Multi-Story Office
New
For Sale
$4,250,000
4420 Madison Avenue, Kansas City, MO 64111
A shared conference room, building security, and on-site parking support professional office use.
Property Size23,428 SF
Lot Size0.77 Acres
Price / SF$181.41
Days on Market7
Property Features for 4420 Madison Avenue
General Information
Standard status
Active
Size
23,428 SF
Total Parking Spaces
51
Lot size
0.77 Acres
Zoning
B1-2
Taxes and HOA fees
Annual Taxes
$60,665
Amenities
shared conference facility
modern security infrastructure
prominent signage visibility
Covered, Parking Lot
Building Details
Building Size
23,428 SF
Year Built
1971
Buildings
1
Stories
2
Listed By:
Steven Roberts · License #2021049000
(816) 714-9660
Source:
Evrealestate
Added: Oct 9
Changed: Oct 13
Last Checked: Oct 14 at 11:06PM
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 Steven Roberts
Investment Insights
Based on property information with market context.
This multi-story office property at 4420 Madison Avenue contains 23,428 square feet on a 0.77-acre site. Built in 1971, the building includes a shared conference facility and security infrastructure. Its B1-2 zoning is a further property designation for consideration.
Parking totals 51 spaces: 31 secured spaces and 20 free surface spaces. Signage is present along Madison Avenue, providing an additional identifiable feature of the property.
Parking totals 51 spaces: 31 secured spaces and 20 free surface spaces. Signage is present along Madison Avenue, providing an additional identifiable feature of the property.
Key Highlights
- 23,428‑square‑foot multi‑story office building
- 0.77‑acre site in Kansas City
- 51 parking spaces: 31 secured and 20 free surface
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$330,995
Cap Rate
7.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,619,900
$6.6M
Cap Rate 7%
$4,728,500
$4.7M
Cap Rate 9%
$3,677,722
$3.7M
Market Conditions
NOI Build-Up for 23,428 SF
Gross rent
$528.5K $22.56/SF
− Vacancy
−$87.2K −$3.72/SF
EGI
$441.3K $18.84/SF
− OpEx
−$110.3K −$4.71/SF
NOI
$331.0K $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%
$6,619,900
Cap Rate 7%
$4,728,500
Cap Rate 9%
$3,677,722
Alternative Uses
Best Use
Office B
$4.73M
$4.14M – $5.52M
NOI $330,995 @ 7.0% cap · market cap 7.79%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.58M
$4.88M – $6.51M
NOI $390,622 @ 7.0% cap · market cap 9.19%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Location Intelligence
Trade Area within ½ mile
5,069
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Kansas City, MO
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Frequently Asked Questions
What type of property is this?
Office building - A shared conference room, building security, and on-site parking support professional office use.
Where is this office building located?
The property is located at 4420 Madison Avenue Kansas City, MO.
What is the asking price?
The asking price for this property is $4,250,000.
What are key features of this property?
This property features: 23,428‑square‑foot multi‑story office building; 0.77‑acre site in Kansas City; 51 parking spaces: 31 secured and 20 free surface
