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    1032 Pennsylvania Ave Kansas City, MO 64105

    Sponsored
    For Sale
    Contact for pricing

    Historic KC office complex, redevelopment potential.

    Property size:
    26,687 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity presents the Blossom Campus, a four-building office portfolio situated at 1032 Pennsylvania Ave, Kansas City, MO 64105. The property encompasses approximately 26,687 square feet of space, with 21,347 square feet net rentable. Currently housing three tenants, the occupancy rate stands at 17%. Built in 1874 and renovated in 2007, the buildings boast a blend of historic charm and modern updates. The property includes 52 surface parking spaces and a 0.17-acre vacant lot, ripe for development. Located in the desirable Quality Hill neighborhood, the Blossom Campus benefits from its proximity to the Kansas City Streetcar, Consentino's Grocery, the Kansas City Convention Center, T-Mobile Center, and the Power & Light District. The UR zoning permits a variety of uses, including office, retail, residential, hospitality, and mixed-use projects, making this a unique opportunity for owner-users or developers seeking a prime location with significant upside potential in leasing and redevelopment. The central location offers excellent interstate access.

    Property Features for 1032 Pennsylvania Ave

    General Information

    Property type
    Office space
    Square Feet
    26,687 SF

    Building Details

    Year Built/Renovated
    1874/2007
    Buildings
    4

    HighLights

    • Excellent owner‑user or redevelopment opportunity.
    • 0.17‑acre lot ideal for development.
    • Centrally located.
    • Excellent interstate access.
    • Significant upside leasing potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Marentes v. Impac ... Holding Company

    Suggested Use

    Realty agency Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Food Market Clothing Store Daycare Center Grocery 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
    -94.591142941918
    Latitude
    39.101152809686

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    FAQs

    What type of property is this?
    Office space - Historic KC office complex, redevelopment potential.
    Where is this office space located?
    The property is located at 1032 Pennsylvania Ave Kansas City, MO.
    What are key features of this property?
    This property features: Excellent owner-user or redevelopment opportunity.; 0.17-acre lot ideal for development.; Centrally located.
    Request Owner's contact information
    1032 Pennsylvania Ave Kansas City, MO 64105
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    Realmo Value Estimation

    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.

    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.

    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
    1032 Pennsylvania Ave Kansas City, MO 64105
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