Commercial Building on Spacious
401 W Foxwood Drive Raymore, MO 64083
For Sale
$899,000
All-brick building with basement on a .938-acre lot.
Property Size5,904 SF
Lot Size0.93 Acres
Price / SF$152.27
Days on Market651
Property Features for 401 W Foxwood Drive
General Information
- Standard status
- Active
- Size
- 5,904 SF
- Lot size
- 0.93 Acres
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1995
Listing Agency:
Integrity Group Real Estate
(816) 665-8990
Listed By:
Pam Hatcher · License #2005016544
(816) 665-8990
Source:
Exitrealty
Added: Oct 14, 2024
Changed: Jul 10
Last Checked: Jul 26 at 7:21AM
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 Integrity Group Real Estate
Investment Insights
Based on property information with market context.
Located at the intersection of 58 Hwy and Madison, this all-brick building offers visibility and accessibility. The property is situated on a .938-acre lot and includes a 4,000 square foot building with a 1,904 square foot basement, providing space for business uses. The property has 24 dedicated asphalt parking spots. The interior layout features 7 private offices, a library, a conference room, storage closets, a kitchen, 2 full bathrooms, and 3 half bathrooms. Positioned in a high-traffic location, the property is surrounded by subdivisions and businesses, making it suitable for professional offices, medical practices, or retail. The commercial property is located in a growing area.
Key Highlights
- High‑traffic location at the intersection of 58 Hwy and Madison provides excellent visibility and accessibility.
- Spacious 4,000 sq ft all‑brick building with a 1,904 sq ft basement on a .938‑acre lot offers ample space for various business uses.
- Includes 24 dedicated parking spots.
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 | $106.3k | $18.00 |
| − Vacancy | −$18.9k | −$3.20 |
| EGI | $87.4k | $14.80 |
| − OpEx | −$21.8k | −$3.70 |
| NOI | $65.5k | $11.10 |
5,904 SF · lease $18.00/SF/yr · vacancy 17.80% · expense 25.00%
Alternative Uses
Best Use
Office B
$936.0K
$819.0K – $1.09M
NOI $65,517 @ 7.0% cap · market cap 7.29%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.33M
$1.16M – $1.55M
NOI $93,179 @ 7.0% cap · market cap 10.36%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Daniel R. Brown ...
Law Firm
Hensley Law Office
Law Firm
FAQs
What type of property is this?
Office building - All-brick building with basement on a .938-acre lot.
Where is this office building located?
The property is located at 401 W Foxwood Drive Raymore, MO.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: High‑traffic location at the intersection of 58 Hwy and Madison provides excellent visibility and accessibility.; Spacious 4,000 sq ft all‑brick building with a 1,904 sq ft basement on a .938‑acre lot offers ample space for various business uses.; Includes 24 dedicated parking spots.
