Commercial Land for Sale in Blue Springs, Missouri

1850 US-40 Hwy Blue Springs, MO 64015

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$840,799
17.16 acres
pending saleUnder contract

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

Coordinates
39.0225, -94.3363
Community
Blue Springs
Zoning
CP-2
Elevation
807 feet
MLS Number
HMLS 2505237
Date Posted

Legal description

Parcels

  • 34-700-01-11-00-0-00-000

This 17.16-acre property is located at 1850 US-40 Hwy in Blue Springs, MO 64015 with latitude 39.0225 and longitude -94.3363. The property is currently pending sale for $840,799 with a price per acre of $48,998. Listing data is sourced from Heartland Multiple Listing Service # 2505237.

Verify sale details at the property source or contact KW Kansas City Metro at (913) 825-7500.

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Copyright (C) 2024 Heartland Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Updated . Checked 1 hour ago. Parcel data by Regrid.

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