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Updated Flex Space Building
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5629 Raytown Road, Raytown, MO 64133

Open commercial layout with loading access, 3-phase power, and surface parking supports varied business operations.

Property Size4,950 SF
Lot Size0.24 Acres
Price / SF$73.74
Days on Market116

Property Features for 5629 Raytown Road

General Information

Standard status Active
Size 4,950 SF
Total Parking Spaces 8
Lot size 0.24 Acres
Property subtype Industrial
Zoning Neighborhood Commercial Zoning
Investment Type Owner/User

Warehouse & Industrial

Clear Height 12 ft
Dock-High Doors 1
Drive-In Doors 1
Power 400 amps
Three-Phase Power Yes

Additional Details

Road Access Yes

Building Details

Year Built 1970
Year Renovated 2025
Buildings 1
Building Size 4,950 SF
Construction cinderblock and brick
Listing Agency: Cates Auction & Realty Co Inc
Listed By: Alex Forster · License #CA 02046445
Source: Crexi
Added: Jun 22 Changed: Oct 3 Last Checked: Oct 14 at 9:28PM

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 Cates Auction & Realty Co Inc

Investment Insights

Based on property information with market context.

This flex space property provides 4,950 square feet within a 10,603-square-foot site at 5629 Raytown Road in Raytown, Missouri. Originally constructed in 1970 and renovated during 2025/2026, the building combines an open interior arrangement with 12-foot clear heights, polished concrete flooring, and cinderblock and brick construction. Improvements include a new roof, two rooftop cooling units, a 400-amp electrical panel, 3-phase power, LED lighting, security lighting, and larger windows.

Operational features include a 12-foot-wide by 9-foot-high drive-in roll-up door, an 8-foot-wide by 9-foot-high dock-high door, and a built-in gantry crane. The site provides eight surface parking spaces and Neighborhood Commercial zoning. Raytown Road exposure carries traffic counts of 2,500+ vehicles per day, while the property is near I-70, I-435, Highway 350, and the Truman Sports Complex.

Key Highlights

  • 4,950± SF building on a 10,603± SF lot
  • 12' clear height with polished concrete floors
  • New 12'W x 9'H drive‑in roll‑up door

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$28,726
Cap Rate
7.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$574,520 $574.5K
Cap Rate 7%
$410,371 $410.4K
Cap Rate 9%
$319,178 $319.2K
Market Conditions
NOI Build-Up for 4,950 SF
Gross rent
$47.5K $9.60/SF
− Vacancy
−$3.3K −$0.67/SF
EGI
$44.2K $8.93/SF
− OpEx
−$15.5K −$3.12/SF
NOI
$28.7K $5.80/SF
Area
ZIP 64133
Vacancy
7.00%
Lease Rate
$9.60 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$574,520
Cap Rate 7%
$410,371
Cap Rate 9%
$319,178

Alternative Uses

Best Use
Flex RnD
$410.4K
$359.1K – $478.8K (±1% cap)
NOI $28,726 @ 7.0% cap · market cap 7.87%
Second Best
Warehouse
$354.4K
$310.1K – $413.5K (±1% cap)
NOI $24,811 @ 7.0% cap · market cap 6.80%
Theoretical Best
Office A
$1.17M
$1.03M – $1.37M (±1% cap)
NOI $82,087 @ 7.0% cap · market cap 22.49%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Pharmacy Auto Parts Store Dental Office Big Box & Wholesale Store Restaurant

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

12 ft
Clear height
1
Dock-high doors
1
Drive-in doors
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

257
Businesses Nearby
Under-served
Demand for This Use

Demographics for 64133, MO

35,259
Population
16,435
Households
2.1
Avg Household Size
41
Median Age
23%
College-Educated
93%
High-School Grad
17.0 sq mi
ZIP Area
2,074
Density / Sq Mi
$66,816
Median Household Income
$40,874
Median Earnings
$1,185
Median Rent
$165,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Open commercial layout with loading access, 3-phase power, and surface parking supports varied business operations.
Where is this flex space located?
The property is located at 5629 Raytown Road Raytown, MO.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: 4,950± SF building on a 10,603± SF lot; 12' clear height with polished concrete floors; New 12'W x 9'H drive‑in roll‑up door
(816) 781-1134 Call to check price and availability
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