3425 Terrace St - Warehouse FOR SALE


Kansas City, MO 64111- Coleman Highlands
$1,500,000 USD
573-694-9669
3425 Terrace St, Kansas City, MO for Sale
$1,500,000 USD
Warehouse - FOR SALE
1/10
null | Request Cap Rate

3425 Terrace St
Kansas City, MO 64111
Coleman Highlands


HIGHLIGHTS

  • Rare 2.29-Acre Midtown Infill Site – 99,752 SF of M1-5 industrial-zoned land in a supply-constrained Midtown
  • Industrial Outdoor Storage (IOS) Opportunity
  • Functional 7,000 SF Warehouse – Existing metal/steel-frame warehouse features 25' clear height
  • Immediate Occupancy / Owner-User Potential

OVERVIEW

Midwest CRE Advisors is pleased to exclusively offer 3425 Terrace Street, a rare 2.29-acre M1-5 industrial property in Midtown Kansas City offered at $1,500,000. The property features a 7,000 SF industrial warehouse situated on approximately 92,752 SF of fully fenced land, creating an exceptional opportunity for an owner-user, investor, or Industrial Outdoor Storage (IOS) operator. With only 7% building coverage, the expansive secured yard is the defining feature of the asset and provides substantial outdoor storage, equipment staging, fleet, contractor, and redevelopment potential. The existing warehouse offers 25' clear height, one dock-high door, two drive-in doors, concrete floors with drains, and existing natural gas and electric service. The property is vacant and available for immediate occupancy, allowing a buyer to take control of the site without a lease-up delay. The location provides direct access to I-35, I-70, I-29, and I-49, positioning the property within a highly accessible Midtown industrial corridor serving contractors, fleet operators, equipment companies, and other users requiring centrally located secured outdoor storage. The property also benefits from a compelling supply-and-demand story. The Offering Memorandum identifies 2+ acre M1-5 infill parcels in Midtown as functionally unavailable to replicate, while recent corridor transactions demonstrate the premium being placed on scarce industrial land and IOS-oriented properties. At $1.5 million, 3425 Terrace Street offers a compelling basis relative to competing opportunities, particularly for users prioritizing contiguous secured yard space. Investment highlights Rare 2.29-Acre Midtown Infill Site – 99,752 SF of M1-5 industrial-zoned land in a supply-constrained Midtown Kansas City corridor, with a fully fenced perimeter and approximately 92,752+ SF of secured outdoor storage potential. Industrial Outdoor Storage (IOS) Opportunity – The property's exceptionally low 7% building coverage makes the expansive secured yard the primary value driver, offering an attractive platform for IOS, equipment storage, fleet operations, contractor staging, or redevelopment. Functional 7,000 SF Warehouse – Existing metal/steel-frame warehouse features 25' clear height, one dock-high door, two drive-in doors, concrete floors with drains, and natural gas and electric service. Immediate Occupancy / Owner-User Potential – The property is vacant and available immediately, providing contractors, fleet operators, equipment companies, and other industrial users an opportunity to control both warehouse space and secured outdoor storage. Attractive Basis at $1.5 Million – Offered at $1,500,000, the property provides one of the lowest entry points for infill M1-5 industrial property with meaningful outdoor storage in the corridor. Strong IOS & Land Scarcity Story – Recent 2026 corridor transactions traded at approximately $197–$259/SF, reflecting land scarcity and IOS/redevelopment premiums. The subject's value proposition is driven primarily by its land component rather than the existing building. Significant Competitive Advantage – The property offers substantially more contiguous fenced land than competing active listings, including approximately eight times the usable land of the nearest competitor identified in the OM. Strategic Midtown Location – Direct access to I-35, I-70, I-29, and I-49 provides connectivity to Kansas City's major transportation corridors and supports contractor, fleet, logistics, and equipment-oriented users. I-70 Construction Tailwind – The MoDOT Improve I-70 KC project includes an 11-month full closure beginning January 2027, creating potential near-term demand for contractor staging and laydown yards along the corridor.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$204 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Jennings Tree & Lawn Care

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Truck Terminal, Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1974

UTILITIES

Lighting - Incandescent, Gas - Natural, Water - City, Sewer - City, Heating - Electric

CLEAR CEILING HT

25 Ft

DOCKS

1

DRIVE INS

2

PARKING SPACES

25

LAND DETAILS

LAND ACRES

2.29

LAND SF

99,752

ZONING

M1-5

APN/PARCEL ID

29-930-11-04-00-0-00-000

ASK ABOUT THIS PROPERTY

Logan FreemanMidwest CRE Advisors, LLCMore Info
573-694-9669

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Logan FreemanMidwest CRE Advisors, LLCMore Info
573-694-9669

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.