Cates Auction & Realty Co., Inc.

Real Estate Auction

Thursday, May 19th, 2022 at 2:00 PM - Raytown, MO
- Great Potential! | True Ranch & Outbuilding On 1.3 Acres

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Cates Auction is pleased to present for auction, this versatile Property offering 1200 SF ± freestanding, one-story outbuilding, 1,000 SF ± one-story home ranch on a 1.3-acre site with room for expansion in the City of Raytown, Missouri. The property is situated in good location with close proximity to retail, restaurants, entertainment, schools, etc and offers easy access to I-435 & MO-350. Significant upside can be achieved through renovation, upgrades to the home, and selling or leasing to a new tenant. Don’t miss this unique opportunity to Bid Your Price! This outstanding investment is time-definite and only available through the auction date. Online bidding is now open and ends May 19, 2022 at 2:00 pm. INVESTMENT HIGHLIGHTS • 1,200 SF ± Outbuilding & 1000 SF ± Home in Raytown, MO • Situated on 1.3 ± Acre Site with Room for Expansion • Close Proximity to Retail, Restaurants, Entertainment, Schools, Etc. • Value Add Opportunity through renovation, improvements • Attractive Owner/User, Rental or Investment Opportunity. 1031 Exchanges Welcome! FAST FACTS: • 1,200 SF ± Freestanding Outbuilding • 1,000 SF ± Ranch Home • 3- Bedrooms & 1-Bathrooms • 1.3 Acres • Gas Furnace & Water Hookups Available in Outbuilding • 2021 Real Estate Taxes: $1,668

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