Former Bank Branch with
For Sale
$750,000
6100 Troost Ave, Kansas City, MO 64110
Former bank branch offering a drive-thru setup, existing vault, and three-phase power for flexible office, retail, or medical use.
Property Size5,500 SF
Days on Market78
Property Features for 6100 Troost Ave
General Information
Standard status
Active
Size
5,500 SF
Property subtype
Retail
Zoning
B3-2
Building Details
Building Size
5,500 SF
Listed By:
Zachery Fowle · License #MO #2021020800
(816) 645-9203
Source:
Clemonsrealestate
Added: Jun 17
Changed: Aug 31
Last Checked: Sep 2 at 1:26PM
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 Zachery Fowle
Investment Insights
Based on property information with market context.
The property is a former bank branch featuring a drive-through configuration and existing in-building infrastructure, including an existing vault and three-phase electrical service. A total building size is approximately 5,500 SF, and the site is about 0.75 acres, with ample parking to support customer and employee access. Monument signage is also on-site, and the property is offered with redevelopment flexibility under B3-2 zoning.
Located at the intersection of Troost Avenue and 61st Street in Kansas City’s urban core, the property sits at 6100 Troost Avenue. The site provides direct access to US-71, with immediate access to US-71/I-49 for regional connectivity. The area is described as actively reinvesting, with ongoing infrastructure improvements and adaptive reuse activity along the Troost Corridor.
This configuration can work well for users seeking an established, customer-oriented layout with drive-thru capacity and built-in components from the former banking operation. The combination of parking, monument signage, and practical power infrastructure supports office, retail, medical, institutional, or service-oriented concepts, depending on the tenant’s buildout plans within B3-2 zoning.
Located at the intersection of Troost Avenue and 61st Street in Kansas City’s urban core, the property sits at 6100 Troost Avenue. The site provides direct access to US-71, with immediate access to US-71/I-49 for regional connectivity. The area is described as actively reinvesting, with ongoing infrastructure improvements and adaptive reuse activity along the Troost Corridor.
This configuration can work well for users seeking an established, customer-oriented layout with drive-thru capacity and built-in components from the former banking operation. The combination of parking, monument signage, and practical power infrastructure supports office, retail, medical, institutional, or service-oriented concepts, depending on the tenant’s buildout plans within B3-2 zoning.
Key Highlights
- 5,500 SF former bank branch on approx. 0.75 acres at 6100 Troost Ave, at Troost Ave & 61st St in Kansas City’s urban core
- Drive‑thru configuration plus an existing vault
- Three‑phase electrical service available
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
$63,860
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
8.51%
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%
$1,277,200
$1.3M
Cap Rate 7%
$912,286
$912.3K
Cap Rate 9%
$709,556
$709.6K
Market Conditions
NOI Build-Up for 5,500 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
$87.8K $15.96/SF
− Vacancy
−$2.6K −$0.48/SF
EGI
$85.1K $15.48/SF
− OpEx
−$21.3K −$3.87/SF
NOI
$63.9K $11.61/SF
Area
Kansas City, MO
Vacancy
3.00%
Lease Rate
$15.96 /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%
$1,277,200
Cap Rate 7%
$912,286
Cap Rate 9%
$709,556
Alternative Uses
Best Use
Specialty Retail
$912.3K
$798.3K – $1.06M
NOI $63,860 @ 7.0% cap · market cap 8.51%
Second Best
Retail
$739.0K
$646.6K – $862.2K
NOI $51,730 @ 7.0% cap · market cap 6.90%
Theoretical Best
Office A
$1.31M
$1.15M – $1.53M
NOI $91,703 @ 7.0% cap · market cap 12.23%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,009
Businesses Nearby
122k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 44%
Shops & Services 39%
Groceries 13%
Apparel 4%
McDonald's
Dining
21,569 visits/mo
0.3 miles
Aldi
Groceries
15,464 visits/mo
0.4 miles
Popeyes Louisiana Kitchen
Dining
11,808 visits/mo
0.2 miles
Wendy's
Dining
11,314 visits/mo
0.3 miles
Captain D's
Dining
7,789 visits/mo
0.2 miles
Demographics for 64110, MO
15,874
Population
8,655
Households
1.8
Avg Household Size
32
Median Age
50%
College-Educated
95%
High-School Grad
3.0 sq mi
ZIP Area
5,291
Density / Sq Mi
$59,710
Median Household Income
$38,852
Median Earnings
$1,155
Median Rent
$238,200
Median Home Value
Market
Vacancy Rate% for Retail in Kansas City, MO
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Bank - Former bank branch offering a drive-thru setup, existing vault, and three-phase power for flexible office, retail, or medical use.
Where is this bank located?
The property is located at 6100 Troost Ave Kansas City, MO.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 5,500 SF former bank branch on approx. 0.75 acres at 6100 Troost Ave, at Troost Ave & 61st St in Kansas City’s urban core; Drive‑thru configuration plus an existing vault; Three‑phase electrical service available
