Automotive Shop and
For Sale
Contact for pricing
14901 E US Hwy 40, Kansas City, MO 64136
Multi-use automotive property with a 3,500 SF shop/garage, 5 drive-in doors, and gated ground on 4.44 acres.
Property Size3,500 SF
Lot Size4.44 Acres
Price / SF$198.57
Days on Market42
Property Features for 14901 E US Hwy 40
General Information
Standard status
Active
Size
3,500 SF
Lot size
4.44 Acres
Property subtype
LAND
Zoning
R-2
Site & Location
Highway Access
Yes
Road Access
Yes
Fenced Yard
Yes
Outdoor Storage
Yes
Additional Details
Drive-In Doors
5
Multifamily Units
1
Listing Agency:
Haith and Company, Inc.
(913) 888-3456
Listed By:
Jake LaFevers · License #2011012354
(816) 642-7287
Source:
Moodyscre
Added: Jul 14
Changed: Aug 14
Last Checked: Aug 23 at 9:53AM
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 Haith and Company, Inc.
Investment Insights
Based on property information with market context.
This 4.44-acre automotive property includes approximately 3 acres of gated, usable ground and a 3,500 SF building comprised of 1,700 SF shop space and 1,800 SF garage space. The building also features an upper-level residential unit. Operational access is supported by five drive-in doors, including one lift-height door.
The site is positioned on prominent US-40 frontage with high daily traffic. The property carries R-2 zoning and has been used as an approved used-car-lot site. Environmental items have been addressed, as tanks have been removed and MO DNR sign-off is on file.
Additional income is provided via a billboard with $6,000 per year, supported by a 25-year lease that remains in place from 2004 and is set to be renegotiated in 2029. A dealer’s license is available from the seller.
The site is positioned on prominent US-40 frontage with high daily traffic. The property carries R-2 zoning and has been used as an approved used-car-lot site. Environmental items have been addressed, as tanks have been removed and MO DNR sign-off is on file.
Additional income is provided via a billboard with $6,000 per year, supported by a 25-year lease that remains in place from 2004 and is set to be renegotiated in 2029. A dealer’s license is available from the seller.
Key Highlights
- 4.44‑acre property with ~3 acres of gated, usable ground
- 3,500 SF building split into 1,700 SF shop + 1,800 SF garage
- 5 drive‑in doors (including one lift‑height door)
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
$32,919
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
4.74%
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%
$658,380
$658.4K
Cap Rate 7%
$470,271
$470.3K
Cap Rate 9%
$365,767
$365.8K
Market Conditions
NOI Build-Up for 3,500 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
$49.1K $14.04/SF
− Vacancy
−$2.1K −$0.60/SF
EGI
$47.0K $13.44/SF
− OpEx
−$14.1K −$4.03/SF
NOI
$32.9K $9.41/SF
Area
Kansas City, MO
Vacancy
4.30%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
30.00%
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%
$658,380
Cap Rate 7%
$470,271
Cap Rate 9%
$365,767
Alternative Uses
Best Use
Retail
$470.3K
$411.5K – $548.7K
NOI $32,919 @ 7.0% cap · market cap 4.74%
Second Best
Industrial
$329.4K
$288.3K – $384.3K
NOI $23,060 @ 7.0% cap · market cap 3.32%
Theoretical Best
Office A
$833.7K
$729.5K – $972.6K
NOI $58,356 @ 7.0% cap · market cap 8.40%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
5
Drive-in doors
1
Residential units
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
233
Businesses Nearby
8k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 50%
Shops & Services 50%
Dairy Queen
Dining
3,296 visits/mo
0.4 miles
Valvoline Instant Oil Change
Shops & Services
2,181 visits/mo
0.3 miles
Phillips 66
Shops & Services
1,285 visits/mo
0.4 miles
SUBWAY
Dining
800 visits/mo
0.4 miles
Public Storage
Shops & Services
594 visits/mo
0.4 miles
Demographics for 64136, MO
2,164
Population
804
Households
2.7
Avg Household Size
39
Median Age
33%
College-Educated
97%
High-School Grad
4.3 sq mi
ZIP Area
503
Density / Sq Mi
$55,789
Median Household Income
$55,504
Median Earnings
$1,071
Median Rent
$178,900
Median Home Value
Market
Vacancy Rate% for Retail in Kansas City, MO
Questions? Ask Rey
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Similar Off Market Nearby
- Tires Plus — 13901 E 42nd Terrace S, Independence, MO 64055
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Frequently Asked Questions
What type of property is this?
Auto shop - Multi-use automotive property with a 3,500 SF shop/garage, 5 drive-in doors, and gated ground on 4.44 acres.
Where is this auto shop located?
The property is located at 14901 E US Hwy 40 Kansas City, MO.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: 4.44‑acre property with ~3 acres of gated, usable ground; 3,500 SF building split into 1,700 SF shop + 1,800 SF garage; 5 drive‑in doors (including one lift‑height door)
