Office
For Sale
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1715 Baltimore Avenue, Kansas City, MO 64108
Office property located on Baltimore Avenue in Kansas City, Missouri.
Property Size12,000 SF
Price / SF$237.50
Days on Market77
Property Features for 1715 Baltimore Avenue
General Information
Standard status
Active
Size
12,000 SF
Property subtype
Office
Site & Location
Neighborhood
Crossroads
Listing Agency:
Colliers - Kansas City, Missouri
Listed By:
jeff winters · License #1
(816) 556-1109
Source:
Crexi
Added: Aug 10
Changed: Oct 10
Last Checked: Oct 24 at 2:21PM
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 Colliers - Kansas City, Missouri
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This office building is located at 1715 Baltimore Ave in Kansas City, Missouri. The property is offered for sale as an office asset.
Key Highlights
- 1715 Baltimore Ave, Kansas City, MO 64108
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$169,538
Cap Rate
5.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,390,760
$3.4M
Cap Rate 7%
$2,421,971
$2.4M
Cap Rate 9%
$1,883,756
$1.9M
Market Conditions
NOI Build-Up for 12,000 SF
Gross rent
$270.7K $22.56/SF
− Vacancy
−$44.7K −$3.72/SF
EGI
$226.1K $18.84/SF
− OpEx
−$56.5K −$4.71/SF
NOI
$169.5K $14.13/SF
Area
Kansas City, MO
Vacancy
16.50%
Lease Rate
$22.56 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,390,760
Cap Rate 7%
$2,421,971
Cap Rate 9%
$1,883,756
Alternative Uses
Best Use
Office B
$2.42M
$2.12M – $2.83M
NOI $169,538 @ 7.0% cap · market cap 5.95%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.86M
$2.50M – $3.33M
NOI $200,079 @ 7.0% cap · market cap 7.02%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
5,959
Businesses Nearby
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Business Placement
Demographics for 64108, MO
9,839
Population
6,141
Households
1.6
Avg Household Size
35
Median Age
51%
College-Educated
90%
High-School Grad
3.7 sq mi
ZIP Area
2,659
Density / Sq Mi
$74,462
Median Household Income
$53,521
Median Earnings
$1,422
Median Rent
$286,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Kansas City, MO
Frequently Asked Questions
What type of property is this?
Office building - Office property located on Baltimore Avenue in Kansas City, Missouri.
Where is this office building located?
The property is located at 1715 Baltimore Avenue Kansas City, MO.
What is the asking price?
The asking price for this property is $2,850,000.
What are key features of this property?
This property features: 1715 Baltimore Ave, Kansas City, MO 64108
