11911 Us Highway 40Independence, MO 64055

  • Automotive properties
  • 460 SF

Property Details for 11911 Us Highway 40

Year built
1990
Construction
WOOD
Lot size
3.60 AC
Property size (Sq ft)
460 SF
Property type
Automotive properties
APN
33-330-12-19
APU
333301219

Description

This exceptional one-acre commercial land parcel presents a unique investment opportunity. Situated on US Highway 40, this pad site boasts unparalleled visibility and accessibility, benefiting from a daily traffic count exceeding 14,700 vehicles on US 40 and over 106,000 vehicles on the nearby I-70. The property's strategic location places it within a thriving commercial corridor, surrounded by established national retailers including Walmart Supercenter, Lowe's, Starbucks, and McDonald's. Its proximity to Burlington Clothing Store and Crash Champions further enhances its desirability. The lot features a 284-foot frontage, providing ample space for development. Located in Jackson County, this single-tenancy land parcel offers significant potential for businesses seeking high visibility and convenient access to a substantial customer base. The property's size and location make it suitable for a variety of commercial uses, presenting a compelling opportunity for investors and developers alike. This is a rare chance to secure a prime commercial site in a high-traffic area with excellent visibility and established neighboring businesses. Don't miss this opportunity to establish your business in a prime location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $126,752
    6.5%
    $117,002
    7%
    $108,645
  • Comparable approach

    Method
    Valuation
    Relative Method
    $82,918
    Geo Method
    $82,918
  • Alternative Use

    Use
    Valuation
    Residential
    $98,696
    Hospitality
    $90,405
    Educational
    $75,216
    Medical
    $77,802
    Retail
    $117,002

Location Insight

City
Independence
County
Jackson
State
Missouri
Latitude
39.0443
Longitude
-94.437
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
$64,181
$297,696
$384,320
$682,016
-
-
-
$2,131,300

FAQs

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