7975 Parallel Pkwy Kansas City, KS 66112
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.
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
Similar Nearby for Lease
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.