Flex Space with Overhead
7407 N Oak Trafficway, Gladstone, MO 64118
For Sale
Contact for pricing
Open-plan space combines customer-facing areas with private offices and a separate entrance.
Property Size5,050 SF
Price / SF$0.00
Days on Market61
Property Features for 7407 N Oak Trafficway
General Information
Standard status
Size
Property subtype
Amenities
open floor plan
private offices
separate entrance
garage/overhead door
Listing Agency:
KW KANSAS CITY METRO
(913) 825-7500
Listed By:
Asiyah Lites-Rasheed
(816) 456-8458
Source:
Legendaryapartmentbrokers
Added: Sep 10
Changed: Nov 9
Last Checked: Nov 8 at 3:30PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 5,050-square-foot flex property has an open layout, private offices, a separate entrance, and a garage/overhead door. The configuration brings together customer-facing space and functional work areas, with on-site parking also available.
Located on N. Oak Trafficway in Gladstone, the property has approximately 140 feet of frontage and exposure to about 16,000 vehicles per day. Its flex-space classification and mix of interior features support a range of commercial configurations.
Located on N. Oak Trafficway in Gladstone, the property has approximately 140 feet of frontage and exposure to about 16,000 vehicles per day. Its flex-space classification and mix of interior features support a range of commercial configurations.
Key Highlights
- 5,050 square feet of flex space
- Approximately 140 feet of frontage on N. Oak Trafficway
- Exposure to approximately 16,000 vehicles per day
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,246
Suggested Prices Based on Cap Rates
Cap Rate 5%
$424,920
$424.9K
Cap Rate 7%
$303,514
$303.5K
Cap Rate 9%
$236,067
$236.1K
Market Conditions
NOI Build-Up for 5,050 SF
Gross rent
$32.1K $6.36/SF
− Vacancy
−$1.8K −$0.35/SF
EGI
$30.4K $6.01/SF
− OpEx
−$9.1K −$1.80/SF
NOI
$21.2K $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%
$424,920
Cap Rate 7%
$303,514
Cap Rate 9%
$236,067
Alternative Uses
Best Use
Retail
$831.7K
$727.8K – $970.4K
NOI $58,221 @ 7.0% cap · market cap 485,175.00%
Second Best
Flex RnD
$740.5K
$648.0K – $864.0K
NOI $51,837 @ 7.0% cap · market cap 431,975.00%
Theoretical Best
Office A
$1.20M
$1.05M – $1.40M
NOI $83,746 @ 7.0% cap · market cap 697,883.33%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
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
Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Flex space - Open-plan space combines customer-facing areas with private offices and a separate entrance.
Where is this flex space located?
The property is located at 7407 N Oak Trafficway Gladstone, MO.
What are key features of this property?
This property features: 5,050 square feet of flex space; Approximately 140 feet of frontage on N. Oak Trafficway; Exposure to approximately 16,000 vehicles per day
