Mixed-Use Development Land

Located on the northwest corner of E. 52nd St & Prospect Ave in Kansas City, MO. This 0.93± acre site offers visibility and flexibility for projects with B3-2 Community Business zoning and RMHD Residential Medium-High Density future land use designation. Nearby developments initiatives indicate a concerted effort to revitalize the Prospect Avenue corridor, enhancing its appeal for future investments and community growth.The parcel is available for sale or lease at $1,200 per month on an absolute triple net (NNN) basis. Suitable uses for this 0.93± acre parcel include small lot single-family homes, duplexes, townhomes, low-rise multi-family housing, and mixed-use projects with neighborhood-scale retail or office spaces. The site allows a density of up to 17.4 units per acre and is equipped with access to water, sewer, gas, and overhead power utilities, along with attractive development incentives.The ground lease is $1,200 monthly on an absolute triple net (NNN) basis, ideal for users seeking a strategic location to establish or expand operations. Perfect for ground lease users such as retail, drive-through services, quick-service restaurants, or small-scale commercial developments, the property features robust infrastructure, including access to water, sewer, gas, and power utilities. Its location within the ProspectUS Corridor Overlay ensures proximity to key transit routes, including the MAX bus rapid transit line, and direct access to US 71 Highway, providing excellent visibility and accessibility. Development incentives, including 10-year tax abatements and Missouri WORKS income tax benefits, enhance the site's appeal for long-term ground lease tenants.