Crossroads Freestanding Building For
For Sale
Contact for pricing
520 Avenida Cesar E Chavez, Kansas City, MO
Renovated building with tenant, owner/occupier opportunity, and parking.
Property Size3,900 SF
Lot Size0.08 Acres
Price / SF$246.15
Days on Market589
Property Features for 520 Avenida Cesar E Chavez
General Information
Standard status
Active
Size
3,900 SF
Lot size
0.08 Acres
Property subtype
OFFICE
Properties For Sale
at 520 Avenida Cesar E Chavez Contact us- Floor
- 1
- Size
- 3,170 SF
- Type
- OFFICE
- Availability
- AVAILABLE, Now
- Sublease
- No
520 Avenida Cesar E Chavez
- Rare small building in the Crossroads with an existing tenant as well as opportunity...
show more
Contact us
- Floor
- 1
- Size
- 650 SF
- Type
- OFFICE
- Availability
- AVAILABLE, Now
- Sublease
- No
520 Avenida Cesar E Chavez
- Rare small building in the Crossroads with an existing tenant as well as opportunity...
show more
Contact us
Listing Agency:
Aron Real Estate
(816) 668-5191
Listed By:
Debbie Aron
Source:
Moodyscre
Added: Dec 30, 2024
Changed: Aug 8
Last Checked: Aug 11 at 1:01PM
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 Aron Real Estate
Investment Insights
Based on property information with market context.
This freestanding building in the Crossroads area offers a rare opportunity for either an owner-occupier or additional tenants. The 3,900-square-foot property has been recently renovated, presenting possibilities for further personalization. The property is part of a condominium association due to shared utilities. The sale includes three parking spaces.
Key Highlights
- Rare freestanding building in the Crossroads.
- Opportunity for owner/occupier or additional tenant.
- Recently renovated.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$55,100
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.74%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,102,000
$1.1M
Cap Rate 7%
$787,143
$787.1K
Cap Rate 9%
$612,222
$612.2K
Market Conditions
NOI Build-Up for 3,900 SF
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.
Gross rent
$88.0K $22.56/SF
− Vacancy
−$14.5K −$3.72/SF
EGI
$73.5K $18.84/SF
− OpEx
−$18.4K −$4.71/SF
NOI
$55.1K $14.13/SF
Area
Kansas City, MO
Vacancy
16.50%
Lease Rate
$22.56 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,102,000
Cap Rate 7%
$787,143
Cap Rate 9%
$612,222
Alternative Uses
Best Use
Office B
$787.1K
$688.8K – $918.3K
NOI $55,100 @ 7.0% cap · market cap 5.74%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$928.9K
$812.8K – $1.08M
NOI $65,026 @ 7.0% cap · market cap 6.77%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,147
Businesses Nearby
Explore this area
Business Placement
Market
Vacancy Rate% for Office in Kansas City, MO
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - Renovated building with tenant, owner/occupier opportunity, and parking.
Where is this office building located?
The property is located at 520 Avenida Cesar E Chavez Kansas City, MO.
What is the asking price?
The asking price for this property is $960,000.
What are key features of this property?
This property features: Rare freestanding building in the Crossroads.; Opportunity for owner/occupier or additional tenant.; Recently renovated.
