8121 Wornall RdKansas City, MO 64114

  • Retail space
  • 6,237 SF
For Sale
$1,200,000 View listing

Property Details for 8121 Wornall Rd

Year built
1959
Construction
WOOD
Lot size
0.24 AC
Property size (Sq ft)
6,237 SF
Property type
Retail space
APN
47-830-22-10
APU
478302210

Description

This exceptional retail storefront property, located at 8121 Wornall Road in Kansas City, Missouri, presents a compelling investment opportunity. Priced at $1,200,000, the property boasts excellent Wornall Road frontage, a high-traffic location within the 64114 zip code, and includes not only the main building but also two additional adjacent lots, significantly expanding development potential. The property's classification is retail storefront, making it ideal for a variety of commercial uses. The building's precise dimensions and internal features are not currently specified. However, the substantial land area, combined with the prime location, offers significant advantages for a prospective buyer. Further enhancing the investment potential, the seller is also offering two additional buildings located to the north of this property for sale (details available upon request). This presents a unique opportunity to acquire a portfolio of properties in a desirable Kansas City location. The property's address is verified as 8121 Wornall Rd, Kansas City, Jackson County, Missouri, 64114. The geographic coordinates are 38.9807085 latitude and -94.5944981 longitude. This is a rare chance to secure a substantial retail presence in a thriving area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,718,596
    6.5%
    $1,586,396
    7%
    $1,473,082
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,124,254
    Geo Method
    $1,124,254
  • Alternative Use

    Use
    Valuation
    Residential
    $1,338,185
    Hospitality
    $1,225,770
    Educational
    $1,019,826
    Medical
    $1,054,900
    Retail
    $1,586,396
8121 Wornall Rd, Kansas City, Missouri

Location Insight

City
Kansas City
County
Jackson
State
Missouri
Latitude
38.9807
Longitude
-94.5944
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
$16,758
$69,216
$110,016
$179,232
-
-
-
$560,100

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