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Property profile & analytics
OFF-MARKET
Small apartment buildings

7975 Parallel Pkwy Kansas City, KS 66112

Property ID
US33-0775254
Property summary
AI-generated overview

This exceptional 11,761 square foot lot, located at 7975 Parallel Parkway in Kansas City, Kansas (zip code 66112), presents a unique investment opportunity. Zoned for multifamily development, this property is ideally suited for the construction of a duplex. The asking price is $30,000, making it an attractive proposition for both builders and investors. Its convenient location offers proximity to shopping near the Legends outlet mall, enhancing its appeal and potential rental income. The lot's size allows for the creation of a comfortable and spacious duplex, catering to the growing demand for rental properties in the area. This is a turnkey opportunity to build to suit, potentially living in one unit while generating rental income from the other. Alternatively, the lot could be subdivided to create additional buildable lots, further increasing the investment potential. This property is ready for immediate development, presenting a rare chance to capitalize on the thriving Kansas City real estate market. The property is classified as land and multifamily, with a residential subtype specifically identifying it as suitable for a duplex, triplex, or quadplex. This prime location in Wyandotte County offers a compelling combination of convenience, affordability, and development potential.

Property profile
Verified
Property type Small apartment buildings
UPID US33-0775254
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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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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