Property profile

603 23rd S St Independence, MO 64055

OFF-MARKET
Office buildings
Property ID
US48-0584345
455 SF 0.22 ac lot Built 1976
Entity Owned 4-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional freestanding retail property, located at 603-623 E. 23rd Street in Independence, Missouri, presents a unique opportunity for a single-tenant business. The building boasts a total of 415 square feet of readily available space, perfect for a variety of retail ventures. Situated in Jackson County, this property benefits from excellent visibility and accessibility, ensuring high foot traffic potential. The entire space is currently vacant, providing a blank canvas for a new tenant to customize and design their ideal retail environment. The address is conveniently located within Independence, Missouri, zip code 64055, offering easy access for both customers and employees. This single-tenant occupancy ensures complete control and flexibility for the lessee. The property's classification as "Freestanding, Commercial" further highlights its independent nature and potential for strong brand identity. This is an ideal opportunity for a business seeking a well-located, manageable, and highly visible retail space in a thriving Missouri community. The property is available for lease and ready for immediate occupancy. Interested parties are encouraged to inquire further to explore this promising retail investment.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1976
Construction WOOD
Total area 455 SF
Lot 0.22 ac (9,583 SF)
APN 26-540-03-09
UPID US48-0584345

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

603 23rd S St Independence, MO 64055-1504
Independence metro Census 12300 KANSAS CITY, MO-KS METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$85k

Owner & transaction history

since 2022
1 recorded transaction
2022
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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