Mixed-Use Property with Rooftop
For Sale
Contact for pricing
325 E 31st St, Kansas City, MO 64111
Updated commercial space with rooftop terrace, loading dock potential, and convenient streetcar access.
Property Size21,000 SF
Price / SF$200
Days on Market579
Property Features for 325 E 31st St
General Information
Standard status
Active
Size
21,000 SF
Property subtype
RETAIL
Additional Details
Highway Access
Yes
Amenities
secured 24/7 access
rooftop terrace
Building Details
Year Renovated
2020
Listing Agency:
Clemons Real Estate
(816) 621-2130
Listed By:
Zach Fowle · License #2021020800
(816) 645-9203
Source:
Moodyscre
Added: Mar 19, 2025
Changed: Oct 4
Last Checked: Oct 16 at 10:18AM
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
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Investment Insights
Based on property information with market context.
This 21,000-square-foot mixed-use property at 325 E 31st St in Kansas City, Missouri, was renovated in 2020. The building offers potential for retail and office use, along with loading dock options, secured 24/7 access, and a rooftop terrace.
The property provides highway access and is a 5-minute walk from the Main Street streetcar. Its setting is also walkable to restaurants, coffee shops, and entertainment. Street frontage and access to public transit support convenient arrival for customers and employees.
The property provides highway access and is a 5-minute walk from the Main Street streetcar. Its setting is also walkable to restaurants, coffee shops, and entertainment. Street frontage and access to public transit support convenient arrival for customers and employees.
Key Highlights
- 21,000 square feet of mixed‑use commercial space
- Renovated in 2020
- Retail, office, and loading dock options
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$231,053
Cap Rate
5.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,621,060
$4.6M
Cap Rate 7%
$3,300,757
$3.3M
Cap Rate 9%
$2,567,256
$2.6M
Market Conditions
NOI Build-Up for 21,000 SF
Gross rent
$410.8K $19.56/SF
− Vacancy
−$41.1K −$1.96/SF
EGI
$369.7K $17.60/SF
− OpEx
−$138.6K −$6.60/SF
NOI
$231.1K $11.00/SF
Area
Kansas City, MO
Vacancy
10.00%
Lease Rate
$19.56 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,621,060
Cap Rate 7%
$3,300,757
Cap Rate 9%
$2,567,256
Alternative Uses
Best Use
Mixed Use
$3.30M
$2.89M – $3.85M
NOI $231,053 @ 7.0% cap · market cap 5.50%
Second Best
Retail
$2.82M
$2.47M – $3.29M
NOI $197,513 @ 7.0% cap · market cap 4.70%
Theoretical Best
Office A
$5.00M
$4.38M – $5.84M
NOI $350,139 @ 7.0% cap · market cap 8.34%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,814
Businesses Nearby
262k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 39%
Dining 25%
Shops & Services 21%
Home Improvements & Furnishings 14%
Costco Wholesale
Superstores
102,263 visits/mo
0.2 miles
The Home Depot
Home Improvements & Furnishings
35,462 visits/mo
0.3 miles
McDonald's
Dining
26,020 visits/mo
0.3 miles
Costco Gasoline
Shops & Services
24,626 visits/mo
0.3 miles
Wendy's
Dining
18,692 visits/mo
0.2 miles
Demographics for 64111, MO
17,112
Population
12,430
Households
1.4
Avg Household Size
33
Median Age
64%
College-Educated
96%
High-School Grad
2.7 sq mi
ZIP Area
6,338
Density / Sq Mi
$61,802
Median Household Income
$49,942
Median Earnings
$1,184
Median Rent
$269,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Kansas City, MO
Frequently Asked Questions
What type of property is this?
Mixed-use property - Updated commercial space with rooftop terrace, loading dock potential, and convenient streetcar access.
Where is this mixed-use property located?
The property is located at 325 E 31st St Kansas City, MO.
What is the asking price?
The asking price for this property is $4,200,000.
What are key features of this property?
This property features: 21,000 square feet of mixed‑use commercial space; Renovated in 2020; Retail, office, and loading dock options
