Private Office
2009 Buchanan Street, North Kansas City, MO 64116
For Sale
Contact for pricing
A renovated, non-shared office setting includes private rooms and on-site parking.
Property Size850 SF
Price / SF$2.59
Days on Market92
Property Features for 2009 Buchanan Street
General Information
Standard status
Size
Property subtype
Additional Details
Property Use
Building Details
Year Built
Listing Agency:
ReeceNichols-KCN
(816) 468-8555
Listed By:
The Small Team
(816) 407-5224
Source:
Legendaryapartmentbrokers
Added: Aug 10
Changed: Nov 9
Last Checked: Nov 8 at 3:23PM
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 ReeceNichols-KCN
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 850-square-foot office building, constructed in 1935, has been remodeled and is arranged with private offices. The property is occupied by one user rather than shared with other businesses, and parking is available on-site.
At 2009 Buchanan Street in North Kansas City, the office is just north of downtown, near Armour Road and east of Burlington Street. The location offers access to those corridors and the downtown area.
At 2009 Buchanan Street in North Kansas City, the office is just north of downtown, near Armour Road and east of Burlington Street. The location offers access to those corridors and the downtown area.
Key Highlights
- 850‑square‑foot office building
- Remodeled interior with private offices
- Single‑user building with on‑site parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,966
Suggested Prices Based on Cap Rates
Cap Rate 5%
$239,320
$239.3K
Cap Rate 7%
$170,943
$170.9K
Cap Rate 9%
$132,956
$133.0K
Market Conditions
NOI Build-Up for 850 SF
Gross rent
$18.4K $21.60/SF
− Vacancy
−$2.4K −$2.83/SF
EGI
$16.0K $18.77/SF
− OpEx
−$4.0K −$4.69/SF
NOI
$12.0K $14.08/SF
Area
Clay County, MO
Vacancy
13.10%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$239,320
Cap Rate 7%
$170,943
Cap Rate 9%
$132,956
Alternative Uses
Best Use
Office B
$170.9K
$149.6K – $199.4K
NOI $11,966 @ 7.0% cap · market cap 543.91%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$260.2K
$227.7K – $303.6K
NOI $18,217 @ 7.0% cap · market cap 828.05%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
656
Businesses Nearby
Explore this area
Business Placement
Demographics for 64116, MO
17,670
Population
9,691
Households
1.8
Avg Household Size
38
Median Age
41%
College-Educated
94%
High-School Grad
10.8 sq mi
ZIP Area
1,636
Density / Sq Mi
$63,352
Median Household Income
$42,653
Median Earnings
$1,252
Median Rent
$226,600
Median Home Value
Market
Properties on Market for Office buildings in Clay County
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office building - A renovated, non-shared office setting includes private rooms and on-site parking.
Where is this office building located?
The property is located at 2009 Buchanan Street North Kansas City, MO.
What are key features of this property?
This property features: 850‑square‑foot office building; Remodeled interior with private offices; Single‑user building with on‑site parking
