For Sale
$120,000

8140 Troost Ave Kansas City, MO 64131

1.87 Acres, 48-Unit Potential, Approved Plans

Overview

Added:
Dec 11, 2024
Days on market:
128
This exceptional 1.87-acre parcel located at 8140 Troost Avenue in Kansas City, Missouri, presents a remarkable multifamily development opportunity. Previously approved for a 48-unit project, this site is situated within the vibrant and rapidly growing Troost Avenue corridor, offering significant potential for substantial returns. The property boasts existing plans and approvals, streamlining the development process and minimizing upfront hurdles. Furthermore, tax abatements are in place, providing significant financial advantages to the future developer. The seller is prepared to provide comprehensive documentation, including detailed plans, approval documents, and information regarding the tax abatements. This is a turnkey opportunity for an investor seeking to capitalize on the burgeoning real estate market in this dynamic area of Kansas City. The asking price of $120,000 represents an exceptional value for a site of this size and potential, with its pre-approved development plans and advantageous tax incentives. The property's 64131 zip code and Jackson County location further enhance its desirability. This is a rare chance to acquire a fully prepared development site in a high-growth area, ready for immediate action. Don't miss this chance to secure a prime piece of Kansas City real estate.

Highlights

  • $120,000 asking price.
  • 1.87-acre lot.
  • Previously approved for a 48-unit multifamily development.
  • Located in the rapidly redeveloping Troost Avenue corridor, Kansas City, MO.
  • Seller possesses development plans, approvals, and tax abatement information.

Property Details for 8140 Troost Ave

Property type
Land, Apartment buildings
Lot Size (sq. ft)
81,457 SF

Location Insight

City
Kansas City
County
Jackson
State
Missouri
Latitude
38.979823
Longitude
-94.577479
8140 Troost Ave, Kansas City, Missouri

FAQs

What type of property is this?
Land - 1.87 Acres, 48-Unit Potential, Approved Plans
Where is the land located?
The property is located at 8140 Troost Ave Kansas City, MO.
What is the asking price?
The asking price for this property is $120,000.
What are key features of this property?
This property features: $120,000 asking price.; 1.87-acre lot.; Previously approved for a 48-unit multifamily development.
How can I contact the broker?
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8140 Troost Ave
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