14500 Us Highway 40Kansas City, MO 64136

Property Details for 14500 Us Highway 40

Year built

1998

Construction

WOOD

Lot size

0.01 AC

Property size (Sq ft)

1,368 SF

Property type

Turn key restaurants

APN

33-510-14-50-01

APU

33510145001

Description

This exceptional retail property, located at 14500 US Highway 40 in Kansas City, Missouri, presents a compelling investment opportunity. The 1,368 square foot building sits on a sizable 0.73-acre lot, offering significant potential for expansion or redevelopment. Constructed in 1998, the Class B building is a single-story structure with all utilities readily available on-site. The property boasts a highly desirable location on Highway 40, a major thoroughfare experiencing over 17,000 vehicles daily, ensuring high visibility and accessibility. Its strategic placement within a bustling retail corridor guarantees substantial foot traffic and exposure to a large customer base. The asking price is $250,000, translating to $182.75 per square foot. The property's convenient access to both Highway 40 and Interstate 70 further enhances its appeal, providing easy connectivity to the wider Kansas City metropolitan area. The property's parcel number (APN) is 33-510-14-50-00-0-00-000. This is an ideal location for a variety of retail businesses seeking a prominent presence in a high-traffic area. Don't miss this chance to acquire a valuable asset in a thriving commercial zone.

• CAP approach

  CAP return

  Valuation

  6%

  $376,950

  6.5%

  $347,954

  7%

  $323,100

• Comparable approach

  Method

  Valuation

  Relative Method

  $246,590

  Geo Method

  $246,590

• Alternative Use

  Use

  Valuation

  Residential

  $293,512

  Hospitality

  $268,856

  Educational

  $223,685

  Medical

  $231,378

  Retail

  $347,954

Location Insight

City

Kansas City

County

Jackson

State

Missouri

Latitude

39.0358

Longitude

-94.4096

CBSA code

28140

CBSA name

KANSAS CITY, MO-KS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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