Highway Business District
For Sale
Contact for pricing
702 E 1st St, Concordia, MO
16,151 SF warehouse on 4.03 AC for sale.
Property Size16,151 SF
Lot Size4.03 Acres
Price / SF$99.07
Days on Market351
Property Features for 702 E 1st St
General Information
Standard status
Active
Size
16,151 SF
Lot size
4.03 Acres
Property subtype
INDUSTRIAL
Listing Agency:
Colliers | Kansas City
(816) 556-1170
Listed By:
Jack Higgins · License #00241790
Source:
Moodyscre
Added: Aug 14, 2025
Changed: Jul 6
Last Checked: Jul 21 at 5:38AM
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 Colliers | Kansas City
Investment Insights
Based on property information with market context.
This 16,151 square foot building includes 4,500 square feet of office space and is situated on a 4.03-acre lot. Constructed in 1978 and renovated in 2011, the property is zoned B-2: Highway Business District. It features clear heights ranging from 14 to 30 feet and is equipped with 7 drive-in doors. Additionally, there are two outbuildings on the property, totaling 2,500 square feet, each with drive-in doors. The location benefits from high traffic volume, with approximately 56,000 vehicles passing by daily along I-70.
Key Highlights
- High traffic location: Approximately 56,000 vehicles per day.
- Significant building size: 16,151± SF building with 4,500± SF of office space.
- Large land area: 4.03 AC property.
Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $95.0k | $5.88 |
| − Vacancy | −$5.2k | −$0.32 |
| EGI | $89.7k | $5.56 |
| − OpEx | −$13.5k | −$0.83 |
| NOI | $76.3k | $4.72 |
16,151 SF · lease $5.88/SF/yr · vacancy 5.50% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.09M
$953.5K – $1.27M
NOI $76,283 @ 7.0% cap · market cap 4.77%
Second Best
Industrial
$897.4K
$785.3K – $1.05M
NOI $62,821 @ 7.0% cap · market cap 3.93%
Theoretical Best
Retail
$3.57M
$3.12M – $4.16M
NOI $249,804 @ 7.0% cap · market cap 15.61%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
186
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Mid Missouri Agri Services — Central Park, 618 S Gordon St, Concordia, MO 64020
Frequently Asked Questions
What type of property is this?
Warehouse - 16,151 SF warehouse on 4.03 AC for sale.
Where is this warehouse located?
The property is located at 702 E 1st St Concordia, MO.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: High traffic location: Approximately 56,000 vehicles per day.; Significant building size: **16,151± SF building** with 4,500± SF of office space.; Large land area: 4.03 AC property.
