2424 R D Mize RdIndependence, MO 64057

  • Retail space
  • 3,250 SF
For Lease
$7.95/SF/YR View listing

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
2424 R D Mize Rd, Independence, Missouri

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$18,036
$51,264
$168,480
$219,744
-
-
-
$686,700

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