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    OFF-MARKET
    Commercial real estate

    8543 Mckinley Ave, Kansas City, MO 64157

    0.91 ac lot
    Property ID
    US48-3013215
    Property summary
    AI-generated overview

    This exceptional 0.91-acre residential lot in Kansas City, Missouri, presents a unique opportunity for building a single-family home. Located at 8543 N McKinley Avenue, in the 64157 zip code, this property is actually two lots consolidated into one, currently owned by Starr Homes LLC. The buyer is required to construct a single-family residence in accordance with the Eagle Pointe community's Covenants, Conditions, and Restrictions (CC&Rs). The annual homeowner's association (HOA) fee is $1750 per lot; therefore, the total annual HOA fee for this combined parcel is $3500. This property offers significant flexibility. The seller is open to negotiating a division of the parcel back into its original two separate lots, should the buyer prefer to build on only one. This allows for potential customization and tailored development to suit individual needs and preferences. The property is situated in Clay County and offers a desirable location within Kansas City. The asking price for this remarkable opportunity is $370,000. Serious inquiries are encouraged.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 0.91 ac (39,640 SF)
    UPID US48-3013215
    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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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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