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    Move-In Ready Office Suite Title is generated by Realmo AI

    215 W 18th Street, Kansas City, MO 64108

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    Finished office suite with private offices, kitchenette, hardwood floors, and high ceilings for immediate occupancy.

    Type:Office
    Property size:
    1,600 SF
    Added:
    Jun 2, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 3 at 2:34 am

    Property Features for 215 W 18th Street

    General Information

    Standard status
    Active
    Size
    1,600 SF
    Property subtype
    Office

    Building Details

    Year Built
    1930

    We can help!

    Listing Contact
    Zachery Fowle
    Zachery Fowle

    Listing agent Zachery Fowle License #2003023010

    Listing office Clemons Real Estate

    Listing date Jun 2, 2026

    Source Clemonsrealestate

    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 Clemons Real Estate

    HighLights

    • 1,600 SF finished office suite in the Crossroads Arts District
    • Move‑in ready layout with a large entry area for a lobby or collaborative workspace
    • Includes kitchenette plus 4 private offices, with one suited for conference use
    • Hardwood floors throughout with exposed brick in the largest private office
    • High ceilings and lots of natural light

    Overview

    This move-in ready office suite is beautifully finished and designed for both focus and collaboration. The layout includes a large entry way that can serve as a lobby or collaborative workspace, a kitchenette for everyday convenience, and four large private offices. One office is especially flexible, with exposed brick and hardwood finishes, and it could easily function as a conference room depending on your team’s needs. Hardwood floors run throughout, complemented by high ceilings and plenty of natural light.

    Situated in a vibrant Crossroads Arts District location, the suite offers a professional setting within an area known for creative activity. The space is presented as a ready-to-use option for tenants seeking a clean, established interior rather than a raw buildout.

    This configuration should fit well for law firms, design and creative teams, small corporate offices, or any operator that values multiple private rooms plus a dedicated or convertible meeting space. With its kitchen support and thoughtfully finished interior, it’s well-suited for companies looking to move in quickly and run day-to-day operations from the first day.
    Location Intelligence

    Current Use by Public Records

    Maya Yoga Gym & Fitness Center IIYS - Yoga Therapy ... Gym & Fitness Center Willmoth Immigration Law, ... Law Firm Working Spaces Inc Furniture & Home Goods Alliance of Pro Tattooists ... Charitable Organization

    Suggested Use

    Real Estate Agency Restaurant Building Supply Spa & Massage Center Big Box & Wholesale Store Dental Office Auto Repair Shop Hair Salon Nail Salon Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Kansas City
    County
    Platte
    State
    Missouri
    Longitude
    -94.581671
    Latitude
    39.0924924

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    FAQs

    What type of property is this?
    Office units - Finished office suite with private offices, kitchenette, hardwood floors, and high ceilings for immediate occupancy.
    Where is this office units located?
    The property is located at 215 W 18th Street Kansas City, MO.
    What are key features of this property?
    This property features: 1,600 SF finished office suite in the Crossroads Arts District; Move‑in ready layout with a large entry area for a lobby or collaborative workspace; Includes kitchenette plus 4 private offices, with one suited for conference use
    (816) 645-9203
    We can help!
    Listing Contact
    Zachery Fowle
    Zachery Fowle
    Real Estate License ID: 2003023010
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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