14901 Us Highway 40Kansas City, MO 64136

Property Details for 14901 Us Highway 40

Year built

1950

Construction

WOOD

Lot size

4.44 AC

Property size (Sq ft)

851 SF

Property type

Auto shops

APN

33-630-14-04

APU

336301404

Description

This exceptional commercial property, located at 14901 E US Hwy 40 in Kansas City, Missouri, presents a unique investment opportunity. The 3,000 square foot, two-story building sits on a sizable 4.4-acre lot, offering ample space for a variety of uses. Currently configured as an auto shop, the property is zoned B-2, permitting a range of businesses including service garages, car sales, and tow lots. The property benefits from a significant advantage: underground storage tanks have been removed, and a "No Further Action" letter has been issued by the Missouri Department of Natural Resources, eliminating environmental concerns. The expansive fenced lot provides secure storage and operational space. Beyond the existing building, the property generates additional income through billboard revenue. The strategic location on Highway 40 ensures high visibility and accessibility. Further development potential exists, with possibilities including street retail, a pad site for additional construction, or even a quick-service restaurant. The asking price is $695,000. This property offers a blend of immediate income potential and long-term growth opportunities in a high-traffic area of Jackson County, zip code 64136.

• CAP approach

  CAP return

  Valuation

  6%

  $234,492

  6.5%

  $216,454

  7%

  $200,993

• Comparable approach

  Method

  Valuation

  Relative Method

  $153,398

  Geo Method

  $153,398

• Alternative Use

  Use

  Valuation

  Residential

  $182,587

  Hospitality

  $167,249

  Educational

  $139,149

  Medical

  $143,935

  Retail

  $216,454

Location Insight

City

Kansas City

County

Jackson

State

Missouri

Latitude

39.0342

Longitude

-94.4027

CBSA code

28140

CBSA name

KANSAS CITY, MO-KS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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