Kansas City, MO 64108,3006 Cherry ST
Kansas City, MO 64108,3006 Cherry ST
Kansas City, MO 64108,3006 Cherry ST
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Dylan Van Gerpen

Dylan Van Gerpen

+1(816) 805-8393
Listed by Andrea Wardell • Wardell & Holmes Real Estate
$500,000
Est. payment /mo
0.29 Acres Lot
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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

Prime urban infill development opportunity positioned for tax-advantaged upside in the heart of Kansas City's fast-evolving core. 3006 Cherry Street is approximately ±12,082 SF parcel zoned M1-5, offering exceptional flexibility for commercial, mixed-use, and creative industrial concepts—with strong potential for tax abatement and Opportunity Zone strategies (buyer to verify eligibility and program requirements).
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

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Heartland MLS KS / Southeast Kansas AOR

Nearby Locations

SCHOOLS PROPERTIES
Elementary Schools 20
  • 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

Middle Schools 8
  • 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

High Schools 6
  • 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

School and business data provided by Attom Data.

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Dylan Van Gerpen

Dylan Van Gerpen

+1(816) 805-8393

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