625 Willis AveIndependence, MO 64052

  • Warehouses
  • 7,200 SF
For Lease
$14.66/SF/YR View listing

Property Details for 625 Willis Ave

Year built
1923
Construction
METAL FRAME
Lot size
2.20 AC
Property size (Sq ft)
7,200 SF
Property type
Warehouses
Property subtype
Self storage facilities
APN
26-410-05-01-01
APU
26410050101

Description

This exceptional Independence, Missouri industrial property offers a diverse portfolio of seven buildings totaling 95,681 square feet. Situated on a 2.2-acre lot at 625 S Willis Avenue, this Class B property presents a unique investment opportunity. Building sizes vary, allowing for flexibility in tenant occupancy, with a minimum divisible space of 250 square feet and a maximum contiguous space of 5,500 square feet. Currently, 11,850 square feet are vacant, providing immediate potential for lease income. The property features a mix of manufacturing, flex, warehouse, and distribution spaces, catering to a wide range of businesses. Building amenities include ceiling heights ranging from 22 feet 8 inches to 110 feet, one dock-high door, and five drive-in doors. Electrical service is 200 amps. The property is zoned for warehouse use and benefits from its location in the Independence submarket of Eastern Jackson County, Missouri, with the address being 625 S Willis Ave, Independence, MO 64052. Built in 1907, this single-story complex presents a blend of historical character and modern industrial functionality. The property's diverse space options and strategic location make it an attractive investment for both owner-occupiers and investors seeking a strong return. Detailed information is available upon request.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,544,802
    Hospitality
    $1,415,030
    Educational
    $1,177,288
    Medical
    $1,217,777
    Retail
    $1,831,338

Location Insight

City
Independence
County
Jackson
State
Missouri
Latitude
39.0859
Longitude
-94.4292
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
$7,386
$52,832
$37,152
$89,984
-
-
-
$281,200

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