10907 E. 87th Street presents a rare opportunity to acquire a 14.26-acre, campus-style property in Kansas City, Missouri. The property features seven existing buildings and 11 residential units situated among mature trees, rolling topography and expansive open land.
A Certificate of Non-Conforming Use protects the property’s existing multifamily operations, providing a valuable legal foundation for continued residential use. Current ownership has invested approximately $1.8 million in renovations, construction, infrastructure and site improvements, bringing the project to approximately 85% completion. A new owner can complete the remaining improvements, secure the necessary certificates of occupancy and stabilize the property.
The property offers flexibility for several potential strategies, including market-rate rentals, employee housing, transitional housing, nonprofit programming, therapies or a faith-based campus. Existing structures occupy only a portion of the site, leaving significant acreage for future development or long-term land appreciation.
Located in East Kansas City, the property provides convenient access to I-435, I-70, US-40 and MO-350, connecting it to Downtown Kansas City, Independence, Blue Springs and Lee’s Summit. This offering combines protected residential use, substantial completed improvements and long-term redevelopment potential within one unique
metropolitan property.
Investment Highlights
Rare 14.26-acre, campus-style investment opportunity in Kansas City, Missouri
Seven existing buildings comprising 11 residential units across 614,888 square feet of land
Certificate of Non-Conforming Use protects the property’s existing multifamily operations
Approximately $1.8 million invested in renovations, construction, infrastructure and site improvements
Project is approximately 85% complete, allowing a buyer to finish the remaining work and stabilize operations
Multiple potential strategies, including market-rate rentals, staff housing, transitional housing, nonprofit use or a faith-based campus
Significant remaining acreage provides long-term redevelopment and land-appreciation potential
Private, park-like setting featuring mature trees, rolling topography and a dispersed building layout
Convenient access to I-435, I-70, US-40 and MO-350
Positioned near healthcare facilities, schools, neighborhood retail and community services