Renovated Medical Office
For Sale
$999,000
10800 E 77th Terrace, Raytown, MO 64138
SINGLE_FAMILY - Raytown, MO
Property Size3,481 SF
Lot Size1.27 Acres
Price / SF$286.99
Days on Market93
Property Features for 10800 E 77th Terrace
General Information
Property type
Residential
Property subtype
Office
Zoning
OFC
Parking features
Parking Lot
Interior features
Private Restroom, Public Restroom
Exterior features
Building Sign
Directions
From I-70, take the exit for Raytown Rd and head south. Continue to E 77th Terrace and turn east. Property will be on the right.
Subdivision
205 - Raytown Area
Standard status
Active
APN
45-710-04-24-00-0-00-000
Lot size
1.27 Acres
Taxes and HOA fees
Tax Description
SEC 16 TWP 48 RNG 32 BEG 162' E OF NW COR SW NE TH S 336' TH E 162' TH N 336' TH W 162' TO POB
Tax Annual Amount
24020
Legal Description
SEC 16 TWP 48 RNG 32 BEG 162' E OF NW COR SW NE TH S 336' TH E 162' TH N 336' TH W 162' TO POB
Utilities
Utilities
Water Available
Building Details
Year built
2002
Floors in Building
2
Listing Agency:
Real Broker, LLC-MO
(573) 520-3099
Listed By:
Richey Real Estate Group
(816) 284-6147
Added: May 4
Changed: Aug 3
Last Checked: Aug 4 at 6:06PM
MLS# 2617018
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 property contains approximately 3,481 finished square feet across a 2,070-square-foot main clinical level and a 1,411-square-foot finished walkout lower level. The layout supports dental and medical operations with private and public restrooms, while an ADA-accessible entrance, building signage, and an 18-space surface parking lot serve the facility. Originally built in 2002, the property received extensive improvements in 2021, including a refreshed facade, interior updates, an addition, parking lot resurfacing and restriping, and new HVAC and furnace systems.
The approximately 1.2655-acre property is located in Raytown, Missouri, with access to Raytown Road, Blue Parkway, and the greater Kansas City metro. It is zoned OFC and has water available. The building is leased to Apex Missouri Management, LLC through October 9, 2030, under a modified net structure. The lease provides two additional five-year renewal options, with a 10% base-rent increase at the start of each exercised option period. The sale includes the real estate subject to the existing lease; the tenant’s business assets, equipment, personal property, and trade fixtures are excluded.
The approximately 1.2655-acre property is located in Raytown, Missouri, with access to Raytown Road, Blue Parkway, and the greater Kansas City metro. It is zoned OFC and has water available. The building is leased to Apex Missouri Management, LLC through October 9, 2030, under a modified net structure. The lease provides two additional five-year renewal options, with a 10% base-rent increase at the start of each exercised option period. The sale includes the real estate subject to the existing lease; the tenant’s business assets, equipment, personal property, and trade fixtures are excluded.
Key Highlights
- Approximately 3,481 finished square feet across two finished levels
- 2,070‑square‑foot main clinical level plus 1,411‑square‑foot walkout lower level
- Extensively renovated and expanded in 2021
Financial Insights For Office B
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 | $63.9k | $18.36 |
| − Vacancy | −$10.3k | −$2.96 |
| EGI | $53.6k | $15.40 |
| − OpEx | −$13.4k | −$3.85 |
| NOI | $40.2k | $11.55 |
3,481 SF · lease $18.36/SF/yr · vacancy 16.10% · expense 25.00%
Alternative Uses
Best Use
Office B
$574.5K
$502.7K – $670.3K
NOI $40,216 @ 7.0% cap · market cap 4.03%
Second Best
Healthcare Medical
$113.4K
$99.3K – $132.3K
NOI $7,940 @ 7.0% cap · market cap 0.79%
Theoretical Best
Warehouse
$915.5K
$801.1K – $1.07M
NOI $64,087 @ 7.0% cap · market cap 6.42%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Office units
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
195
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 64138, MO
25,565
Population
11,273
Households
2.3
Avg Household Size
38
Median Age
22%
College-Educated
92%
High-School Grad
13.3 sq mi
ZIP Area
1,922
Density / Sq Mi
$54,619
Median Household Income
$39,210
Median Earnings
$1,127
Median Rent
$164,900
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Leased single-tenant medical facility with ADA access, signage, and on-site parking.
Where is this medical office space located?
The property is located at 10800 E 77th Terrace Raytown, MO.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: Approximately 3,481 finished square feet across two finished levels; 2,070‑square‑foot main clinical level plus 1,411‑square‑foot walkout lower level; Extensively renovated and expanded in 2021
