Commercial Land for Sale in Blue Springs, Missouri
1850 US-40 Hwy Blue Springs, MO 64015
PRICE REDUCTION ALERT! Recently Signed 5-Year Lease
MONTESSORI CHILDREN'S HOUSE OF BLUE SPRINGS presents a prime investment opportunity at 1850 NE US 40 Hwy, Blue Springs, MO 64015.
This well-maintained 11,000 sq ft, two-story building is situated on a sprawling 17-acre conservation land, offering ample space and versatility. The current tenant, Montessori Children's House, has successfully operated at this location for 12 years and recently signed another 5year lease, highlighting their established reputation within the local community.
There is no deferred maintenance on the building, ensuring immediate profitability and minimal upkeep costs. The property is ideally suited for various uses should the next owner decide to change its purpose at the end of the lease term. Ample private parking spaces and landscaped areas enhance its appeal, providing convenience and aesthetic value.
With a solid tenant boasting a 100% occupancy rate, a cap rate of 8.25% (9.34% by Yr 5), and seamless accessibility with 24/7 availability in East Jackson County, this property offers a lucrative investment opportunity. Its proximity to a population of over 43,000 within 3 miles and a median household income of $84,968 further enhances its investment appeal.
Serious buyers only. Please, no solicitation. To schedule a showing or for more information, reach out to the listing agent. Don't miss out on this unique chance to acquire a successful income-generating property with significant growth potential in Blue Springs!
Directions
Head east on I-70 E from Kansas City.
Continue on I-70 E for about 15 miles.
Take exit 21 for Missouri 7 toward Blue Springs/South.
Turn left onto Missouri 7 N/S 7 Hwy.
Continue north on Missouri 7 N for about 1 mile.
Turn right onto NE US-40 Hwy.
Continue on NE US-40 Hwy for about 1 mile; 1850 NE US 40 Hwy will be on your right.
Property details
- County
- Jackson County
- Community
- Blue Springs
- Zoning
- CP-2
- Elevation
- 807 feet
- MLS Number
- HMLS 2505237
- Date Posted
Legal description
GOLF PARK LOT 2
TARMAC PLACE LOTS 1A AND 2A --- LOT 2A
Parcels
- 34-700-01-11-00-0-00-000
Detailed attributes
Listing
- Type
- Commercial Sale
- Subtype
- Office
- Franchise
- Keller Williams Realty
Exterior
- Parking
- Parking Lot, Paved or Surfaced
Listing history
Date | Event | Price | Change | Source |
---|---|---|---|---|
Oct 23, 2024 | Under contract | $840,799 | — | HMLS |
Oct 16, 2024 | Back on market | $840,799 | $9,201 -1.1% | HMLS |
Aug 26, 2024 | Under contract | $850,000 | — | HMLS |
Aug 17, 2024 | New listing | $850,000 | — | HMLS |