440 E 63rd Street, Kansas City, MO 64110
Renovated office building with gated parking in high-traffic area.
- Added:
- Dec 23, 2022
- Days on Market:
- 1268
- Last Refresh:
- May 19 at 11:02 pm
Property Features for 440 E 63rd Street
General Information
- Standard status
- Active
- Size
- 5,730 SF
- Lot size
- 0.59 Acres
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1984
Listing agent Adam Massey License #SP00235737 (913) 488-6661
Listing office Greater Kansas City Realty (913) 488-6661
Listing date Dec 23, 2022
Source Exitrealty
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HighLights
- Totally renovated office building
- Approx. 5,730 square foot
- Located in a high traffic area
- Gated parking
- .59 acre lot
- Built in 1984
Overview
Local 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 | $129.3k | $22.56 |
| − Vacancy | −$21.3k | −$3.72 |
| EGI | $107.9k | $18.84 |
| − OpEx | −$27.0k | −$4.71 |
| NOI | $81.0k | $14.13 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Kansas City
- County
- Platte
- State
- Missouri
- Longitude
- -94.5823
- Latitude
- 39.0139