2424 R D Mize RdIndependence, MO 64057
- Retail space
- 3,250 SF
Property Details for 2424 R D Mize Rd
- Year built
- 1994
- Construction
- WOOD
- Lot size
- 0.82 AC
- Property size (Sq ft)
- 3,250 SF
- Property type
- Retail space
- APN
- 25-430-01-37
- APU
- 254300137
Description
This exceptional 7,000-square-foot industrial property, located at 2424 E. R D Mize Road in Independence, Missouri, offers a versatile flex space ideal for various business needs. Currently, 3,500 square feet of space is available for lease within this multi-tenant building, constructed in 1994. The building boasts a climate-controlled warehouse area featuring approximately 16-foot ceilings, three 12-foot drive-in garage doors, and convenient direct warehouse access. The office space is well-appointed with a private office, built-in cabinets, a reception area, break room, and multiple bathrooms. Situated on approximately 0.82 acres and zoned C2, this property provides ample space and flexibility. The building is conveniently located near Highway 291 in the East Jackson County submarket of Independence, MO, zip code 64057. The lease rate is $7.95 per square foot, plus $2.28 per square foot for NNN expenses. The maximum contiguous space available is 3,500 square feet, distributed across three total suites. This property presents a significant opportunity for businesses seeking a well-maintained and strategically located industrial space in a thriving area.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $895,533
- 6.5%
- $826,646
- 7%
- $767,599
-
Comparable approach
- Method
- Valuation
- Relative Method
- $585,831
- Geo Method
- $585,831
-
Alternative Use
- Use
- Valuation
- Residential
- $697,306
- Hospitality
- $638,729
- Educational
- $531,415
- Medical
- $549,691
- Retail
- $826,646
Location Insight
- City
- Independence
- County
- Jackson
- State
- Missouri
- Latitude
- 39.0743
- Longitude
- -94.3774
- CBSA code
- 28140
- CBSA name
- KANSAS CITY, MO-KS METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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