22721 E Us-24 Highway

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22721 E Us-24 Highway

Independence, MO 64056
Asking Price
$1.20M
Asset Type
Farm Land
Class
Class B

AI Property Summary

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

  • The site encompasses a total of 29.7 acres of land.
  • Located along the E US-24 Highway corridor in Independence.
  • The property is currently listed for sale at $1,200,000.
  • Categorized as farm land suitable for multiple potential applications.
  • Positioned within the growing Kansas City metropolitan area of Missouri.

What's Special

Priced at $1,200,000, this 29.7-acre parcel of land in Independence, Missouri, presents a straightforward acquisition for investors or developers. Situated along the E US-24 Highway corridor, the property benefits from the regional connectivity provided by the greater Kansas City metropolitan area. The landscape is classified as farm land, offering flexibility for ongoing agricultural operations or long-term strategic positioning within this expanding submarket. Given the substantial acreage and location near major transportation arteries, the site remains suitable for a variety of land-use applications. Potential buyers can capitalize on the geographic advantages of Jackson County, which continues to see steady interest from those seeking proximity to both urban infrastructure and rural access. This site represents a functional land holding for individuals or entities looking to grow their regional footprint in a well-established Missouri community.

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NOI
$80,000
Cap Rate
6.67%
DSCR
1.12
Tight
Cash-on-Cash
2.43%
Monthly Payment
$5,936.945
Annual Cash Flow
$8,756.657

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