7200 Us Highway 40Kansas City, MO 64129

  • Warehouses
  • 1,377 SF
For Sale
$6,800,000 View listing

Property Details for 7200 Us Highway 40

Year built
1991
Construction
METAL FRAME
Lot size
3.76 AC
Property size (Sq ft)
1,377 SF
Property type
Warehouses
Property subtype
Self storage facilities
APN
28-710-05-01-01
APU
28710050101

Description

This exceptional 13-acre industrial outdoor storage (IOS) site in Kansas City, Missouri, presents a compelling investment opportunity. Located at 7200 E US Hwy 40, Jackson County, zip code 64129, this Class A property boasts a newly developed 5,000 square foot warehouse/maintenance facility, built in 2024, currently leased to a national credit tenant. The site features three loading docks and impressive ceiling heights ranging from 20 to 22 feet. The property is zoned M1-5, offering flexibility for various industrial uses. Approximately 9 acres are currently occupied by the owner, who will vacate upon closing, providing significant expansion potential for the new owner. The asking price is $6,800,000, translating to a price per square foot of $1,360. This single-story building sits on a substantial 13-acre lot, providing ample space for storage, operations, and future development. The property's strategic location in Kansas City offers excellent access to major transportation routes and a robust workforce. This is a rare opportunity to acquire a high-quality, newly developed industrial site with significant upside potential in a thriving market. Detailed financial information and lease terms are available upon request.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $295,443
    Hospitality
    $270,625
    Educational
    $225,156
    Medical
    $232,900
    Retail
    $350,243
7200 Us Highway 40, Kansas City, Missouri

Location Insight

City
Kansas City
County
Jackson
State
Missouri
Latitude
39.0684
Longitude
-94.498
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
$4,739
$23,072
$28,128
$51,200
-
-
-
$160,000

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