Renovated Freestanding Office
For Sale
$300,000
1731 W 39th Ave, Kansas City, KS 66103
C-3 zoning supports professional office, medical, and service uses, with on-site parking and a fenced rear yard.
Property Size1,085 SF
Lot Size0.20 Acres
Price / SF$276.50
Days on Market52
Property Features for 1731 W 39th Ave
General Information
Standard status
Active
Size
1,085 SF
Total Parking Spaces
4
Lot size
0.20 Acres
Property subtype
Office
Zoning
C-3
Site & Location
Neighborhood
Rosedale
Highway Access
Yes
Additional Details
Asking Price
$300,000
Building Details
Building Size
1,085 SF
Year Built
1920
Buildings
1
Owner Occupied
No
Listing Agency:
Clemons Real Estate
Listed By:
Cole Stewart · License #2024042020
(913) 568-2003
Source:
Clemonsrealestate
Added: Sep 16
Changed: Oct 28
Last Checked: Nov 4 at 11:11AM
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.
Located at 1731 W 39th Avenue in Kansas City, Kansas, this fully renovated office property includes 1,085 SF on a 0.20-acre lot. The single-story building sits at grade with a full basement below, four dedicated surface parking spaces, and an enclosed rear yard. The property is vacant and can be occupied at closing.
C-3 zoning supports professional office, medical, and service uses. The building offers independent access and on-site parking for staff and visitors, while its position in Rosedale provides access to I-35 via Southwest Boulevard. Drive times are approximately 8 minutes to KU Medical Center, 10 minutes to the Country Club Plaza, 16 minutes to downtown Kansas City, and 32 minutes to KCI Airport.
C-3 zoning supports professional office, medical, and service uses. The building offers independent access and on-site parking for staff and visitors, while its position in Rosedale provides access to I-35 via Southwest Boulevard. Drive times are approximately 8 minutes to KU Medical Center, 10 minutes to the Country Club Plaza, 16 minutes to downtown Kansas City, and 32 minutes to KCI Airport.
Key Highlights
- Fully renovated 1,085 SF office building on a 0.20‑acre lot
- C‑3 zoning supports professional office, medical, and service uses
- Single‑story building with a full basement
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,795
Cap Rate
3.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$215,900
$215.9K
Cap Rate 7%
$154,214
$154.2K
Cap Rate 9%
$119,944
$119.9K
Market Conditions
NOI Build-Up for 1,085 SF
Gross rent
$19.5K $18.00/SF
− Vacancy
−$5.1K −$4.73/SF
EGI
$14.4K $13.27/SF
− OpEx
−$3.6K −$3.32/SF
NOI
$10.8K $9.95/SF
Area
Kansas City, KS
Vacancy
26.30%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$215,900
Cap Rate 7%
$154,214
Cap Rate 9%
$119,944
Alternative Uses
Best Use
Office B
$154.2K
$134.9K – $179.9K
NOI $10,795 @ 7.0% cap · market cap 3.60%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$179.8K
$157.3K – $209.7K
NOI $12,583 @ 7.0% cap · market cap 4.19%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
264
Businesses Nearby
Explore this area
Business Placement
Demographics for 66103, KS
12,741
Population
6,971
Households
1.8
Avg Household Size
33
Median Age
32%
College-Educated
88%
High-School Grad
4.7 sq mi
ZIP Area
2,711
Density / Sq Mi
$49,403
Median Household Income
$39,673
Median Earnings
$1,166
Median Rent
$119,400
Median Home Value
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office building - C-3 zoning supports professional office, medical, and service uses, with on-site parking and a fenced rear yard.
Where is this office building located?
The property is located at 1731 W 39th Ave Kansas City, KS.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Fully renovated 1,085 SF office building on a 0.20‑acre lot; C‑3 zoning supports professional office, medical, and service uses; Single‑story building with a full basement
