7114 Oak TrfyGladstone, MO 64118

Property Details for 7114 Oak Trfy

Lot size

5.18 AC

Property type

Industrial properties

Property subtype

Industrial live-work properties

APN

13-613-00-12-003-00

APU

13613001200300

Description

This exceptional investment opportunity presents a 5.4-acre parcel of land located at 7114 N Oak Trafficway in Gladstone, Missouri, zip code 64118. The property is classified as both commercial and multifamily, specifically a duplex, triplex, or quadplex. The asking price for this substantial land holding is $825,000. Situated in Clay County, Missouri, this property offers significant potential for development or expansion of existing multifamily structures. The precise configuration of existing buildings, if any, is not specified in the provided information. The substantial lot size provides ample space for various development scenarios, catering to a range of investment strategies. Given its location in Gladstone, MO, the property benefits from access to local amenities, transportation networks, and a potentially strong rental market. Further due diligence is recommended to fully assess the property's potential and to confirm the suitability for intended uses. This is a rare opportunity to acquire a sizable multifamily land parcel in a desirable Missouri location. The property's zoning and permitted uses should be verified independently. All interested parties are encouraged to conduct thorough inspections and assessments before making an offer. This information is provided as is, without warranty or guarantee.

• CAP approach

  CAP return

  Valuation

  6%

  $52,446,972

  6.5%

  $48,412,588

  7%

  $44,954,548

• Comparable approach

  Method

  Valuation

  Relative Method

  $25,017,156

  Geo Method

  $25,017,156

• Alternative Use

  Use

  Valuation

  Residential

  $48,412,588

  Hospitality

  $44,345,672

  Educational

  $36,895,080

  Medical

  $38,163,956

  Retail

  $57,392,344

Location Insight

City

Kansas City

County

Clay

State

Missouri

Latitude

39.2233

Longitude

-94.5774

CBSA code

28140

CBSA name

KANSAS CITY, MO-KS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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