508 Wallace Ave Kansas City, MO 64125
For Sale
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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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
3 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.