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Property profile & analytics
OFF-MARKET Estimated value $610,000
Retail space

1701 Minnesota Ave Kansas City, KS 66102-4221

10,812 SF 0.36 ac lot Built 1930
Entity Owned 6-yr Hold Free & Clear
Property ID
US33-0401189
Property summary
AI-generated overview

This exceptional 10,729-square-foot industrial property, located at 1701 Minnesota Ave in Kansas City, Kansas (zip code 66102), presents a unique investment opportunity. The building, classified as Class B, boasts a versatile layout suitable for auto shops, flex users, or warehouse operations. Built in 1930 and renovated in 1995, the two-story structure features a 16-foot ceiling height, providing ample vertical space. The property includes 6,007 square feet of warehouse space and 4,722 square feet of office/showroom area. Recent improvements include new paint and LED lighting throughout, enhancing both aesthetics and energy efficiency. The roofs have been recently replaced, and transferable warranties are available. A wet sprinkler system is in place, ensuring fire safety. The property is zoned C-3 and offers a net rentable area of 10,729 square feet, priced at $70.37 per square foot, with an asking price of $755,000. While there are no dock-high doors, the flexible layout and substantial square footage make this a highly attractive option for a variety of commercial uses. The property's location in Wyandotte County provides easy access to major transportation routes and a thriving commercial district.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1930
Construction BRICK
Total area 10,812 SF
Lot 0.36 ac (15,856 SF)
APN 91555
UPID US33-0401189
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Auto Dent Company Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$440k
CAP Approach CAP
by Request
Comparable Approach Comparable
$784k
Blend (final) Blend
$610k
Owner & transaction history
Cashen Brothers LLC · 6 yrs held
Cashen Brothers LLC
since 2019
2 recorded transactions
2019
Price N/A
2015
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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