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Property profile & analytics
OFF-MARKET
Land

8116 Oak Trfy Kansas City, MO 64118

0.7 ac lot
Property ID
US48-0922997
Property summary
AI-generated overview

This exceptional 0.7-acre commercial land parcel, located at 8116 N Oak Trafficway in Kansas City, Missouri (zip code 64118), presents a unique opportunity for multifamily development. The property boasts pre-approved zoning and building permits for a 40-unit multifamily project, significantly streamlining the development process. All necessary plans and city-approved construction drawings are included in the sale, saving considerable time and resources. Note that approvals require renewal. Situated on a major thoroughfare in North Kansas City, this site benefits from high visibility and exceptional traffic counts, averaging 35,447 weekly impressions. Its strategic location offers unparalleled convenience, being within a half-mile radius of an elementary school, a high school, a freeway entrance, and a thriving commercial corridor brimming with shops and restaurants. This prime location ensures strong tenant demand and easy access to essential amenities. The property's zoning is specifically designated for multifamily development, making it an ideal investment for developers seeking a fast-track project with significant potential for return. Clay County location provides additional advantages.

Property profile
Verified
Property type Land
Lot 0.7 ac (30,492 SF)
UPID US48-0922997
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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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