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Investment Highlights

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

Executive Summary

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.

Property Facts

Price $1,500,000
Price Per SF $214.29
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Truck Terminal
  • Industrial Service
Building Class C
Lot Size 2.29 AC
Rentable Building Area 7,000 SF
No. Stories 1
Year Built 1974
Tenancy Single
Parking Ratio 3.57/1,000 SF
Clear Ceiling Height 25’
No. Dock-High Doors/Loading 1
No. Drive In / Grade-Level Doors 2
Zoning M1-5 - M1-5

Amenities

  • 24 Hour Access
  • Fenced Lot
  • Floor Drains
  • Front Loading
  • Security System
  • Signage
  • Skylights
  • Wheelchair Accessible
  • Storage Space
  • Fiber Optic Internet
  • Smoke Detector

Utilities

  • Lighting - Incandescent
  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Electric
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
20/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
29-930-11-04-00-0-00-000
Land Assessment
$12,540
Improvements Assessment
$37,619
Total Assessment
$50,159
  • Listing ID: 41949643

  • Date on Market: 8/31/2026

  • Last Updated:

  • Address: 3425 Terrace St, Kansas City, MO 64111

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