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    30 Pershing Rd Kansas City, MO 64108

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    For Lease
    Contact for pricing

    Historic Office Space, Multiple Suites Available

    Lot size:
    750,000 SF

    Property Features for 30 Pershing Rd

    General Information

    Property type
    Office Units
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    750,000 SF
    Class
    B
    Total Rate
    1062500

    Building Details

    Year Built/Renovated
    1914/1999
    Stories
    10

    Spaces For Lease

    at 30 Pershing Rd, Kansas City, MO 64108 Contact us
    Unit 2nd Floor West

    $21 /Mo

    Size
    5,617 SF
    Contact us
    Unit 3rd Floor West

    $21 /Mo

    Size
    13,147 SF
    Contact us
    Unit 4th Floor East

    $17 /Mo

    Size
    1,674 SF
    Contact us
    Unit 3rd Floor East - Suite 350

    $22 /Mo

    Size
    12,875 SF
    Contact us
    Unit Ground Level East

    $21 /Mo

    Size
    1,500 SF
    Contact us
    Unit Ground Level West

    $21 /Mo

    Size
    2,432 SF
    Contact us
    Show more

    We can help!

    Listing Contact
    Debora H Field

    Listing Agency: Newmark Zimmer Kansas City Listing Agent: Debora H Field

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

    Learn more

    Property Insight Report

    Overview

    This exceptional 10-story Class B office building, located at 30 W Pershing Rd in Kansas City, MO, offers a unique blend of historic charm and modern functionality. Built in 1914 and extensively renovated in 1999, the property boasts 750,000 square feet of total space, currently featuring 24,046 square feet of available office space. Multiple suites are available, ranging in size from 1,500 to 13,147 square feet, providing flexibility for various business needs. The building features impressive 12-foot ceilings, creating a spacious and airy atmosphere. With ample parking for 600 vehicles, tenant and client convenience is ensured. The property's prime location in the 64108 zip code offers excellent accessibility and visibility. The building's APN is 29-530-26-01-01-2-00-000. This is an outstanding opportunity to secure office space in a landmark Kansas City building with a rich history and modern amenities. The property is classified as both Professional and Retail, offering diverse tenancy options. This is a multi-tenant building with significant potential for growth and investment. The building's substantial size and prime location make it an ideal choice for businesses seeking a prestigious and functional office space in the heart of Kansas City.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Rocky Mountain Chocolate ... Cafe & Coffee Shop Conductor club Bar & Pub Kansas City Station Train Station The Arvin Gottlieb Planetarium Planetarium Haverty Family Yards Hotel & Motel

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Kansas City
    County
    Platte
    State
    Missouri
    Longitude
    -94.585122595971
    Latitude
    39.084314891741

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    FAQs

    What type of property is this?
    Office units - Historic Office Space, Multiple Suites Available
    Where is this office units located?
    The property is located at 30 Pershing Rd Kansas City, MO.
    What is the lease rate?
    The lease rate is $0.00-$22 SF/Yr.
    What are key features of this property?
    This property features: Historic Kansas City landmark with beautifully restored details and grand hall.; Prominent OK Street location.; Prestigious tenancy in an iconic Kansas City building.
    (816) 221-2200 Call to check price and availability
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    30 Pershing Rd Kansas City, MO 64108
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    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
    30 Pershing Rd Kansas City, MO 64108
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    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Debora H Field
    (816) 221-2200
    Learn more
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