Owner-Occupant Office
For Sale
Contact for pricing
Pending
3 E Armour Blvd, Kansas City, MO 64111
For sale office building offering up to 15,000 SF of available workspace.
Property Size38,200 SF
Days on Market502
Property Features for 3 E Armour Blvd
General Information
Standard status
Pending
Size
38,200 SF
Property subtype
OFFICE
Listing Agency:
Clemons Real Estate
(816) 621-2130
Listed By:
Audrey Navarro · License #2003023010
Source:
Moodyscre
Added: Mar 19, 2025
Changed: Jul 29
Last Checked: Aug 1 at 6:54AM
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 Clemons Real Estate
Investment Insights
Based on property information with market context.
This office building is a strong fit for an owner-occupant, with up to 15,000 SF of office space available. The property is offered for sale as a commercial real estate asset totaling 38,200 square feet.
The offering is located at 3 E Armour Blvd in Kansas City, Missouri, and is presented as a flexible office option based on the available space.
Prospective purchasers should review the available office layout and space configuration to confirm fit for their intended occupancy or tenant needs.
The offering is located at 3 E Armour Blvd in Kansas City, Missouri, and is presented as a flexible office option based on the available space.
Prospective purchasers should review the available office layout and space configuration to confirm fit for their intended occupancy or tenant needs.
Key Highlights
- Office building for sale offering up to 15,000 SF of available workspace
- Suitable for an owner‑occupant
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 | $861.8k | $22.56 |
| − Vacancy | −$142.2k | −$3.72 |
| EGI | $719.6k | $18.84 |
| − OpEx | −$179.9k | −$4.71 |
| NOI | $539.7k | $14.13 |
38,200 SF · lease $22.56/SF/yr · vacancy 16.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$7.71M
$6.75M – $8.99M
NOI $539,697 @ 7.0% cap · market cap 9.07%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$9.10M
$7.96M – $10.62M
NOI $636,919 @ 7.0% cap · market cap 10.70%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,253
Businesses Nearby
Explore this area
Business Placement
Demographics for 64111, MO
17,112
Population
12,430
Households
1.4
Avg Household Size
33
Median Age
64%
College-Educated
96%
High-School Grad
2.7 sq mi
ZIP Area
6,338
Density / Sq Mi
$61,802
Median Household Income
$49,942
Median Earnings
$1,184
Median Rent
$269,500
Median Home Value
Market
Vacancy Rate% for Office in Kansas City, MO
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - For sale office building offering up to 15,000 SF of available workspace.
Where is this office building located?
The property is located at 3 E Armour Blvd Kansas City, MO.
What is the asking price?
The asking price for this property is $5,950,000.
What are key features of this property?
This property features: Office building for sale offering up to 15,000 SF of available workspace; Suitable for an owner‑occupant
