Kansas City Land for Sale - I-35 Corridor
StoneView Townhomes is a fully entitled, shovel-ready multifamily development located in the fast-growing Northland area of Kansas City, Missouri. The 6.1-acre site has been approved for 29 attached townhome units and offers a complete set of civil, architectural, and structural plans—fully permitted and ready for immediate construction. The property represents a turn-key opportunity for a developer or builder to step directly into vertical construction without the typical entitlement delays, engineering costs, or municipal uncertainty.
The project is zoned for multifamily residential use and designed for a mix of 3 three-plex and 5 four-plex buildings. Each unit ranges between 1,500 and 2,100 square feet, allowing flexibility for either rental or for-sale models. All sitework, grading, and engineering have been approved and permitted through the City of Kansas City, Missouri. The property includes approved plans for grading, stormwater management, water main extension, and street and utility improvements. All permits—Final Development Plan, Land Disturbance, Private Grading, and Building Permit—have been issued, and all plans are sealed by licensed Missouri engineers and architects.
The site has been fully prepared for construction. The land is cleared and grubbed, silt fencing and erosion control are installed, and a temporary construction entrance and driveway have been completed. A SWPP inspection program is active and compliant. The project’s civil engineering team—SM Engineering (Sam Malinowsky, P.E.)—worked in coordination with Beyond Surveying, S1 Structural, and Jowler Creek Architecture / JCA Architects to design a comprehensive build-ready site. Landscape design and irrigation plans are approved, ensuring that every aspect of the site’s construction process is ready to proceed.
One of the key advantages of StoneView Townhomes is its cost efficiency. The developer secured a temporary grading agreement with the neighboring Melody Porter property, allowing dirt movement and storage that saves an estimated $250,000 in earthwork costs. This same neighboring tract is under review for an additional 41-unit expansion, creating potential for a much larger overall development footprint.
The approved civil budget outlines a total project cost of approximately $1 million, $62,000 in contingency, and a land value of $652,500. Water, sanitary, and storm systems are ready for installation, and all curb, gutter, and paving plans meet Kansas City standards. Retaining wall and drainage systems have also been approved. These factors position the project for immediate mobilization, allowing a buyer to bypass 12–18 months of entitlement and preconstruction time.
The site’s location is one of its greatest strengths. Situated near Highway 152 and N Oak Trafficway, the development offers excellent access to downtown Kansas City, Liberty, and major regional employment and retail hubs. The Northland submarket continues to experience strong rent growth, low vacancy, and rising property values. Comparable townhomes in the area lease for $2,700–$3,200 per month, with strong absorption and tenant retention trends.
Using a conservative rent average of $2,900 per unit, the stabilized project would generate approximately $1,009,200 in annual gross income. Accounting for a 5% vacancy factor results in an effective gross income of about $958,740. Operating expenses are projected at 30% ($287,622 annually), and property taxes are estimated at $94,250 based on Kansas City’s 1.3% rate applied to an approximate completed value of $7.25 million. This results in a net operating income (NOI) of approximately $576,868 per year. At a 6.5% capitalization rate, the project’s stabilized value is approximately $8.9 million, offering strong upside relative to the $600,000 land asking price and projected construction costs.
From a construction perspective, the project is designed for efficiency and marketability. Units feature modern, energy-efficient design with ICF foundations and wood-framed upper levels. The project’s layout optimizes density while maintaining an attractive streetscape and open space plan. Utilities are fully engineered, with all connection points approved for installation. Every major discipline—architecture, structural, civil, landscape—has completed final plan reviews and received approval from the City of Kansas City.
Ownership of the project lies with Kansas City Real Estate Investment Services, LLC, managed by Pat and Marta Grace. The company is an established Kansas City-based real estate investment and development firm with extensive experience in residential and commercial projects across the metro area. Their integrated approach to development—combining in-house expertise in acquisition, entitlement, construction management, and brokerage—ensures that every element of the StoneView project was executed to a high professional standard.
The property has completed coordination with multiple city departments and public utilities, including Kansas City Water Services and Public Works. All permit numbers, inspection records, and engineering submittals are available for verification. The project’s private building permit was issued on July 29, 2025, confirming that it is ready for immediate construction start.
StoneView Townhomes represents one of the few truly “turn-key” multifamily development sites available in the Kansas City market today. With zoning, permits, and utilities in place—and all site preparation completed—the project provides a rare opportunity for a builder or investor to accelerate delivery in one of the city’s strongest growth corridors. The combination of land readiness, strong rent projections, and high absorption potential positions StoneView as a low-risk, high-reward acquisition for developers focused on speed to market and long-term yield.
Key Metrics Summary
Location: 7800 N Oak Trafficway, Kansas City, MO
Land Size: 6.1 acres (fully cleared and prepped)
Total Units: 29 approved
Unit Size: 1,500–2,100 sq. ft.
Build Cost: $150 per sq. ft.
Avg Rent: $2,900/month
NOI (Stabilized): $576,868 annually
Stabilized Value (6.5% cap): $8.9 million
Asking Price: $600,000
Permits: Fully approved and active (KCMO 2025)
