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Property profile & analytics
FOR SALE
Commercial real estate

508 Wallace Ave Kansas City, MO 64125

Property ID
US48-1469448
Property summary
AI-generated overview

This exceptional 7,032 square foot residential lot presents a unique opportunity for development in Kansas City, Missouri. Previously occupied by a single-family home, the property is now cleared and ready for its next chapter. Located at 508 Wallace Avenue, in the 64125 zip code, this vacant land offers significant potential for building a new home or undertaking a residential construction project. The lot is situated within Jackson County and benefits from its convenient location within a well-established residential neighborhood. The property's zoning is residential, ensuring compliance with local building codes and regulations. With its generous size and prime location, this lot is ideal for those seeking to build their dream home or for investors looking for a promising residential development project. The asking price of $44,000 makes this an attractive investment opportunity in the Kansas City real estate market. The property's latitude and longitude coordinates are 39.1052435 and -94.4835571 respectively. Serious inquiries are encouraged to explore the possibilities this land offers. All information provided is deemed reliable but not guaranteed.

Property profile
Verified
Property type Commercial real estate
UPID US48-1469448
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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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