Will Co-Broke

Redevelopment Opportunity

Commercial Real estate listings near KCMO, MO, US | Quantumlisting
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Listing was updated on: 09/27/2023
location icon 8202-8500 E Bannister Rd, Kansas City, MO, US
Land for Sale
from September 27, 2023

Approximately 849' of E Bannister Rd, a major east–west street and 462' of James A Reed Rd frontage, accessible from Wallace Ave.

From I-435 East: Take exit 69 toward 87th St., then take the 2nd exit at roundabout onto E 87th St and turn right on James A Reed Rd. Building will be on the left.

From I-470 West: Take Exit 4 toward Raytown Rd, turn right on Raytown Rd, then take left on Bannister Rd. Building will be on the right.

Portfolio of 2-assets for sale to include Robandee Shopping Center, a complete redevelopment ideal for new mixed-use neighborhood development. 8202: 106,750± SF neighborhood retail s/c on 459,280± SF of land (10.54± AC). The multi-tenant retail bldg of 27-units was built in late 1960's, entails large monument sign & 360± asphalt paved parking spaces. Cell Tower is leased. Please do not disturb retail MTM Tenants. Rent roll, 2019 Ph 1 Environmental & Property Condition Assessments upon request. 8500: 18,750± SF office/retail bldg on 51,792± SF of land (1.19± AC). The vacant bldg was built sometime between 1975-80 as an indoor roller skating facility, later converted into a furniture retail store circa 1986 then converted into offices in 2000. All of which is in various stages of disrepair and zoned B3-2, Community Business. Approximately 849' of E Bannister Rd, a major east–west street & 462' of James A Reed Rd frontage, accessible from Wallace Ave. Located w/in a continuously distressed census tract, the E Bannister Planned Industrial Expansion Area (PIEA), makes it eligible for tax abatement of 10 yrs at 100% of the increased property taxes, followed by up to 15 yrs of 50% tax abatement. Marketing as land. No access provided. SE Jackson County submarket near Oracle Cerner - Innovations Campus one of KC’s largest Employers w/plans to develop over 200-AC into office park, which has spurred nearby hospitality, retail, sports, single-family homes, & affordable, market rate & luxury multi-family development. Great access to major thoroughfares – Interstates 470, 435, & 70 and 71 & 350 Hwys.

The information above is from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice.