RETAIL SHOPPING CENTER FOR SALE IN KANSAS CITY, MO at 9402-9410 Blue Ridge Blvd in Kansas City MO presents an exceptional investment opportunity in a prime 1.5-acre property located in an Opportunity Zone, qualifying for city incentives. With owner financing available, this investment offers valuable flexibility for buyers. 11,345 SF retail spaces, featuring flexible B3-2 zoning, is a prime value-add opportunity. With a pro-forma NOI of $91,486-$109,593 and a pro-forma cap rate of 16.2%-19.45%, the property delivers strong income potential, including additional revenue from parking leased to an adjacent business. The building currently holds four units, expandable to six, and includes ample parking for 40 vehicles. Located in a thriving commercial district in Jackson County, this property enjoys 24/7 accessibility and high traffic visibility. The surrounding area supports a population of over 39,000 and a median household income of $39,659, positioning this center as an ideal retail site. Don’t miss out on this outstanding retail investment opportunity in Kansas Citycontact us today for more information! **Disclaimer: All information provided is deemed reliable but is not guaranteed and should be independently verified. Buyers and their agents are encouraged to conduct due diligence to confirm the accuracy of all details.
Mls | 2518392 |
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Listing Type | For Sale |
Style | Retail |
Subtype | Resale |
Status | Active |
Year | 1970 |
Days On Site | 31 |
Listing Provided By | KW KANSAS CITY METRO | TJ Jebali |
Storys | 1 |
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Zoning | Comm |
Acreage | 1.50 |
State | MO |
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County | Jackson |
City | Kansas City |
Zip Code | 64138 |
Area | 203 South K.C. Mo | Grandview Area |
Community Name | Other |
Listing VS Median (in Other) | |
Price: $565,000 low | high Med: $249,999 On Site: 31 low | high Med: 22.000000 |