5600 Raytown RdRaytown, MO 64133

Property Details for 5600 Raytown Rd

Year built

1979

Construction

WOOD

Lot size

0.59 AC

Property size (Sq ft)

3,200 SF

Property type

Office buildings

APN

32-840-04-95

APU

328400495

Description

This exceptional free-standing commercial building, situated on a prominent, high-traffic street in Raytown, Missouri, presents a unique investment opportunity. The property encompasses a sizable 0.3-acre lot, providing ample parking for customers and employees. The building itself is ideally suited for a variety of uses, including retail, restaurant, office, or even event space, offering significant versatility for prospective buyers. Recent improvements have significantly enhanced the property's functionality and appeal. These upgrades include a completely new sprinkler system, ensuring fire safety and compliance, as well as a modernized electrical system, providing reliable power for any business operation. Furthermore, the inclusion of a fully equipped commercial kitchen opens up possibilities for food-related ventures, adding considerable value to the property. The building's location on a busy thoroughfare guarantees high visibility and accessibility, making it an attractive proposition for businesses seeking maximum exposure. The 0.3-acre lot offers significant potential for expansion or outdoor seating, depending on the intended use. This turnkey property is ready for immediate occupancy and presents a compelling opportunity for a savvy investor or business owner seeking a well-maintained, versatile commercial space in a thriving location. The asking price of $600,000 reflects the property's exceptional condition, prime location, and significant recent upgrades.

• CAP approach

  CAP return

  Valuation

  6%

  $599,834

  6.5%

  $553,692

  7%

  $514,143

• Comparable approach

  Method

  Valuation

  Relative Method

  $228,896

  Geo Method

  $228,896

• Alternative Use

  Use

  Valuation

  Residential

  $686,579

  Hospitality

  $628,902

  Educational

  $523,239

  Medical

  $541,234

  Retail

  $813,928

Location Insight

City

Raytown

County

Jackson

State

Missouri

Latitude

39.0214

Longitude

-94.4679

CBSA code

28140

CBSA name

KANSAS CITY, MO-KS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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