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Medical Office Building with Walkout Basement

1006 N Jesse James Road Excelsior Springs, MO 64024

1006 N Jesse James Road, Excelsior Springs, MO, 64024
$550,000
For Sale
$550,000

SINGLE_FAMILY - Excelsior Springs, MO

Property Size3,637 SF
Lot Size1.59 Acres
Price / SF$151.22
Days on Market468

Property Features for 1006 N Jesse James Road

General Information

Property type
Residential
Property subtype
Office
Zoning
C-3
Parking features
Parking Lot
Accessibility
Accessible Approach with Ramp
Standard status
Active
APN
12-306-00-25-034.00
Lot size
1.59 Acres

Utilities

Utilities
Water Available

Building Details

Year built
1996
Floors in Building
2
Listing Agency Jason Mitchell Real Estate Mis
225 N Jesse James Rd, Excelsior Sorings, MO
Listed by Hightower Heritage Team
Added: Apr 9, 2025 Checked: Jul 20 at 10:06 am
MLS# 2542755

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.


Investment Insights

Based on property information with market context.

This medical office building totals 3,637 square feet on the main level, plus a full walkout basement with 2,817 square feet that is partially finished. The main floor includes eight patient rooms, an x-ray room, four offices, a lab area, two separated waiting rooms, two restrooms, and a reception area. The lower level provides three restrooms and a kitchenette, with a garage entrance as well as walkout doors. The building was constructed in 1996 and sits on approximately 1.59 acres.

The property offers parking in both the front and rear, supporting convenient access for patients, staff, and visitors. Zoned C-3, the building may be suitable for a range of commercial and healthcare-related uses consistent with local requirements.

For healthcare operators and medical tenants, the existing layout provides dedicated exam space, support areas, and separate waiting rooms. The combination of main-level patient areas and a usable lower level with walkout access can support expanded clinical workflow or additional administrative and support functions, depending on the user’s needs and applicable code requirements.

Key Highlights

  • 3,637 SF main level medical building with a partially finished 2,817 SF full walkout basement
  • Built in 1996 and set on approximately 1.59 acres
  • Main floor includes 8 patient rooms, x‑ray room, lab area, and reception area

Local Financial Insights For Healthcare Medical

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $85.1k $23.40
− Vacancy −$9.1k −$2.50
EGI $76.0k $20.90
− OpEx −$30.4k −$8.36
NOI $45.6k $12.54
3,637 SF · lease $23.40/SF/yr · vacancy 10.70% · expense 40.00%

Alternative Uses

Best Use
Office B
$731.4K
$640.0K – $853.4K (±1% cap)
NOI $51,201 @ 7.0% cap · market cap 9.31%
Second Best
Healthcare Medical
$651.4K
$570.0K – $760.0K (±1% cap)
NOI $45,600 @ 7.0% cap · market cap 8.29%
Theoretical Best
Office A
$1.11M
$974.4K – $1.30M (±1% cap)
NOI $77,948 @ 7.0% cap · market cap 14.17%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Medical centers

Suggested Use

Dental Office Restaurant Building Supply Real Estate Agency Law Firm Big Box & Wholesale Store Spa & Massage Center Nail Salon Storage Facility Electrical Service

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

FAQs

What type of property is this?
Medical center - Built in 1996, this medical facility offers patient rooms, offices, and a partially finished walkout lower level.
Where is this medical center located?
The property is located at 1006 N Jesse James Road Excelsior Springs, MO.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 3,637 SF main level medical building with a partially finished 2,817 SF full walkout basement; Built in 1996 and set on approximately 1.59 acres; Main floor includes 8 patient rooms, x‑ray room, lab area, and reception area
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