3504 NW 62ND Terrace

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3504 NW 62ND Terrace

Kansas City, MO 64151
Asking Price
$98K
Asset Type
Commercial Land
Class
Class B

AI Property Summary

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

  • Commercial land parcel measuring 10,454 square feet for sale.
  • Property is situated in Kansas City, Missouri 64151.
  • Asking price for the commercial development site is $98,000.
  • Located within a growing commercial submarket in Kansas City.
  • Site coordinates are 39.2081 latitude and -94.6205 longitude.

What's Special

This 10,454 square foot commercial land parcel presents a strategic development prospect for investors or businesses seeking to establish a footprint in Kansas City, Missouri. The site provides a flexible canvas for a range of commercial projects tailored to the specific needs of the 64151 ZIP code submarket. Kansas City continues to serve as a critical logistics and commercial hub in the Midwest, characterized by a diverse regional economy and a stable suburban population base that supports ongoing development activity. The parcel is well-positioned for entities looking to capitalize on existing infrastructure in a growing area of the metro. Its size and accessibility make it a suitable choice for professional services, boutique retail, or specialized commercial operations requiring proximity to regional transportation arteries. Prospective buyers should conduct independent due diligence regarding utility access and specific zoning requirements to ensure the site aligns with their intended commercial use cases within this established community.

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NOI
$80,000
Cap Rate
81.63%
DSCR
13.75
Strong
Cash-on-Cash
252.32%
Monthly Payment
$484.851
Annual Cash Flow
$74,181.794

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