Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1004 Carondelet Dr Kansas City, MO 64114

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Medical office space connected to St. Joseph Hospital with flexible floorplans.

    Property size:
    10,533 SF
    Lot size:
    24.53 Acres

    Property Features for 1004 Carondelet Dr

    General Information

    Size
    10,533 SF
    Lot size
    24.53 Acres

    We can help!

    Listing Contact
    Jared Stone
    Source: Moodyscre

    Listing Agency: Cornerstone Commercial Realty, Inc. Listing Agent: Jared Stone

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Medical Office Space Near Hospital

    This medical office space is connected to St. Joseph Hospital, a recipient of the 2024 Patient Safety Excellence Award. It offers quick and easy access to I-435, which has a traffic volume of over 120,000 vehicles per day. The property features flexible floor plans that can be tailored to meet specific practice needs. It provides an opportunity to be part of a medical community that offers networking and professional development opportunities. Ample parking is available, including covered patient drop-offs, and there is an on-site bus station. High-quality finishes and contemporary design elements create a comfortable and professional setting for patients and staff. The property offers competitive lease rates and tenant improvement allowance.
    Location Intelligence

    Current Use by Public Records

    Dr. William L. ... Ophthalmologist Smith Timothy MD Pulmonologist White w a MD Doctor Associated Ophthalmologists-Kc Doctor Cradle Thru College ... Pediatrician

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Similar Places Nearby

    State Line Animal Hospital, State Line Animal Hospital: Barchman Sally DVM, Chiro 4 Paws, Starr Greg DVM

    Location Insight

    • Map
    • Local Demand
    City
    Kansas City
    County
    Platte
    State
    Missouri
    Longitude
    -94.6052076
    Latitude
    38.9357626

    Nearby Similar for Lease

    • $16 SF/Yr
      129,809 SF

      Gladstone Office Space For Rent

      Move-in ready office suites in high-traffic Gladstone location.
      5601 NE Antioch Rd, Kansas City, MO 64119
      View Details
    • $2,500 /Mo
      30,492 SF

      Office Space with Private Offices

      Office space featuring ample natural light and private offices.
      8320 N Oak - 222 Trfy, Kansas City, MO 64118
      View Details
    • $2,866 /Mo
      28,750 SF

      River Market Commercial Suite

      Garden level commercial suite in the heart of River Market.
      140 Walnut St, Kansas City, MO 64106
      View Details
    • $1.00 SF/Yr
      16,117 SF

      Kansas City Commercial Space Available

      Prime location suitable for daycare, group home, or church.
      1844 Benton Blvd, Kansas City, MO 64127
      View Details
    • $1,250 /Mo
      30,492 SF

      Kansas City Basement Office Space

      Basement office space with private office, break room, and storage.
      8320 N Oak Trfy, Kansas City, MO 64118
      View Details
    • $1,500 /Mo
      6,534 SF

      Charming Office Space in Kansas

      1,040 sq ft office space with original features.
      4342 Belleview St, Kansas City, MO 64111
      View Details
    • $2,000 /Mo
      60,548 SF

      Retail Space in Thriving Center

      Retail space suitable for coffee shop or limited food service.
      4112 NE Vivion Rd, Kansas City, MO 64119
      View Details
    • $20 SF/Yr
      130,680 SF

      Kansas City Commercial Space Available

      Office and retail space available for lease in Kansas City.
      13610 Washington St, Kansas City, MO 64145
      View Details
    • $2,200 /Mo
      130,680 SF

      Retail Space in Kansas City

      Retail space available for lease in Kansas City, Missouri.
      13606 Washington St, Kansas City, MO 64145
      View Details
    • $12 SF/Yr
      30,056 SF

      Free Standing Building, Kansas City

      Exceptional building in excellent location with large parking lot.
      5911 Barry Rd, Kansas City, MO 64154
      View Details
    • $26 SF/Yr
      12,333 SF

      Premier Office Space Available

      Modern office space with advanced amenities in downtown Kansas.
      1201 Walnut St, Kansas City, MO 64106
      View Details
    • $1,500 /Mo

      Charming Office Space Available Now

      1,040 sq ft office space ready for immediate lease.
      4342 Belleview Ave, Kansas City, MO 64111
      View Details

    FAQs

    What type of property is this?
    Medical office - Medical office space connected to St. Joseph Hospital with flexible floorplans.
    Where is this medical office located?
    The property is located at 1004 Carondelet Dr Kansas City, MO.
    What are key features of this property?
    This property features: - Connected to St. Joseph Hospital, a 2024 Patient Safety Excellence Award Recipient; - Flexible floor plans tailored to specific practice needs; - Competitive lease rates and tenant improvement allowance
    (314) 604-8466
    Request Owner's contact information
    1004 Carondelet Dr Kansas City, MO 64114
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1004 Carondelet Dr
    Kansas City, MO 64114
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    1004 Carondelet Dr Kansas City, MO 64114
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Jared Stone
    (314) 604-8466
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.