2331 S Sterling Avenue

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2331 S Sterling Avenue

Independence, MO 64054
Asking Price
$175K
Asset Type
Commercial Land
Class
Class B

AI Property Summary

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

  • Commercial land parcel consisting of 20,920 total square feet.
  • Property is listed for sale at a price of $175,000.
  • Located at 2331 S Sterling Avenue in Independence, Missouri.
  • Situated within the accessible Kansas City metropolitan regional market.
  • The site is designated specifically for commercial asset development.

What's Special

This commercial land spans 20,920 square feet at 2331 S Sterling Avenue in Independence, Missouri. Positioned within a well-established submarket of the Kansas City metropolitan area, the site provides a scalable foundation for various commercial ventures. Investors and business owners can evaluate the parcel for development projects requiring proximity to regional transport arteries and suburban service nodes. The Independence area supports a steady local economy, benefiting from its strategic location in the broader Midwest logistics and commerce corridor. With its designated commercial sub-type, the lot offers flexibility for construction aligned with local zoning requirements. The property serves as a practical acquisition for parties seeking to expand their operational footprint or secure a position in this growing municipal market. Its layout and accessibility make it a candidate for retail, service-oriented, or light professional infrastructure investments intended to serve the surrounding community's demand.

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NOI
$80,000
Cap Rate
45.71%
DSCR
7.70
Strong
Cash-on-Cash
132.59%
Monthly Payment
$865.805
Annual Cash Flow
$69,610.346

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