Flex Space with Overhead
7403 N Oak Trafficway, Gladstone, MO 64118
For Sale
Contact for pricing
An adaptable interior combines an open work area with two private offices and a separate entrance.
Property Size1,400 SF
Price / SF$0.01
Days on Market61
Property Features for 7403 N Oak Trafficway
General Information
Standard status
Size
Property subtype
Additional Details
Road Access
Amenities
private offices
separate entrance
garage/overhead door
open floor plan
Listing Agency:
KW KANSAS CITY METRO
(913) 825-7500
Listed By:
Asiyah Lites-Rasheed
(816) 456-8458
Source:
Legendaryapartmentbrokers
Added: Sep 10
Changed: Nov 8
Last Checked: Nov 8 at 1:30PM
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 KW KANSAS CITY METRO
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Investment Insights
Based on property information with market context.
This approximately 1,400-square-foot flex property has an open layout, two private offices, a dedicated entrance, and a garage-style overhead door. On-site parking is also available.
The property fronts N. Oak Trafficway in Gladstone, Missouri, with approximately 140 feet along the street and reported daily traffic of about 16,000 vehicles.
The property fronts N. Oak Trafficway in Gladstone, Missouri, with approximately 140 feet along the street and reported daily traffic of about 16,000 vehicles.
Key Highlights
- Approximately 1,400 square feet of flex space
- Open plan with two private offices and a separate entrance
- Garage‑style overhead door
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$5,890
Suggested Prices Based on Cap Rates
Cap Rate 5%
$117,800
$117.8K
Cap Rate 7%
$84,143
$84.1K
Cap Rate 9%
$65,444
$65.4K
Market Conditions
NOI Build-Up for 1,400 SF
Gross rent
$8.9K $6.36/SF
− Vacancy
−$490 −$0.35/SF
EGI
$8.4K $6.01/SF
− OpEx
−$2.5K −$1.80/SF
NOI
$5.9K $4.21/SF
Area
ZIP 64118
Vacancy
5.50%
Lease Rate
$6.36 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$117,800
Cap Rate 7%
$84,143
Cap Rate 9%
$65,444
Alternative Uses
Best Use
Retail
$230.6K
$201.8K – $269.0K
NOI $16,141 @ 7.0% cap · market cap 115,292.86%
Second Best
Flex RnD
$205.3K
$179.6K – $239.5K
NOI $14,371 @ 7.0% cap · market cap 102,650.00%
Theoretical Best
Office A
$331.7K
$290.2K – $387.0K
NOI $23,217 @ 7.0% cap · market cap 165,835.71%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
561
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 64118, MO
42,897
Population
19,374
Households
2.2
Avg Household Size
36
Median Age
30%
College-Educated
92%
High-School Grad
12.8 sq mi
ZIP Area
3,351
Density / Sq Mi
$70,290
Median Household Income
$41,852
Median Earnings
$1,122
Median Rent
$206,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Flex space - An adaptable interior combines an open work area with two private offices and a separate entrance.
Where is this flex space located?
The property is located at 7403 N Oak Trafficway Gladstone, MO.
What are key features of this property?
This property features: Approximately 1,400 square feet of flex space; Open plan with two private offices and a separate entrance; Garage‑style overhead door
