Kansas City Office Space
For Sale
Contact for pricing
1800 Baltimore Ave, Kansas City, MO
4,500 square feet of office space for lease.
Property Size4,500 SF
Lot Size0.11 Acres
Price / SF$300
Days on Market284
Property Features for 1800 Baltimore Ave
General Information
Standard status
Active
Size
4,500 SF
Lot size
0.11 Acres
Property subtype
OFFICE
Properties For Sale
at 1800 Baltimore Ave Contact us- Floor
- 1
- Size
- 2,000 SF
- Type
- RETAIL
- Availability
- AVAILABLE, Now
- Sublease
- No
1800 Baltimore Ave
- Floor
- 2
- Size
- 4,500 SF
- Type
- OFFICE
- Availability
- AVAILABLE, Now
- Sublease
- No
1800 Baltimore Ave
- Floor
- 3
- Size
- 4,500 SF
- Type
- OFFICE
- Availability
- AVAILABLE, Now
- Sublease
- No
1800 Baltimore Ave
Listing Agency:
Newmark Zimmer | Kansas City
(816) 512-1010
Listed By:
John Hoefer · License #2015009603
(816) 591-4635
Source:
Moodyscre
Added: Nov 24, 2025
Changed: Aug 8
Last Checked: Sep 1 at 10:47PM
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 Newmark Zimmer | Kansas City
Investment Insights
Based on property information with market context.
Available for lease is an office space located at 1800 Baltimore Ave in Kansas City, MO. The property offers 4,500 square feet of space.
Key Highlights
- 4,500 square feet of office space
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
$63,577
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
4.71%
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%
$1,271,540
$1.3M
Cap Rate 7%
$908,243
$908.2K
Cap Rate 9%
$706,411
$706.4K
Market Conditions
NOI Build-Up for 4,500 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
$101.5K $22.56/SF
− Vacancy
−$16.8K −$3.72/SF
EGI
$84.8K $18.84/SF
− OpEx
−$21.2K −$4.71/SF
NOI
$63.6K $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 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%
$1,271,540
Cap Rate 7%
$908,243
Cap Rate 9%
$706,411
Alternative Uses
Best Use
Office B
$908.2K
$794.7K – $1.06M
NOI $63,577 @ 7.0% cap · market cap 4.71%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.07M
$937.9K – $1.25M
NOI $75,030 @ 7.0% cap · market cap 5.56%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
5,959
Businesses Nearby
Explore this area
Business Placement
Market
Vacancy Rate% for Office in Kansas City, MO
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office units - 4,500 square feet of office space for lease.
Where is this office units located?
The property is located at 1800 Baltimore Ave Kansas City, MO.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: 4,500 square feet of office space
