2901 Holmes StKansas City, MO 64109

Property Details for 2901 Holmes St

Year built

1940

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.44 AC

Property size (Sq ft)

631 SF

Property type

Gas stations

APN

29-810-29-33

APU

298102933

Description

This exceptional 19,192 square foot lot at 2901 Holmes Street in Kansas City, Missouri, presents a prime development opportunity. Located in the desirable 64109 zip code, this property offers significant potential for residential construction. Concept plans are available, envisioning the development of five individual homes on this corner lot. The property's size and location make it an excellent value in a neighborhood characterized by higher-end new builds and renovations. Buyers will appreciate the convenient access to a variety of amenities, including shops, restaurants, the Crossroads Arts District, the Country Club Plaza, and downtown attractions. The property's proximity to Truman Medical Center, Children's Mercy Hospital, UMKC, and major highways adds to its appeal. Zoning information indicates BR-5 and R-2.5 classifications. The asking price for this remarkable property is $500,000. All land information should be independently verified by the buyer.

• CAP approach

  CAP return

  Valuation

  6%

  $173,871

  6.5%

  $160,496

  7%

  $149,032

• Comparable approach

  Method

  Valuation

  Relative Method

  $113,741

  Geo Method

  $113,741

• Alternative Use

  Use

  Valuation

  Residential

  $135,385

  Hospitality

  $124,012

  Educational

  $103,176

  Medical

  $106,725

  Retail

  $160,496

Location Insight

City

Kansas City

County

Jackson

State

Missouri

Latitude

39.0742

Longitude

-94.5762

CBSA code

28140

CBSA name

KANSAS CITY, MO-KS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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