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Industrial Flex Property with Office Space
For Sale
$899,000

4702 Eastern Ave, Kansas City, MO 64129

M1-5 zoning supports office, warehouse, storage, and industrial functions.

Property Size8,000 SF
Price / SF$112.38
Days on Market60

Property Features for 4702 Eastern Ave

General Information

Standard status Active
Size 8,000 SF
Zoning M1-5

Warehouse & Industrial

Clear Height 16 ft
Office Build-Out 2,350 SF
Drive-In Doors 2
Power 400 amps
Three-Phase Power Yes

Building Details

Year Built 1980
Listing Agency: RE/MAX Elite, REALTORS
Listed By: Genia Birchfield · License #2019014535
Source: Mojokcrealestate
Added: Aug 16 Changed: Oct 5 Last Checked: Oct 7 at 4:17PM

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 RE/MAX Elite, REALTORS

Investment Insights

Based on property information with market context.

This 8,000 SF flex facility combines approximately 2,350 SF of updated office area with heated warehouse and storage space. The office component includes six private offices, a kitchenette with appliances, cabinet storage, a full bathroom with shower, two half bathrooms, a dressing room, sound room, sound wiring, and a water filtration system. Built-in storage extends throughout the warehouse area.

Two oversized overhead doors accommodate equipment and deliveries, including a 12’ x 18’ front-entry door and a 10’ x 12’ rear/side-entry door. Clear height reaches approximately 16 feet at the tallest point. Electrical service includes 200-amp single-phase and 400-amp three-phase capacity. The property also has a radon mitigation system, M1-5 zoning, and a 1980 construction date. Located at 4702 Eastern Ave in Kansas City, Missouri.

Key Highlights

  • 8,000 SF industrial flex facility with approximately 2,350 SF of updated office space
  • Six private offices, including three with natural light
  • Heated warehouse and storage area with extensive built‑in storage

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$64,003
Cap Rate
7.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,280,060 $1.3M
Cap Rate 7%
$914,329 $914.3K
Cap Rate 9%
$711,144 $711.1K
Market Conditions
NOI Build-Up for 8,000 SF
Gross rent
$79.7K $9.96/SF
− Vacancy
−$4.4K −$0.55/SF
EGI
$75.3K $9.41/SF
− OpEx
−$11.3K −$1.41/SF
NOI
$64.0K $8.00/SF
Area
Kansas City, MO
Vacancy
5.50%
Lease Rate
$9.96 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,280,060
Cap Rate 7%
$914,329
Cap Rate 9%
$711,144

Alternative Uses

Best Use
Office B
$1.61M
$1.41M – $1.88M (±1% cap)
NOI $113,026 @ 7.0% cap · market cap 12.57%
Second Best
Warehouse
$914.3K
$800.0K – $1.07M (±1% cap)
NOI $64,003 @ 7.0% cap · market cap 7.12%
Theoretical Best
Office A
$1.91M
$1.67M – $2.22M (±1% cap)
NOI $133,386 @ 7.0% cap · market cap 14.84%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Current Use

Cashmark Media Inc Film Production

Suggested Use

Top Pick Real Estate Agency Building Supply Auto Repair Shop Law Firm Restaurant Auto Parts Store

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

16 ft
Clear height
2
Drive-in doors

Location Intelligence

Trade Area within ½ mile

86
Businesses Nearby
Under-served
Demand for This Use

Demographics for 64129, MO

8,767
Population
4,002
Households
2.2
Avg Household Size
36
Median Age
15%
College-Educated
93%
High-School Grad
10.3 sq mi
ZIP Area
851
Density / Sq Mi
$52,243
Median Household Income
$38,182
Median Earnings
$1,116
Median Rent
$112,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
Rey
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Similar Off Market Nearby

  • Super Stars Treats — 7200 Eastwood Trafficway, Kansas City, MO 64129

Frequently Asked Questions

What type of property is this?
Flex space - M1-5 zoning supports office, warehouse, storage, and industrial functions.
Where is this flex space located?
The property is located at 4702 Eastern Ave Kansas City, MO.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: 8,000 SF industrial flex facility with approximately 2,350 SF of updated office space; Six private offices, including three with natural light; Heated warehouse and storage area with extensive built‑in storage
More about this property
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