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4512 Roanoke Parkway, Kansas City, MO 64111

A 1,270 SF stand-alone office building along Roanoke Parkway with visibility to 18,740 CPD.

Property Size1,270 SF
Price / SF$392.68
Days on Market57

Property Features for 4512 Roanoke Parkway

General Information

Standard status Active
Size 1,270 SF
Property subtype Office
Investment Type Owner/User

Site & Location

Traffic Count 18,740 vehicles/day
Road Access Yes

Building Details

Buildings 1
Listing Agency: Lane4 Property Group
Listed By: Mike Levitan · License #KS 00225775
Source: Crexi
Added: Jul 8 Changed: Aug 31 Last Checked: Sep 2 at 5:20PM

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 Lane4 Property Group

Investment Insights

Based on property information with market context.

This stand-alone office building offers 1,270 SF, making it a practical owner-user opportunity for a small business. The property is positioned for straightforward occupancy with a dedicated, standalone configuration rather than a shared multi-tenant setup.

Located along Roanoke Parkway, the site provides easy access to Country Club Plaza, Westport, and the University of Kansas Medical Center. The building also benefits from good visibility, with traffic counts reported at 18,740 CPD on Roanoke Parkway.

For buyers seeking an owner-user office with direct street presence, this property’s size and standalone format are designed to support business use at a manageable scale.

Key Highlights

  • 1,270 SF stand‑alone office building for owner‑users and small businesses
  • Located along Roanoke Parkway with visibility to 18,740 CPD
  • Easy access to Country Club Plaza, Westport, and the University of Kansas Medical Center

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$17,943
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.60%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$358,860 $358.9K
Cap Rate 7%
$256,329 $256.3K
Cap Rate 9%
$199,367 $199.4K
Market Conditions
NOI Build-Up for 1,270 SF 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.
Gross rent
$28.7K $22.56/SF
− Vacancy
−$4.7K −$3.72/SF
EGI
$23.9K $18.84/SF
− OpEx
−$6.0K −$4.71/SF
NOI
$17.9K $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 rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$358,860
Cap Rate 7%
$256,329
Cap Rate 9%
$199,367

Alternative Uses

Best Use
Office B
$256.3K
$224.3K – $299.1K (±1% cap)
NOI $17,943 @ 7.0% cap · market cap 3.60%
Second Best
no second resolved use
Theoretical Best
Office A
$302.5K
$264.7K – $352.9K (±1% cap)
NOI $21,175 @ 7.0% cap · market cap 4.25%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Plaza For Rent Real Estate Agency Transitions Kc Community Center Berg Marketing Associates Advertising Agency

Suggested Use

Top Pick Electrical Service Daycare Center (Bike/Boat/Book/etc) Store Locksmith Carpet & Flooring Store Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

18,740 VPD
Traffic count
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

4,681
Businesses Nearby

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

13.7% 2019
15.9% 2020
18.4% 2021
20.8% 2022
22% 2023
21.4% 2024
19.7% 2025
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Frequently Asked Questions

What type of property is this?
Office units - A 1,270 SF stand-alone office building along Roanoke Parkway with visibility to 18,740 CPD.
Where is this office units located?
The property is located at 4512 Roanoke Parkway Kansas City, MO.
What is the asking price?
The asking price for this property is $498,700.
What are key features of this property?
This property features: 1,270 SF stand‑alone office building for owner‑users and small businesses; Located along Roanoke Parkway with visibility to 18,740 CPD; Easy access to Country Club Plaza, Westport, and the University of Kansas Medical Center
(816) 895-4800 Call to check price and availability
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