Jennings Tree & Lawn Care | 3425 Terrace St
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Jennings Tree & Lawn Care 3425 Terrace St
7,368 SF Industrial Building Kansas City, MO 64111 $1,000,000 ($136/SF)
Investment Highlights
- Great Midtown location with land - close to all major highway entrances -
- Secure
- Can be repurposed for just about anything with ample land area
Executive Summary
The entire property is for sale or lease to own. The warehouse is a 7000sqft Butler Manufactured building with Steel Frame constructions built in 1974. We added a half bathroom with work sized sink and it is insulated for electric heat in the winter. There is also another larger insulated room that fits a truck with equipment on the back we used for keeping spray machine warm when temps fluctuated that is heatable by electric heater in winter. The rest of the building is not currently insulated and the gas company will run gas to the building for a guarantee of a BTU usage monthly. We stored our fleet of vehicles in the building so did not need it to be heated or cooled. The sale includes the 2.93 acres of land that is on both sides of the building and we also own the elevation on the east hill. The entire lot is fenced with new fence in 90% of the runs. The hill is not fenced at the top except for the portion at the farthest north which is fenced at our wall not at our elevation. We have survey from our purchase and updated survey from Anderson Surveyors who did the original survey for when we restaked the corners for new fence installation. There are portions of the fence (if not needed that can be moved to other portions of the fence, we have extra of new gauge fencing we used to replace fence when it got damaged. There are three working overhead doors in the building. 14', and 2 12' doors one is loading dock capable but we installed fence in front of that one as we didn't use it. And the other has an electronic door lift..I added interior photos but they were taken with the intension of selling the items in them not to show the building. But as soon as they are gone I can take intentional photos. Or I am happy to set up appointments to see the inside. I am working on emptying the building of items that are not fixtures. And will be having at least one more sale of items being stored there.
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
---|---|---|
Gross Rental Income | $99,999 | $9.99 |
Other Income | $99,999 | $9.99 |
Vacancy Loss | $99,999 | $9.99 |
Effective Gross Income | $99,999 | $9.99 |
Taxes | $99,999 | $9.99 |
Operating Expenses | - | - |
Total Expenses | $99,999 | $9.99 |
Net Operating Income | - | - |
Financial Summary (Actual - 2023) Click Here to Access
Gross Rental Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Other Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Vacancy Loss | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Effective Gross Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Taxes | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Operating Expenses | |
---|---|
Annual | - |
Annual Per SF | - |
Total Expenses | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Net Operating Income | |
---|---|
Annual | - |
Annual Per SF | - |
Property Facts
Amenities
- 24 Hour Access
- Fenced Lot
- Floor Drains
- Front Loading
- Skylights
- Yard
- Storage Space
- Fluorescent Lighting
- Fiber Optic Internet
- Smoke Detector
Utilities
- Lighting - Incandescent
- Water - City
- Sewer - City
- Heating - Electric
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PROPERTY TAXES
Parcel Number | 29-930-11-04-00-0-00-000 | Total Assessment | $43,616 (2024) |
Land Assessment | $33,632 (2024) | Annual Taxes | ($1) ($0.00/SF) |
Improvements Assessment | $9,984 (2024) | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
29-930-11-04-00-0-00-000
Land Assessment
$33,632 (2024)
Improvements Assessment
$9,984 (2024)
Total Assessment
$43,616 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2023
zoning
Zoning Code | M-1 (It is the only property currently M-1 in the 64111 zip code with land.) |
M-1 (It is the only property currently M-1 in the 64111 zip code with land.) |
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Jennings Tree & Lawn Care | 3425 Terrace St
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