For Sale
$680,000

19250 50Th Ter Independence, MO 64055

1.96-acre commercial lot, high traffic

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional 1.96-acre commercial property in Independence, Missouri, presents a lucrative investment opportunity. Located at 19250 E 50th Terrace S, this multifamily land parcel boasts a highly desirable C2 zoning, allowing for a wide range of commercial business ventures. The property enjoys exceptional visibility from Highway 291, benefiting from high-volume traffic and easy highway access. Its strategic location places it within a quarter-mile of hotels, restaurants, and shopping centers, ensuring high foot traffic and customer convenience. The lot is fully developed, with all essential utilities readily available on-site, simplifying development and reducing upfront costs. This property is particularly attractive due to its location in a rapidly growing area of Independence, promising strong future returns. Note that this 1.96-acre parcel can be purchased as part of a larger 4.33-acre package, including an adjacent tract (see listing for 19255 E 50th Ter S for details). The asking price for this prime commercial land is $680,000, representing a compelling investment in a thriving Missouri market. The property is classified as a duplex/triplex/quadruplex, offering significant potential for rental income.

Highlights

  • $680,000 asking price.
  • 1.96-acre lot, multifamily property (duplex/triplex/quadruplex).
  • Located at 19250 E 50th Terrace S, Independence, MO 64055.
  • C2 Commercial zoning with high visibility from Highway 291.
  • Excellent location in a rapidly growing area with high traffic volume and proximity to hotels, restaurants, and shopping.
  • Utilities are on-site.

Property Details for 19250 50Th Ter

Property type
Land, Apartment buildings
Lot Size (sq. ft)
85,378 SF

Location Insight

City
Independence
County
Jackson
State
Missouri
Latitude
39.026585
Longitude
-94.359557

FAQs

What type of property is this?
Land - 1.96-acre commercial lot, high traffic
Where is the land located?
The property is located at 19250 50Th Ter Independence, MO.
What is the asking price?
The asking price for this property is $680,000.
What are key features of this property?
This property features: $680,000 asking price.; 1.96-acre lot, multifamily property (duplex/triplex/quadruplex).; Located at 19250 E 50th Terrace S, Independence, MO 64055.
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19250 50Th Ter
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