3016 Cherry St, Kansas City, MO
6,250 SF creative space in prime Union Hill location.
- Added:
- Aug 12, 2025
- Days on Market:
- 304
- Last Refresh:
- May 20 at 8:17 pm
Property Features for 3016 Cherry St
General Information
- Standard status
- Active
- Size
- 6,250 SF
- Lot size
- 0.15 Acres
- Property subtype
- OFFICE
Listing agent Phil James License #00238370 (816) 305-8525
Listing office Colliers | Kansas City (816) 531-5303
Listing date Aug 12, 2025
Source Moodyscre
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 Colliers | Kansas City
HighLights
- Prime location in Union Hill with easy access to entertainment, retail, and job centers
- Creative multipurpose building/event center space
- 6,250± SF building
- Outdoor courtyard that can also serve as private parking
- Photography studio with cyc wall
- Sale price: $1,200,000
Overview
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 | $141.0k | $22.56 |
| − Vacancy | −$23.3k | −$3.72 |
| EGI | $117.7k | $18.84 |
| − OpEx | −$29.4k | −$4.71 |
| NOI | $88.3k | $14.13 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Kansas City
- County
- Platte
- State
- Missouri
- Longitude
- -94.578
- Latitude
- 39.0719
