Inside a Rare 14-Acre Kansas City Estate | Property Spotlight | 10907 E. 87th St

Guest:
Host: 
Logan Freeman, Managing Broker, Midwest CRE Advisors

In this Property Spotlight episode of The Kansas City Market Pulse, host Logan Freeman and Parker Williams walk through 10907 E. 87th Street in Kansas City, Missouri, a rare 14.26-acre campus-style property with significant redevelopment potential.

The property features seven buildings with 11 renovated residential units and is offered at $1.6 million.

Episode Highlights:

  • The Campus: 14.26 acres of rolling land with seven existing buildings.
  • Unit Mix: Six two-bedroom units, three studios and two single-family homes.
  • Fully Renovated: Every multifamily unit has been renovated; the project is about 85 to 90% complete.
  • Protected Use: R-80 zoning with a certificate of non-conforming use that protects the existing multifamily.
  • Finishing Work: About $87,000 of road and parking work remains, and the owner is willing to complete it.

A property that does not fit a traditional category, with room for investors, owner-users and institutions.

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