Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1604-1608 Locust St Kansas City, MO 64108

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Historic Loft Office, 11,573 SF Available

    Lot size:
    23,464 SF

    Property Features for 1604-1608 Locust St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    23,464 SF
    Class
    A
    Total Rate
    35098.23

    Building Details

    Year Built
    1908

    Spaces For Lease

    at 1604-1608 Locust St, Kansas City, MO 64108 Contact us
    Unit 1604

    $17 /Mo

    Size
    11,573 SF
    Contact us

    We can help!

    Listing Contact
    Brian Votava

    Listing Agency: Beyond Brokerage Listing Agent: Brian Votava

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional Class A commercial property, located at 1604-1608 Locust St in Kansas City, Missouri, presents a unique opportunity. The 23,464 square foot building, constructed in 1908, boasts a blend of historic charm and modern functionality. Currently, 11,573 square feet of space is available for lease, ideal for an executive office or retail tenant seeking a unique and stylish environment. The building features a mix of ground floor and second-floor loft-style space. The second floor offers a fully equipped kitchenette, private corner offices, a bright and spacious conference room, and high-end finishes. Architectural details include exposed wood ceilings, attractive brick accents, polished concrete floors, and abundant natural light from large windows. The first floor is currently configured as a warehouse/receiving area at the rear, complete with a drive-in loading bay, and showroom-style space at the front. This versatile layout provides flexibility for a variety of business needs. The building is situated in Jackson County, zip code 64108, and includes 64 parking spaces for tenant and visitor convenience. This is a rare opportunity to lease a truly distinctive space in a highly desirable Kansas City location.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Hair Salon Dental Office Nail Salon Building Supply Auto Repair Shop Pharmacy Big Box & Wholesale Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Kansas City
    County
    Jackson
    State
    Missouri
    Longitude
    -94.5777928
    Latitude
    39.0940111

    Nearby Similar for Lease

    • $20 SF/Yr
      130,680 SF

      Retail Space in Kansas City

      Move-in ready retail space available for lease.
      13606 Washington St, Kansas City, MO 64145
      View Details
    • $2,000 /Mo
      60,548 SF

      Retail Space in Thriving Center

      Retail space suitable for coffee shop or limited food service.
      4112 NE Vivion Rd, Kansas City, MO 64119
      View Details
    • $16 SF/Yr
      129,809 SF

      Gladstone Office Space For Rent

      Move-in ready office suites in high-traffic Gladstone location.
      5601 NE Antioch Rd, Kansas City, MO 64119
      View Details
    • Contact for pricing

      Crown Center

      All-inclusive access to workspace, virtual office and meeting rooms in Crown Center
      2300 Main St, Kansas City, MO 64108
      View Details
    • Sponsored
      Contact for pricing

      Zona Rosa

      Flexible workspace in San Jose Airport
      7280 87Th Ter, Kansas City, MO 64153
      View Details
    • Contact for pricing

      Country Club Plaza

      Flexible workspace in San Jose Airport
      435 Nichols Rd, Kansas City, MO 64112
      View Details
    • Contact for pricing

      Briarcliff

      All-inclusive access to workspace, virtual office and meeting rooms in O'Hare Airport
      1201 Briarcliff Pkwy, Kansas City, MO 64116
      View Details
    • Contact for pricing

      The Cosby Building

      Workspaces, services and support to help you work better in North MoPac
      107 9Th St, Kansas City, MO 64105
      View Details
    • Contact for pricing

      South Kansas City

      Meet, work or collaborate in our professional Columbia Center business center
      800 101St Ter, Kansas City, MO 64131
      View Details
    • Contact for pricing

      MO, Kansas City - Walnut Street

      Workspaces, services and support to help you grow your business in DC, Washington - 609 H Street
      1828 Walnut St, Kansas City, MO 64108
      View Details
    • $20 SF/Yr
      130,680 SF

      Kansas City Commercial Space Available

      Office and retail space available for lease in Kansas City.
      13610 Washington St, Kansas City, MO 64145
      View Details
    • $28 SF/Yr
      1,250 SF

      Retail Space Ideal for Fitness

      Retail space with existing fitness build-out available for rent.
      8252 N Oxford St, Kansas City, MO 64158
      View Details

    FAQs

    What type of property is this?
    Office Property / Space - Historic Loft Office, 11,573 SF Available
    Where is this office property / space located?
    The property is located at 1604-1608 Locust St Kansas City, MO.
    What is the lease rate?
    The lease rate is $17 SF/Yr.
    What are key features of this property?
    This property features: 23,464 SF Class A commercial building in Kansas City, MO, at 1604-1608 Locust St.; 11,573 SF available for lease, ideal for executive office or retail use.; Ground floor warehouse/receiving area with drive-in loading bay and showroom space; second floor loft-style space with kitchenette, private offices, and conference room.
    (816) 888-7380 Call to check price and availability
    Request Owner's contact information
    1604-1608 Locust St Kansas City, MO 64108
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1604-1608 Locust St
    Kansas City, MO 64108
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1604-1608 Locust St Kansas City, MO 64108
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Brian Votava
    (816) 888-7380 (816) 830-4476
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!