8543 Mckinley Ave, Kansas City, MO 64157
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
5 recent transactions · within 1.5 miComparable in this City
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Property description
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