Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    8301 Terrace St Kansas City, MO 64153
    Back to Search
    Property profile & analytics

    8301 Terrace St, Kansas City, MO 64153

    View on Map
    • Warehouses
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Design Midwest / Engineer
    • Diamond Transportation Services / Trucking Company
    • Independent Adhesive Systems / Industrial Manufacturer / Production Facility
    • Intuitive Solution Group / (Bike/Boat/Book/etc) Store / Corporate Office
    • The Shower Company / Renovation Specialist / General Contractor

    Property Details for 8301 Terrace St

    Year built
    1984
    Property type
    Warehouses
    Property subtype
    Industrial properties

    Description

    This exceptional Class A industrial property, located at 8301 NW 101st Terrace in Kansas City, Missouri, 64153, offers a rare opportunity for lease. Built in 1984, this single-story building features a total of 9,685 contiguous square feet, with a minimum divisible space of 2,489 square feet, making it suitable for a variety of businesses. The space boasts a 14-foot ceiling height, providing ample vertical clearance. Loading and unloading are efficient with 4 loading docks and 5 dock-high doors. The property's convenient location offers easy access to I-29 Highway and is just minutes from the Kansas City International Airport (KCI). Interior features include 4 private offices, 1 conference room, and 2 private restrooms (one with office access and one with warehouse access). The space is available for occupancy starting January 1, 2025. The lease is a Modified Gross Lease with an estimated rent of $7.15 per square foot plus $2.40 per square foot for common area maintenance (CAM). Tenant is responsible for gas, electric, trash, business insurance, internet, janitorial services, and security. This is a fantastic opportunity to secure high-quality industrial space in a highly desirable location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Kansas City
    County
    Jackson
    State
    Missouri
    Longitude
    -94.6755
    Latitude
    39.2772

    Comparable in this City

    • Value Estimation by Request
      78,797 SF

      8400-8614 107Th Ter

      Distribution properties
      8400-8614 107Th Ter, Kansas City, MO 64153
      View Details
    • Value Estimation by Request
      2,039,479 SF

      10401 Congress Ave

      Distribution properties
      10401 Congress Ave, Kansas City, MO 64153
      View Details
    • Value Estimation by Request
      78,797 SF

      8400-8600 107Th Ter

      Distribution properties
      8400-8600 107Th Ter, Kansas City, MO 64153
      View Details
    • Value Estimation by Request
      198,430 SF

      8400-8614 107Th Ter

      Distribution properties
      8400-8614 107Th Ter, Kansas City, MO 64153
      View Details
    • Value Estimation by Request
      70,000 SF

      1048 Mexico City Ave

      Distribution properties
      1048 Mexico City Ave, Kansas City, MO 64153
      View Details
    • Value Estimation by Request
      200,000 SF

      Airworld Dr

      Distribution properties
      0 Airworld Dr, Kansas City, MO 64153
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      40,212 SF

      Kansas City Industrial Property

      Industrial property available for sale in Kansas City, Missouri.
      10708 N Pomona Ave, Kansas City, MO 64153
      View Details
    • Contact for pricing
      2,039,479 SF

      Prime Development Site Available

      46.82 acre development site ideal for industrial and commercial uses.
      10401 N Congress Ave, Kansas City, MO 64153
      View Details
    • Contact for pricing

      Land For Sale Kansas City

      Land available for sale in Kansas City, Missouri.
      N Ambassador Dr, Kansas City, MO 64153
      View Details
    • Contact for pricing

      Hotel Near Kansas City Airport

      Hotel near the newly renovated Kansas City International Airport.
      11130 N Ambassador Dr, Kansas City, MO 64153
      View Details
    • Contact for pricing
      133,944 SF

      Unique Office Building For Sale

      One-of-a-kind office building with 465 square feet available for purchase.
      11500 NW Ambassador Dr, Kansas City, MO 64153
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      200,000 SF

      Kansas City Warehouse Space Available

      Available warehouse space in Kansas City with multiple docks.
      10707-10715 N Airworld Dr, Kansas City, MO 64153
      View Details
    • Contact for pricing
      9,245 SF

      Office, Flex, Warehouse Space Available

      Two-building complex offering office, flex, and warehouse spaces for lease.
      8600-8614 N Ambassador Dr, Kansas City, MO 64153
      View Details
    • Contact for pricing
      5,000 SF

      Warehouse with Outside Storage

      5,000 SF warehouse with outside storage and dock doors.
      992-1044 Mexico City Ave, Kansas City, MO 64153
      View Details
    • Contact for pricing
      1,545 SF

      Flex, Industrial, Warehouse Space Available

      Two-building complex offering office, flex, and warehouse spaces for rent.
      8400-8412 NW 107Th Ter, Kansas City, MO 64153
      View Details
    • Contact for pricing
      72,820 SF

      Kansas City Warehouse Space Available

      72,450 square foot warehouse space for lease.
      10500 Northwest Transcon Dr, Kansas City, MO 64153
      View Details
    • Contact for pricing
      2,380 SF

      Office Space with Warehouse

      Office space with warehouse, convenient access to I-29.
      8248 NW 101St Ter, Kansas City, MO 64153
      View Details
    Request Owner's contact information
    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.
    8301 Terrace St
    Kansas City, MO 64153
    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
    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

    Thank You for Inquiry
    8301 Terrace St, Kansas City, MO, 64153
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!