Creative Studio
215 West 19 Street, Kansas City, MO 64108
For Sale
Contact for pricing
Production infrastructure and rooftop outdoor space complement office and conference areas.
Property Size12,500 SF
Price / SF$400
Days on Market51
Property Features for 215 West 19 Street
General Information
Standard status
Size
Property subtype
Amenities
cyclorama walls
drive-in doors
kitchen
rooftop patio
Building Details
Buildings
Stories
Building Size
Listing Agency:
Newmark
Listed By:
John Hoefer · License MO #2015009603
(816) 268-4248
Source:
Crexi
Added: Sep 21
Changed: Oct 27
Last Checked: Nov 8 at 7:32AM
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
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.
The three-floor creative property contains ±12,500 SF of space, with production and studio infrastructure alongside open office areas and private offices or conference rooms. Two cyclorama walls and drive-in doors are part of the existing buildout. Penthouse space adds a kitchen, full bathroom, and rooftop patio.
The property is in the Crossroads, within walking distance of dozens of restaurants and hotels.
The property is in the Crossroads, within walking distance of dozens of restaurants and hotels.
Key Highlights
- ±12,500 SF across 3 floors
- Production and studio infrastructure includes two cyclorama walls
- Drive‑in doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$176,603
Cap Rate
3.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,532,060
$3.5M
Cap Rate 7%
$2,522,900
$2.5M
Cap Rate 9%
$1,962,256
$2.0M
Market Conditions
NOI Build-Up for 12,500 SF
Gross rent
$282.0K $22.56/SF
− Vacancy
−$46.5K −$3.72/SF
EGI
$235.5K $18.84/SF
− OpEx
−$58.9K −$4.71/SF
NOI
$176.6K $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 Rate 5%
$3,532,060
Cap Rate 7%
$2,522,900
Cap Rate 9%
$1,962,256
Alternative Uses
Best Use
Office B
$2.52M
$2.21M – $2.94M
NOI $176,603 @ 7.0% cap · market cap 3.53%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.98M
$2.61M – $3.47M
NOI $208,416 @ 7.0% cap · market cap 4.17%
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
412
Businesses Nearby
Explore this area
Business Placement
Demographics for 64108, MO
9,839
Population
6,141
Households
1.6
Avg Household Size
35
Median Age
51%
College-Educated
90%
High-School Grad
3.7 sq mi
ZIP Area
2,659
Density / Sq Mi
$74,462
Median Household Income
$53,521
Median Earnings
$1,422
Median Rent
$286,300
Median Home Value
Market
Vacancy Rate% for Office in Kansas City, MO
Frequently Asked Questions
What type of property is this?
Creative space - Production infrastructure and rooftop outdoor space complement office and conference areas.
Where is this creative space located?
The property is located at 215 West 19 Street Kansas City, MO.
What is the asking price?
The asking price for this property is $5,000,000.
What are key features of this property?
This property features: ±12,500 SF across 3 floors; Production and studio infrastructure includes two cyclorama walls; Drive‑in doors
