Prospect Avenue

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Prospect Avenue

Cleveland, MO 64734
Asking Price
$220K
Asset Type
Commercial Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Commercial land parcel spanning 9.68 total acres
  • Offered for sale at a price of 219950 dollars
  • Situated on Prospect Avenue in Cleveland, Missouri
  • Positioned within the Kansas City metropolitan area growth path
  • Zoning allows for potential commercial development site plans

What's Special

Cleveland, Missouri, serves as an evolving component of the Kansas City metropolitan area, providing a landscape characterized by accessible land tracts and regional connectivity. Prospect Avenue offers a 9.68-acre parcel of commercial land positioned for potential development projects within this growing sector. The site benefits from its suburban positioning, which typically accommodates businesses requiring larger footprints or specific logistical site planning. Prospective developers or investors may find utility in this acreage for diverse commercial applications that require proximity to regional thoroughfares while maintaining a distinct parcel presence outside the dense urban core. Given the size and location, the land allows for modular design options tailored to commercial or light industrial operations seeking a presence in the Missouri corridor. The flat topography and straightforward access on Prospect Avenue support long-term site planning for various commercial business models looking to capitalize on current regional growth trends.

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NOI
$80,000
Cap Rate
36.37%
DSCR
6.13
Strong
Cash-on-Cash
101.45%
Monthly Payment
$1,088.193
Annual Cash Flow
$66,941.689

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