ROI. Situated in a high-traffic area with strong community demographics, this property benefits from excellent accessibility, flexible zoning, and solid construction. Capitalize on a property with robust income potential and city-supported growth incentives. **Disclaimer**: All information provided in this listing is deemed reliable but is not guaranteed. Buyers and their agents are advised to independently verify all details, including but not limited to property features, measurements, and any other information with the seller or their agent prior to making decisions.
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Gathering Table inside Children's Memorial Lutheran Church Mosque
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Children's Memorial Lutheran Church - Food Distribution Center Food Bank Charitable Organization
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
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.
