UPDATED:
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Subdivision Springfield Place
MLS Listing ID 2597235
Annual Tax Amount $2,394
Lot Size 0.294 Acres
Acres 0.2938935
Property Sub-Type Industrial
Source hmls
Property Description
Located just east of Downtown and minutes from the Crossroads and Crown Center, the site sits within a corridor seeing sustained reinvestment, rising residential density, and expanding employment bases. This positioning creates an ideal framework for long-term capital gains deferral, abatement-driven NOI enhancement, and exit value compression through modern infill product.
Why This Works as a Tax Play
Opportunity Zone–eligible area (buyer to confirm): Potential for deferral and reduction of capital gains with long-term hold strategies.
Local tax abatement potential: Kansas City incentive programs may materially reduce real estate taxes during early years, improving project feasibility and cash flow.
M1-5 zoning flexibility: Supports adaptive reuse, light industrial, office, showroom, studio, and select residential or mixed-use applications—allowing creative structuring to maximize incentives.
Site & Market Advantages
Flat, utility-served lot with strong access and visibility
Central urban location with proven redevelopment momentum
Immediate proximity to Downtown, Crossroads, Crown Center, and major highway corridors
Assemblage optional: Can be acquired individually or as part of a larger land play to scale OZ benefits
Use Profile: Ideal for developers, owner-users, or investors seeking a tax-efficient infill strategy
Contact listing broker for detailed zoning allowances, incentive pathways (abatement/OZ), assemblage options, and underwriting support.
Location
State MO
County Jackson
Zoning M1-5
Interior
Fireplace N
Exterior
Utilities Available Other
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://iframe.videodelivery.net/e932964c99ed22a3652e6282a039a522
Nearby Locations
- 8
Westwood View Elementary School
Public | PK - 6
- 6
Crossroads Academy of Kansas City
Public | KG - 6
- 6
Whittier Elementary School
Public | PK - 6
- 5
Allen Village School
Public | KG - 8
- 5
Foreign Language Academy
Public | PK - 8
- 5
Scuola Vita Nuova Charter
Public | KG - 8
- 4
Frank Rushton Elementary School
Public | KG - 5
- 3
Gordon Parks Elementary School
Public | KG - 2
- 2
Lee A. Tolbert Community Academy
Public | KG - 8
- 1
Primitivo Garcia Elementary School
Public | PK - 6
- 1
Alta Vista Elementary School
Public | KG - 1
- 1
Longfellow Elementary School
Public | PK - 6
- 1
C. A. Franklin Elementary School
Public | PK - 6
- 1
Wendell Phillips Elementary School
Public | PK - 6
- 1
Della Lamb Elementary School
Public | KG - 8
- 1
Garfield Elementary School
Public | PK - 6
- 1
Kipp: Endeavor Academy
Public | 5 - 8
- 1
Hope Leadership Academy
Public | KG - 4
- 1
Phillis Wheatley Elementary School
Public | PK - 6
- 1
M. L. King Elementary School
Public | PK - 6
- 9
Lincoln College Preparatory
Public | 6 - 12
- 1
Rosedale Middle School
Public | 6 - 8
- 1
Alta Vista Middle School
Public | 6 - 8
- 1
Paseo Academy of Performing Arts
Public | 7 - 12
- 1
Central Academy of Excellence
Public | 7 - 12
- 0
The Plaza Academy
Private | 7 - 12
- 0
Alternative Resource Center
Public | 6 - 12
- 0
Artstech
Private | 7 - 12
- 1
Allen Village High School
Public | 9 - 12
- 1
Delasalle Charter School
Public | 9 - 12
- 0
Alta Vista Charter School
Public | 9 - 12
- 0
Cristo Rey Kansas City
Private | 9 - 12
- 0
Manual Career Tech. Center
Public | 11 - 12
- 0
Hope Academy
Public | 9 - 12
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