Property profile

9721 Elm Ave Kansas City, MO 64134

FOR SALE
Land
Property ID
US48-0679929
27.63 ac lot
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Property summary

AI-generated overview

This exceptional 27.63-acre parcel of land presents a remarkable opportunity for residential development in a prime Kansas City, Missouri location. Situated at 9721 Elm Avenue, in Jackson County, zip code 64134, this property boasts a desirable wooded setting. Its strategic location offers convenient access to both Raytown and Lee's Summit, placing it within a thriving and rapidly expanding area of the city. The proximity to the new Cerner Innovations Campus further enhances its appeal and potential for significant return on investment. The expansive acreage provides ample space for the creation of a substantial single-family home community or a multifamily housing development, catering to the growing demand for residential properties in this high-growth zone. The land's characteristics make it an ideal canvas for a visionary project, promising a lucrative venture for developers seeking to capitalize on the area's burgeoning residential market. This is a rare opportunity to acquire a large, well-located parcel of land with exceptional potential for future development. The asking price for this property is $450,000. Detailed site plans and surveys are available upon request.

Property profile

Verified
Property type Land
Lot 27.63 ac (1,203,563 SF)
UPID US48-0679929

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

9721 Elm Ave Kansas City, MO 64134
Kansas City metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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