Renovated Office Condo
1924 Nw Copper Oaks Cir Blue Springs, MO 64015
1924 Nw Copper Oaks Cir, Blue Springs, MO, 64015
$145,000
For Sale
$145,000
Renovated office condo with an open layout and kitchenette, located in Blue Springs’ Copper Oaks professional corridor.
Property Size1,000 SF
Price / SF$145
Days on Market35
Property Features for 1924 Nw Copper Oaks Cir
General Information
- Standard status
- Active
- Size
- 1,000 SF
Listing agency
1st Class Real Estate KC
(816) 216-8377
Listed by
Alex Zachgo
(816) 216-8377
Source
Exprealty
Added: Jun 18 Updated: Jul 22 at 10:18AM Checked: Jul 22 at 10:18AM
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 1st Class Real Estate KC
Investment Insights
Based on property information with market context.
A renovated office condo offering approximately 1,000 SF of flexible, open floor plan space designed for a variety of office layouts. The unit includes a kitchenette/break room and updates throughout, so the space is ready for furniture and immediate occupancy.
The property is located within Blue Springs’ established Copper Oaks professional corridor, positioning it among other office-oriented businesses.
This offering is suited to owner-users seeking a low-overhead alternative to leasing, and also to investors looking for a stabilized office asset.
The property is located within Blue Springs’ established Copper Oaks professional corridor, positioning it among other office-oriented businesses.
This offering is suited to owner-users seeking a low-overhead alternative to leasing, and also to investors looking for a stabilized office asset.
Key Highlights
- 1,000 SF renovated office condo in Blue Springs’ Copper Oaks professional corridor
- Open floor plan provides a flexible layout for business needs
- Includes a kitchenette/break room
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $18.4k | $18.36 |
| − Vacancy | −$3.0k | −$2.96 |
| EGI | $15.4k | $15.40 |
| − OpEx | −$3.9k | −$3.85 |
| NOI | $11.6k | $11.55 |
1,000 SF · lease $18.36/SF/yr · vacancy 16.10% · expense 25.00%
Alternative Uses
Best Use
Office B
$165.0K
$144.4K – $192.6K
NOI $11,553 @ 7.0% cap · market cap 7.97%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$263.0K
$230.1K – $306.8K
NOI $18,410 @ 7.0% cap · market cap 12.70%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Marvel Lennis
Foster Care Service
Jeff Miller Ph.D.
Physician
Sara Cole
Physician
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Renovated office condo with an open layout and kitchenette, located in Blue Springs’ Copper Oaks professional corridor.
Where is this office units located?
The property is located at 1924 Nw Copper Oaks Cir Blue Springs, MO.
What is the asking price?
The asking price for this property is $145,000.
What are key features of this property?
This property features: 1,000 SF renovated office condo in Blue Springs’ Copper Oaks professional corridor; Open floor plan provides a flexible layout for business needs; Includes a kitchenette/break room
