For Sale
$599,900

4512 Terrace St Kansas City, MO 64111

Rare Kansas City Multifamily Land Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
131
This exceptional investment opportunity presents a double lot spanning 7,474 square feet in Kansas City, Missouri's desirable West Plaza neighborhood. Priced at $599,900, this property offers a unique chance to acquire a substantial land parcel in a highly sought-after area. The site currently includes existing primary and accessory structures, although the electrical service is currently non-compliant and requires repairs before reinstatement. Due to the necessary repairs to make the buildings habitable, the property is categorized as land. Importantly, this represents a truly rare find, as infill lots are no longer eligible for consolidation under the updated Kansas City Zoning and Development Code, making future opportunities like this highly unlikely. The property's address is 4512 Terrace Street, Kansas City, MO 64111, situated within Jackson County. This presents a compelling opportunity for developers or investors seeking a prime location for future development or redevelopment in a vibrant and established neighborhood. The property's classification includes residential, apartment building, and duplex/triplex/quadruplex designations, reflecting its potential for various uses. Serious inquiries are encouraged to explore the possibilities of this unique West Plaza land holding.

Property Details for 4512 Terrace St

Property type
Land, Apartment buildings

Location Insight

City
Kansas City
County
Jackson
State
Missouri
Latitude
39.0457947
Longitude
-94.6026321

FAQs

What type of property is this?
Land - Rare Kansas City Multifamily Land Opportunity
Where is the land located?
The property is located at 4512 Terrace St Kansas City, MO.
What is the asking price?
The asking price for this property is $599,900.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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4512 Terrace St
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