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Property profile & analytics
FOR SALE
Commercial real estate

9601 E 83Rd St Raytown, MO 64138

2.06 ac lot
Property ID
US48-1107882
Property summary
AI-generated overview

This exceptional 2.06-acre property, located at 9601 E 83rd Street in Raytown, Missouri, presents a unique opportunity for residential development. Boasting 212 feet of frontage on 83rd Street, just west of Raytown Road and Oak Creek Farm, this land offers unparalleled convenience within the town limits. The expansive lot size allows for the construction of a single-family residence, fulfilling the dream of building a custom home tailored to individual needs and preferences. Alternatively, the property's size and location lend themselves to subdivision into several individual lots, creating a potential for multiple residential builds. For investors seeking higher returns, the possibility of rezoning with the city to allow for multifamily development exists, significantly increasing the property's value and potential rental income. The property's zip code is 64138, and it is situated in Jackson County. This versatile land parcel offers a multitude of possibilities, making it an attractive investment for both builders and developers seeking a prime location in Raytown. The asking price for this remarkable property is $69,500. Don't miss this chance to acquire a piece of Raytown's promising real estate market.

Property profile
Verified
Property type Commercial real estate
Lot 2.06 ac (89,734 SF)
UPID US48-1107882
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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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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