8500 State Ave Kansas City, KS 66112
- Small apartment buildings
- 11.00 lot acres
Current Use by Public Records
- Small apartment buildings
Property Details for 8500 State Ave
- Lot size
- 11.00 lot acres
- Property type
- Small apartment buildings
Description
This exceptional investment opportunity presents 11 acres of prime commercial land in Kansas City, Kansas, ideally suited for multifamily development. The property boasts a strategic location at 8500 State Avenue, zip code 66112, within Wyandotte County. The expansive lot includes 9.27 acres fronting State Avenue and an additional 1.73 acres situated on North 84th Terrace, providing significant development potential. A notable feature is the 85-foot easement on 86th Street, extending access to the land on 84th Terrace. This expansive parcel offers approximately 580 feet of frontage, maximizing visibility and accessibility. The property is classified as land and multifamily, specifically a duplex/triplex/quadplex, presenting a unique chance to construct a substantial multifamily complex. The asking price for this significant investment is $1,250,000. Given its size, location, and frontage, this property represents a compelling opportunity for developers seeking a substantial project in a growing Kansas City market. The property's history suggests a possible connection to the Renaissance development, adding to its potential value and intrigue. This is a rare chance to acquire a large, well-positioned parcel ready for immediate development.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Kansas City
- County
- Wyandotte
- State
- Kansas
- Longitude
- -94.777122
- Latitude
- 39.1176559
