Office & Church-Venue-Daycare or Educational Facility
Office & Church-Venue-Daycare or Educational Facility - Price Reduction now offered at $19/sf !!!
Marketing description
Prime Investment Opportunity at 5001 Independence Ave, Kansas City, MO 64124!
Seller Relocating – Price Reduced to $265,000! Now priced at $19/SF, Motivated seller, but not distressed—pricing has been adjusted to attract qualified buyers capable of closing quickly.
Versatile property with tremendous potential: two buildings totaling 13,918 SF on a spacious 0.38-acre lot. Featuring a church space and seven office units across two stories, this property is well-suited for a variety of uses, including religious organizations, office rentals, multifamily, senior living, and more. Currently vacant, this value-add property offers a projected pro-forma CAP of 14.78%, making it a high-yield addition to any portfolio.
Located in an Opportunity Zone, it’s eligible for city grants and incentives, including Community Improvement District (CID) sales tax and Tax Increment Financing (TIF) programs, designed to boost ROI. Situated in a high-traffic area with strong community demographics, this property benefits from excellent accessibility, flexible zoning, and solid construction.
Capitalize on a property with robust income potential and city-supported growth incentives.
**Disclaimer**:
All information provided in this listing is deemed reliable but is not guaranteed. Buyers and their agents are advised to independently verify all details, including but not limited to property features, measurements, and any other information with the seller or their agent prior to making decisions.
Investment highlights
Location: 5001 Independence Ave, Kansas City, MO 64124
Total Space: 13,918 SF across two buildings on a 0.38-acre lot
Price per SF: $19
Current Layout: Includes a church space and seven office units across two stories
Flexible Use Potential: Ideal for religious organizations, office rentals, multifamily, senior living, and more
Vacant, Value-Add Opportunity: Ready for leasing with a projected pro-forma NOI of 14.78%
Opportunity Zone Location: Eligible for city grants and incentives to enhance ROI
Incentives Available: Includes Community Improvement District (CID) sales tax and Tax Increment Financing (TIF) programs
Prime Area: High-traffic location with favorable community demographics, excellent accessibility, and flexible zoning
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