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    3812 Bennington Ave Kansas City, MO 64129

    View on Map
    Sponsored
    For Sale
    $459,999

    COMMERCIAL - Kansas City, MO

    Property size:
    7,500 SF
    Lot size:
    0.22 Acres
    Days on Market:
    9
    Last Refresh:
    Mar 20 at 7:06 pm

    Property Features for 3812 Bennington Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    M 1-5
    APN
    31-120-24-16-00-0-00-000
    Parking features
    On Street, Paved or Surfaced
    Interior features
    Storage, Private Restroom
    Exterior features
    Delivery Door(s)
    Size
    7,500 SF
    Lot size
    0.22 Acres

    Utilities

    Utilities
    Water Available

    Building Details

    Year built
    1953
    Floors in Building
    1
    Additional Structures
    Storage

    We can help!

    Listing Contact
    Wes Schlobohm

    Keller Williams Legacy, Inc.

    Listing agent Wes Schlobohm

    Listing date Mar 12, 2026

    MLS# 2582692

    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 Commercial Property Near I-70

    This commercial property, located off I-70 and 435, features a layout of 7,500 square feet. The space includes a large shop measuring 3,500 square feet, a medium shop of 2,500 square feet, and a smaller 900-square-foot shop, along with a shop office and two front offices. There are also two bathrooms. The property can be divided into two units. Recent improvements include a new overhead door planned for 2025, a new mechanical TPO roof on the flat portions installed in 2024, and new LED shop and exterior lights in 2024. Electrical upgrades include new sub-panels in 2024 and a 200 amp panel installed in 2018. The property also had tuck pointing and painting done in 2018, along with expanded metal over the windows. The offices are equipped with central HVAC, gas heat, and rooftop A/C installed in 2020. The shops have three overhead gas shop heaters. Plumbing has been updated with a meter well, PEX plumbing, and a new hot water tank. The property is zoned M 1-5, which allows for cannabis businesses, auto dealerships and repair shops, machine shops, and other uses. The property is situated across the street from a proposed 600,000 square foot new industrial warehouse site.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Midland Mold Supply Factory

    Suggested Use

    Real Estate Agency Restaurant Law Firm Building Supply Auto Repair Shop Gym & Fitness Center Big Box & Wholesale Store Skin Care Clinic Accounting Firm Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Kansas City
    County
    Platte
    State
    Missouri
    Longitude
    -94.507756
    Latitude
    39.055141

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    FAQs

    What type of property is this?
    Flex space - Centrally located commercial property suitable for various business types.
    Where is this flex space located?
    The property is located at 3812 Bennington Ave Kansas City, MO.
    What is the asking price?
    The asking price for this property is $459,999.
    What are key features of this property?
    This property features: - M 1-5 zoning allows for cannabis businesses, auto dealerships/repair, machine shops, etc.; - Large 7500 sq. ft. layout with multiple shop spaces and offices; divisible into two units.; - Recent updates: New TPO roof (2024), LED lighting (2024), sub-panels (2024), insulation (2024), and overhead door (2025).
    (816) 564-3574
    Request Owner's contact information
    3812 Bennington Ave Kansas City, MO 64129
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    Kansas City, MO 64129
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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
    3812 Bennington Ave Kansas City, MO 64129
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    We can help!
    Listing Contact
    Wes Schlobohm
    Real Estate License ID: B2004021433
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