3536 Noland RdIndependence, MO 64055

Property Details for 3536 Noland Rd

Year built

1974

Lot size

0.90 AC

Property size (Sq ft)

4,140 SF

Property type

Parking lots & garages

APN

33-220-01-46

APU

332200146

Description

This exceptional 39,218 square foot commercial land parcel presents a remarkable investment opportunity in Independence, Missouri. Located at 3536 S. Noland Road, this property boasts a prime location with excellent visibility and high traffic counts along a major thoroughfare. The land is priced at $18 per square foot, representing a compelling value for developers and investors seeking a strategic acquisition in a thriving market. The site's ideal configuration makes it an excellent pad site for a variety of commercial uses. The surrounding area features a strong mix of established businesses, including Carpet Corner, Dollar General, Jimmy Johns, Pizza Street, and other successful retailers, creating a vibrant and attractive commercial environment. This property is zoned for commercial development and offers significant potential for future growth and profitability. The sale type is designated as Investment - Owner/User, providing flexibility for various acquisition strategies. This is an exceptional opportunity to secure a highly desirable commercial land parcel in a prime location with strong existing infrastructure and a proven track record of commercial success. The property is situated in Jackson County, Missouri, with a zip code of 64055. The coordinates are 39.055758 latitude and -94.415377 longitude. This land offers a unique chance to capitalize on a high-traffic area and build upon the success of existing businesses in the immediate vicinity.

• CAP approach

  CAP return

  Valuation

  6%

  $1,140,771

  6.5%

  $1,053,019

  7%

  $977,804

• Comparable approach

  Method

  Valuation

  Relative Method

  $746,258

  Geo Method

  $746,258

• Alternative Use

  Use

  Valuation

  Residential

  $888,261

  Hospitality

  $813,642

  Educational

  $676,941

  Medical

  $700,222

  Retail

  $1,053,019

Location Insight

City

Independence

County

Jackson

State

Missouri

Latitude

39.0558

Longitude

-94.4154

CBSA code

28140

CBSA name

KANSAS CITY, MO-KS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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