Retail Redevelopment
11810 Blue Ridge Boulevard Kansas City, MO 64134
11810 Blue Ridge Boulevard, Kansas City, MO, 64134
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For Sale
Contact for pricing
Three retail properties totaling four paved lots, each with signage options, positioned along Blue Ridge Blvd near Hwy 49.
Property Size7,314 SF
Price / SF$170.91
Days on Market180
Property Features for 11810 Blue Ridge Boulevard
General Information
- Standard status
- Active
- Size
- 7,314 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1960
Listing agency
BHGRE Commercial
Listed by
Thom Knowles, Director of Commercial Real Estate Services
Source
Crexi
Added: Jan 23 Updated: Jul 20 at 7:31PM Checked: Jul 20 at 7:31PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BHGRE Commercial
Investment Insights
Based on property information with market context.
This offering presents a portfolio of three retail-oriented properties on Blue Ridge Blvd, available individually or as a package. 11810 Blue Ridge Blvd includes 2,778 square feet with a one-car garage and sits on a 19,588 square foot paved lot. 11116 Blue Ridge Blvd is a 4,316 square foot bar/lounge with a turnkey interior that includes a kitchen and a second bar area, and it comes with a reported 1 AM liquor license. 11818 Blue Ridge Blvd is a 1,746 square foot liquor store with retail and storage coolers on a 14,758 square foot paved lot.
The properties are positioned along a high-traffic corridor with convenient access to Hwy 49. Each property has pole signs, and the sale includes a billboard. The seller reports that all roofs are in good condition.
Each site provides paved areas that support parking, expansion, or redevelopment planning based on the buyer’s intended use.
The properties are positioned along a high-traffic corridor with convenient access to Hwy 49. Each property has pole signs, and the sale includes a billboard. The seller reports that all roofs are in good condition.
Each site provides paved areas that support parking, expansion, or redevelopment planning based on the buyer’s intended use.
Key Highlights
- 3‑property portfolio on Blue Ridge Blvd near Hwy 49 with over 59,163 SF total site area and multiple paved parking lots
- 11810 Blue Ridge Blvd: 2,778 SF former State Farm office with a 1‑car garage on a 19,588 SF paved lot
- 11116 Blue Ridge Blvd: 4,316 SF bar/lounge with a kitchen and second bar area plus a 1 AM liquor license on a 24,917 SF paved lot
Local Financial Insights For Specialty Retail
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 | $116.7k | $15.96 |
| − Vacancy | −$3.5k | −$0.48 |
| EGI | $113.2k | $15.48 |
| − OpEx | −$28.3k | −$3.87 |
| NOI | $84.9k | $11.61 |
7,314 SF · lease $15.96/SF/yr · vacancy 3.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.21M
$1.06M – $1.42M
NOI $84,922 @ 7.0% cap · market cap 6.79%
Second Best
Retail
$982.7K
$859.9K – $1.15M
NOI $68,791 @ 7.0% cap · market cap 5.50%
Theoretical Best
Office A
$1.74M
$1.52M – $2.03M
NOI $121,948 @ 7.0% cap · market cap 9.76%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Taqueria El Pariente/ ...
Restaurant
Southside Liquors
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Three retail properties totaling four paved lots, each with signage options, positioned along Blue Ridge Blvd near Hwy 49.
Where is this retail space located?
The property is located at 11810 Blue Ridge Boulevard Kansas City, MO.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 3‑property portfolio on Blue Ridge Blvd near Hwy 49 with over 59,163 SF total site area and multiple paved parking lots; 11810 Blue Ridge Blvd: 2,778 SF former State Farm office with a 1‑car garage on a 19,588 SF paved lot; 11116 Blue Ridge Blvd: 4,316 SF bar/lounge with a kitchen and second bar area plus a 1 AM liquor license on a 24,917 SF paved lot
