Multi-Unit Office
1941 Central St Kansas City, MO 64108
1941 Central St, Kansas City, MO, 64108
Contact for pricing
For Sale
Contact for pricing
Office building offered for sale with approximately 9,900 square feet of space.
Property Size9,900 SF
Price / SF$170
Days on Market104
Property Features for 1941 Central St
General Information
- Standard status
- Active
- Size
- 9,900 SF
- Property subtype
- Office, Industrial, Mixed Use
Listing agency
Newmark
(816) 268-4248
Listed by
John Hoefer · License #2015009603
Source
Crexi
Added: Apr 10 Updated: Jul 21 at 12:48PM Checked: Jul 21 at 12:48PM
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
Investment Insights
Based on property information with market context.
This property is an office building with approximately 9,900 square feet of total space, offered for sale.
The offering is located at 1941 Central St in Kansas City, Missouri. Additional details on layout, condition, and unit configuration are not provided in the information available.
For buyers and brokers, the stated size supports a variety of office-oriented uses, and the property can be evaluated further through available marketing materials and direct tours.
The offering is located at 1941 Central St in Kansas City, Missouri. Additional details on layout, condition, and unit configuration are not provided in the information available.
For buyers and brokers, the stated size supports a variety of office-oriented uses, and the property can be evaluated further through available marketing materials and direct tours.
Key Highlights
- Office building for sale with approximately 9,900 SqFt of space
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 | $223.3k | $22.56 |
| − Vacancy | −$36.9k | −$3.72 |
| EGI | $186.5k | $18.84 |
| − OpEx | −$46.6k | −$4.71 |
| NOI | $139.9k | $14.13 |
9,900 SF · lease $22.56/SF/yr · vacancy 16.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.00M
$1.75M – $2.33M
NOI $139,869 @ 7.0% cap · market cap 8.31%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.36M
$2.06M – $2.75M
NOI $165,065 @ 7.0% cap · market cap 9.81%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Sutherlin Optical
Ophthalmologist
Sutherlin Optical Lab
Ophthalmologist
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Office building offered for sale with approximately 9,900 square feet of space.
Where is this office building located?
The property is located at 1941 Central St Kansas City, MO.
What is the asking price?
The asking price for this property is $1,683,000.
What are key features of this property?
This property features: Office building for sale with approximately 9,900 SqFt of space
