Listing Agency: Parkway Real Estate Commercial Real Estate Services

Listed By: Todd Weltmer · License #KS BR00228023

Source: Crexi

Added: Jul 21 Changed: Aug 30 Last Checked: Aug 30 at 5:07PM

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Investment Insights

Based on property information with market context.

This freestanding office building is located at 4823 NW Gateway Ave in Riverside, Missouri. The property offers access to I-635 and was identified for sale with the existing tenant scheduled to vacate during the second quarter of 2018.

Key Highlights

• Freestanding office building at 4823 NW Gateway Ave
• Access to I‑635
• Existing tenant scheduled to vacate in the second quarter of 2018

Property Analytics

Property Profile

Current Use

Office buildings

Suggested Use

Top Pick Grocery & Convenience Store Law Firm Dental Office Furniture & Home Goods Skin Care Clinic Catering Service

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

Location Intelligence

Trade Area within ½ mile

363

Businesses Nearby

Explore this area Business Placement

Demographics for 64150, MO

4,215

Population

1,760

Households

2.4

Avg Household Size

35

Median Age

38%

College-Educated

96%

High-School Grad

5.6 sq mi

ZIP Area

753

Density / Sq Mi

$51,500

Median Household Income

$40,559

Median Earnings

$916

Median Rent

$323,300

Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019

15.6% 2020

17.1% 2021

18.9% 2022

21% 2023

22% 2024

21.3% 2025

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Land Parcel for Development

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12.34 Acres

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Frequently Asked Questions

What type of property is this?

Office building - Office property with convenient access to I-635 and planned tenant vacancy.

Where is this office building located?

The property is located at 4823 NW Gateway Ave Riverside, MO.

What are key features of this property?

This property features: Freestanding office building at 4823 NW Gateway Ave; Access to I‑635; Existing tenant scheduled to vacate in the second quarter of 2018