Lower-Level Office
For Sale
Contact for pricing
3622 Noland Court, Independence, MO 64055
An open-plan layout includes private offices and two bathrooms, with access at parking-lot level.
Property Size3,400 SF
Price / SF$0.00
Days on Market66
Property Features for 3622 Noland Court
General Information
Standard status
Active
Size
3,400 SF
Property subtype
Office
Site & Location
Neighborhood
Luff
Additional Details
Floor
Lower Level
Property Use
Office
Building Details
Year Built
1968
Buildings
1
Stories
2
Owner Occupied
Yes
Listing Agency:
Keller Williams KC North
(816) 452-4200
Listed By:
Julissa Desmond · License #2026027823
(816) 898-1132
Source:
Legendaryapartmentbrokers
Added: Aug 25
Changed: Oct 28
Last Checked: Oct 28 at 4:31PM
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 Keller Williams KC North
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Investment Insights
Based on property information with market context.
The lower level of a two-story office building offers 3,400 square feet of space, including two private offices, two bathrooms, and an open-plan area. The layout combines enclosed office space with room for a range of configurations. Access is at parking-lot level. The building was constructed in 1968.
Key Highlights
- 3,400 square feet on the lower level of a two‑story building
- Two private offices and two bathrooms
- Open‑plan area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$52,020
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,040,400
$1.0M
Cap Rate 7%
$743,143
$743.1K
Cap Rate 9%
$578,000
$578.0K
Market Conditions
NOI Build-Up for 3,400 SF
Gross rent
$81.6K $24.00/SF
− Vacancy
−$12.2K −$3.60/SF
EGI
$69.4K $20.40/SF
− OpEx
−$17.3K −$5.10/SF
NOI
$52.0K $15.30/SF
Area
Independence, MO
Vacancy
15.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,040,400
Cap Rate 7%
$743,143
Cap Rate 9%
$578,000
Alternative Uses
Best Use
Office B
$743.1K
$650.3K – $867.0K
NOI $52,020 @ 7.0% cap · market cap 520,200.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.00M
$879.2K – $1.17M
NOI $70,339 @ 7.0% cap · market cap 703,390.00%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
542
Businesses Nearby
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Business Placement
Demographics for 64055, MO
36,225
Population
16,900
Households
2.1
Avg Household Size
44
Median Age
24%
College-Educated
93%
High-School Grad
12.5 sq mi
ZIP Area
2,898
Density / Sq Mi
$64,646
Median Household Income
$42,121
Median Earnings
$1,098
Median Rent
$173,400
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 - An open-plan layout includes private offices and two bathrooms, with access at parking-lot level.
Where is this office unit located?
The property is located at 3622 Noland Court Independence, MO.
What are key features of this property?
This property features: 3,400 square feet on the lower level of a two‑story building; Two private offices and two bathrooms; Open‑plan area
