Corner Retail Building with
For Sale
$209,950
960 Pacific Ave, Kansas City, KS 66101
Heated and cooled retail space on a corner lot with fenced parking and a detached two-car garage.
Property Size1,233 SF
Price / SF$170.28
Days on Market99
Property Features for 960 Pacific Ave
General Information
Standard status
Active
Size
1,233 SF
Zoning
CP-1
Site & Location
Neighborhood
Riverview
Fenced Yard
Yes
Building Details
Year Built
1910
Listing Agency:
Lynch Real Estate
Listed By:
Dan Lynch · License #00053988
(913) 481-6847
Source:
Urbancoolkc
Added: Jul 18
Changed: Oct 13
Last Checked: Oct 7 at 3:45PM
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 Lynch Real Estate
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This commercial building offers approximately 1,233 square feet of heated and cooled open retail space, suited for a range of business uses. The property sits on a corner lot and includes a large fenced parking area for customer or employee parking, along with a detached two-car garage.
The building is zoned CP-1 and can support commercial or light industrial uses. The corner location and on-site parking provide straightforward access for day-to-day operations.
The configuration is an open interior space, designed to be adapted to a tenant’s specific layout and workflow.
The building is zoned CP-1 and can support commercial or light industrial uses. The corner location and on-site parking provide straightforward access for day-to-day operations.
The configuration is an open interior space, designed to be adapted to a tenant’s specific layout and workflow.
Key Highlights
- 1,233 SF heated and cooled open retail/commercial space
- Corner lot commercial building with a large fenced parking lot
- Detached 2‑car garage on the property
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,919
Cap Rate
5.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$238,380
$238.4K
Cap Rate 7%
$170,271
$170.3K
Cap Rate 9%
$132,433
$132.4K
Market Conditions
NOI Build-Up for 1,233 SF
Gross rent
$17.8K $14.40/SF
− Vacancy
−$728 −$0.59/SF
EGI
$17.0K $13.81/SF
− OpEx
−$5.1K −$4.14/SF
NOI
$11.9K $9.67/SF
Area
Kansas City, KS
Vacancy
4.10%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$238,380
Cap Rate 7%
$170,271
Cap Rate 9%
$132,433
Alternative Uses
Best Use
Retail
$170.3K
$149.0K – $198.7K
NOI $11,919 @ 7.0% cap · market cap 5.68%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$204.3K
$178.7K – $238.3K
NOI $14,299 @ 7.0% cap · market cap 6.81%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
505
Businesses Nearby
24k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 85%
Dining 15%
Phillips 66
Shops & Services
12,386 visits/mo
0.4 miles
U.S. Bank
Shops & Services
8,149 visits/mo
0.4 miles
Church's Chicken
Dining
3,632 visits/mo
0.5 miles
Demographics for 66101, KS
13,785
Population
5,995
Households
2.3
Avg Household Size
33
Median Age
15%
College-Educated
68%
High-School Grad
3.2 sq mi
ZIP Area
4,308
Density / Sq Mi
$38,819
Median Household Income
$31,654
Median Earnings
$789
Median Rent
$77,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Storefront property - Heated and cooled retail space on a corner lot with fenced parking and a detached two-car garage.
Where is this storefront property located?
The property is located at 960 Pacific Ave Kansas City, KS.
What is the asking price?
The asking price for this property is $209,950.
What are key features of this property?
This property features: 1,233 SF heated and cooled open retail/commercial space; Corner lot commercial building with a large fenced parking lot; Detached 2‑car garage on the property
