Office Unit with Private
For Sale
Contact for pricing
2201 W 43rd Avenue, Kansas City, KS 66103
A flexible office layout includes a conference room, kitchenette, full bath, and garage and basement storage.
Property Size1,138 SF
Price / SF$1.76
Days on Market46
Property Features for 2201 W 43rd Avenue
General Information
Standard status
Active
Size
1,138 SF
Property subtype
Office
Site & Location
Neighborhood
Rosedale
Additional Details
Tenant in Place
Yes
Amenities
Conference Room
Garage & Basement Storage
Kitchenette
1 Full Bath
Building Details
Year Built
1940
Listing Agency:
The Tiehen Group
(913) 648-1188
Listed By:
James Tiehen · License #BR00023809
(913) 208-0085
Source:
Legendaryapartmentbrokers
Added: Sep 16
Changed: Oct 28
Last Checked: Oct 28 at 4:03PM
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 The Tiehen Group
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Investment Insights
Based on property information with market context.
This 1,138-square-foot office unit, built in 1940, includes 3–4 private offices and a conference room. A kitchenette and one full bathroom support day-to-day office use, while garage and basement areas provide additional storage. Off-street parking is also available.
The property is on W 43rd Avenue in Kansas City, Kansas, with proximity to KU Med, Midtown, The Country Club Plaza, and Downtown. The tenant is responsible for utilities, interior maintenance, lawn care, and snow removal.
The property is on W 43rd Avenue in Kansas City, Kansas, with proximity to KU Med, Midtown, The Country Club Plaza, and Downtown. The tenant is responsible for utilities, interior maintenance, lawn care, and snow removal.
Key Highlights
- 1,138 square feet with 3–4 private offices
- Conference room, kitchenette, and one full bath
- Garage and basement storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,323
Suggested Prices Based on Cap Rates
Cap Rate 5%
$226,460
$226.5K
Cap Rate 7%
$161,757
$161.8K
Cap Rate 9%
$125,811
$125.8K
Market Conditions
NOI Build-Up for 1,138 SF
Gross rent
$20.5K $18.00/SF
− Vacancy
−$5.4K −$4.73/SF
EGI
$15.1K $13.27/SF
− OpEx
−$3.8K −$3.32/SF
NOI
$11.3K $9.95/SF
Area
Kansas City, KS
Vacancy
26.30%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$226,460
Cap Rate 7%
$161,757
Cap Rate 9%
$125,811
Alternative Uses
Best Use
Office B
$161.8K
$141.5K – $188.7K
NOI $11,323 @ 7.0% cap · market cap 566.15%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$188.5K
$165.0K – $220.0K
NOI $13,197 @ 7.0% cap · market cap 659.85%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
3,267
Businesses Nearby
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Business Placement
Demographics for 66103, KS
12,741
Population
6,971
Households
1.8
Avg Household Size
33
Median Age
32%
College-Educated
88%
High-School Grad
4.7 sq mi
ZIP Area
2,711
Density / Sq Mi
$49,403
Median Household Income
$39,673
Median Earnings
$1,166
Median Rent
$119,400
Median Home Value
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office unit - A flexible office layout includes a conference room, kitchenette, full bath, and garage and basement storage.
Where is this office unit located?
The property is located at 2201 W 43rd Avenue Kansas City, KS.
What are key features of this property?
This property features: 1,138 square feet with 3–4 private offices; Conference room, kitchenette, and one full bath; Garage and basement storage
