5130 Prospect AveKansas City, MO 64130

Property Details for 5130 Prospect Ave

Lot size

0.93 AC

Property type

Land

Property subtype

Apartment buildings

Description

This exceptional investment opportunity presents 0.93 acres of land in Kansas City, Missouri, zoned B3-2. Located at 5130-46 Prospect Avenue, this property boasts a prime corner location with significant frontage on Prospect Avenue (304 feet) and E 52nd Street (134 feet), offering excellent visibility and accessibility. The lot includes two parcels (30-710-01-18-00-0-00-000 and 30-710-01-17-00-0-00-000) and features four curb cuts, providing ample driveway approaches. The property is situated on the MAX bus rapid transit line, near various businesses including Blue Hills Community Services, Bledsoe Rentals, and Myers Dental Clinic, ensuring high foot traffic and potential for strong tenant demand. Additional income is generated from billboard signage. Convenient access to US 71 Highway further enhances its strategic location. This property is within both an Urban Renewal District and an Enterprise Zone, offering potential tax benefits. The Swope area plan suggests development possibilities including single-family homes, townhomes, two-unit houses, and multi-unit dwellings (3-8 units) up to 17.4 units per acre. The asking price is $148,000, with a potential lease rate of $1,200 per month, NNN. All information is subject to verification.

Location Insight

City

Kansas City

County

Jackson

State

Missouri

Latitude

39.0326

Longitude

-94.5552

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