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    1641 Crystal Ave Kansas City, MO 64126

    View on Map
    Sponsored
    Pending
    $2,200,000

    COMMERCIAL - Kansas City, MO

    Property size:
    49,118 SF
    Lot size:
    1.88 Acres
    Days on Market:
    69
    Last Refresh:
    Mar 16 at 4:06 pm

    Property Features for 1641 Crystal Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Pending
    Zoning
    M1-5
    APN
    28-140-29-12-00-0-00-000
    Parking features
    Paved or Surfaced, On Street, Parking Lot, Garage
    Interior features
    Storage, Private Restroom, Public Restroom
    Exterior features
    Delivery Door(s), Display Window
    Size
    49,118 SF
    Lot size
    1.88 Acres

    Utilities

    Utilities
    Water Available

    Building Details

    Year built
    1956
    Floors in Building
    1
    Additional Structures
    Storage

    We can help!

    Listing Contact
    Kendra Shepard

    Chartwell Realty LLC (816) 877-8700

    Listing agent Kendra Shepard (816) 877-8700

    Listing date Jan 6, 2026

    MLS# 2552883

    Copyright © 2026 Heartland Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Versatile Industrial Building Opportunity

    This 49,118 square foot industrial building, including approximately 1,800 square feet of office space and 47,318 square feet of warehouse space, is situated on a site just under 2 acres. The property is located in a prime industrial location with quick access to I-435, I-70, I-35, I-470, Hwy 291, 350/50, 150, and 210, and is just 30 minutes from the airport. The office area includes a reception area, private offices, a break room, restroom, and storage. The warehouse features a wet sprinkler system, concrete floors, upper-level storage, and an employee break room. It also has two drive-in doors and five dock-high doors, as well as 3-phase power with 220V | 400+200 amp service. There is an inactive rail spur at the rear of the property, and the activation potential should be verified by the buyer. The space can be divided, making it ideal for partial owner-occupancy with leasing potential. Located in an Opportunity Zone, it may offer possible tax benefits through 2026; verification with a tax advisor is recommended. The property is ideal for logistics, manufacturing, distribution, or investment and is zoned M1-5.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Royal Fixture Co Furniture & Home Goods

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Tasty Unicorn Food Truck

    Location Insight

    • Map
    • Local Demand
    City
    Kansas City
    County
    Platte
    State
    Missouri
    Longitude
    -94.497235
    Latitude
    39.090435

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    FAQs

    What type of property is this?
    Flex space - 49,118 SF industrial building in prime location.
    Where is this flex space located?
    The property is located at 1641 Crystal Ave Kansas City, MO.
    What is the asking price?
    The asking price for this property is $2,200,000.
    What are key features of this property?
    This property features: - Prime industrial location with quick access to major highways; - Large warehouse space: +/-47,318 SF with (2) drive-in doors and (5) dock-high doors; - Opportunity Zone location with possible tax benefits through 2026 (verify with tax advisor)
    (816) 918-2712
    Request Owner's contact information
    1641 Crystal Ave Kansas City, MO 64126
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1641 Crystal Ave Kansas City, MO 64126
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    We can help!
    Listing Contact
    Kendra Shepard
    (816) 918-2712 (816) 877-8700
    Learn more
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