401 Independence StHarrisonville, MO 64701

Property Details for 401 Independence St

Year built

1994

Lot size

0.20 AC

Property size (Sq ft)

1,080 SF

Property type

Office buildings

APN

13-21-41-204-000-022.000

APU

132141204000022000

Description

This versatile mixed-use property at 401 N Independence St, Harrisonville, MO 64701, presents a unique investment opportunity. Currently vacant, this building offers 1,500 square feet of space previously used as a counseling office. Originally a three-bedroom, one-and-a-half-bathroom residential home, it can easily be converted back to residential use, subject to Cass County regulations. The building features a durable lifetime metal roof, minimizing maintenance costs. The interior boasts attractive plank wooden flooring, adding warmth and character. Situated on a corner lot, this property provides excellent visibility and accessibility. Ideal for owner-users seeking a blend of functionality and charm, this building offers significant potential for various uses, from professional office space to a comfortable home. The asking price is $219,000. All information should be independently verified by the buyer.

• CAP approach

  CAP return

  Valuation

  6%

  $211,638

  6.5%

  $195,358

  7%

  $181,404

• Comparable approach

  Method

  Valuation

  Relative Method

  $77,252

  Geo Method

  $77,252

• Alternative Use

  Use

  Valuation

  Residential

  $242,244

  Hospitality

  $221,894

  Educational

  $184,614

  Medical

  $190,963

  Retail

  $287,177

Location Insight

City

Harrisonville

County

Cass

State

Missouri

Latitude

38.6567

Longitude

-94.3484

CBSA code

28140

CBSA name

KANSAS CITY, MO-KS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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