Kansas City Medical Office
For Sale
Contact for pricing
1150 N 75th Pl, Kansas City, KS 66112
12,000 SF medical office building in Kansas City, Kansas.
Property Size12,000 SF
Price / SF$133.33
Days on Market992
Property Features for 1150 N 75th Pl
General Information
Standard status
Active
Size
12,000 SF
Class
B
Property subtype
Office
Zoning
CP-1
Site & Location
Neighborhood
Victory Hills
Building Details
Year Built
2000
Buildings
1
Stories
2
Listing Agency:
The Vaught Group
Listed By:
Jeff Vaught · License #KS 2004022764
(913) 299-4404
Source:
Crexi
Added: Feb 19, 2024
Changed: Oct 26
Last Checked: Nov 4 at 1:25PM
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 The Vaught Group
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Investment Insights
Based on property information with market context.
Located in Kansas City, this 12,000 square foot medical office building, constructed in 2000, offers potential for single or multi-tenant use. The building is conveniently located near major highways, medical centers, and commercial hubs, providing excellent visibility and accessibility. The vacant building provides an opportunity to customize the interior to specific requirements, such as a clinic, surgery center, or administrative offices. The flexible layout includes examination rooms, waiting areas, and administrative offices. A well-maintained parking lot surrounds the building, ensuring convenience for patients, staff, and visitors. The property is located in Kansas City's growing healthcare sector.
Key Highlights
- Prime location in Kansas City with excellent visibility and accessibility.
- 12,000 square feet of ample space suitable for single or multi‑tenant use.
- Vacant and ready for immediate occupancy, allowing for complete customization.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$121,651
Cap Rate
7.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,433,020
$2.4M
Cap Rate 7%
$1,737,871
$1.7M
Cap Rate 9%
$1,351,678
$1.4M
Market Conditions
NOI Build-Up for 12,000 SF
Gross rent
$230.4K $19.20/SF
− Vacancy
−$27.6K −$2.30/SF
EGI
$202.8K $16.90/SF
− OpEx
−$81.1K −$6.76/SF
NOI
$121.7K $10.14/SF
Area
Kansas City, KS
Vacancy
12.00%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,433,020
Cap Rate 7%
$1,737,871
Cap Rate 9%
$1,351,678
Alternative Uses
Best Use
Healthcare Medical
$1.74M
$1.52M – $2.03M
NOI $121,651 @ 7.0% cap · market cap 7.60%
Second Best
Office B
$1.71M
$1.49M – $1.99M
NOI $119,394 @ 7.0% cap · market cap 7.46%
Theoretical Best
Office A
$1.99M
$1.74M – $2.32M
NOI $139,164 @ 7.0% cap · market cap 8.70%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
468
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 66112, KS
12,507
Population
5,512
Households
2.3
Avg Household Size
36
Median Age
29%
College-Educated
88%
High-School Grad
5.5 sq mi
ZIP Area
2,274
Density / Sq Mi
$62,824
Median Household Income
$38,441
Median Earnings
$1,132
Median Rent
$186,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Medical Office Space - 12,000 SF medical office building in Kansas City, Kansas.
Where is this medical office space located?
The property is located at 1150 N 75th Pl Kansas City, KS.
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: Prime location in Kansas City with excellent visibility and accessibility.; 12,000 square feet of ample space suitable for single or multi‑tenant use.; Vacant and ready for immediate occupancy, allowing for complete customization.
