Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    8628 Boardwalk Ave Kansas City, MO 64154
    Back to Search
    Property profile & analytics

    8628 Boardwalk Ave Kansas City, MO 64154

    View on Map
    • Retail properties & Spaces
    • 122,397 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Premier Laser Spa / Medical Clinic
    • Shops At Boardwalk / Shopping Center & Mall
    • Genesis Health Clubs - Boardwalk / Gym & Fitness Center

    Property Details for 8628 Boardwalk Ave

    Year built
    2003
    Property size
    122,397 SF
    Property type
    Retail properties & Spaces

    Description

    The Shops at Boardwalk, a single-story retail center built in 2003, offers exceptional opportunities in Kansas City, Missouri. Located at 8628 N Boardwalk Ave, 64154, in Platte County, this property boasts a total of 122,397 square feet. Three spaces are currently available, ranging from a minimum of 2,360 square feet to a maximum contiguous space of 12,123 square feet. This vibrant center enjoys a highly desirable location, shadow-anchored by Walmart and Lowe's, and surrounded by a multitude of national retailers including Target, Home Depot, Aldi, AMC Theatres, Chick-fil-A, Starbucks, Hobby Lobby, Boot Barn, and Five Below. The property also benefits from proximity to St. Luke's North Hospital and convenient bus access. The existing tenant mix includes a strong roster of national and local businesses such as Chipotle, Genesis Health Club, Maurices, Hallmark, Twin Peaks, GameStop, PT Solutions, KC Deck Supply, Mass Beverage, and Proud Souls BBQ. The center features ample parking and excellent visibility from Highway 152. This is an exceptional opportunity to secure retail space in a thriving, high-traffic 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
    Platte
    State
    Missouri
    Longitude
    -94.6521
    Latitude
    39.2532

    Comparable in this City

    • Value Estimation by Request
      1.60 Acres

      90Th St

      Land • 69,697 SF
      0 90Th St, Kansas City, MO 64154
      View Details
    • Value Estimation by Request
      20,944 SF

      8560 Green Hills Rd

      Neighborhood centers • 20,944 SF
      8560 Green Hills Rd, Kansas City, MO 64154
      View Details
    • Value Estimation by Request
      5,000 SF

      Kansas City, MO 64154

      Office properties & Spaces • 5,000 SF
      Kansas City, MO 64154
      View Details
    • Value Estimation
      $8,740,000
      80,426 SF

      8970 Skyview Ave, Unit 8980

      RETAIL STORES (PERSONAL SERVICES) • 80,426 SF
      8970 Skyview Ave, Kansas City, MO 64154-8502
      View Details
    • Value Estimation
      $725,000
      4,975 SF

      6501 Barry Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,975 SF
      6501 Barry Rd, Kansas City, MO 64154-2575
      View Details
    • Value Estimation by Request
      7,662 SF

      5901 Barry Rd

      SHOPPING CENTER, STRIP CENTER • 7,662 SF
      5901 Barry Rd, Kansas City, MO 64154-2526
      View Details

    Similar Nearby for Sale

    • $5,922,000
      11,950 SF

      Spira Care Medical Office Property

      Single-tenant medical office in high-traffic retail corridor.
      8765 N Ambassador Dr, Kansas City, MO 64154
      View Details
    • Contact for pricing

      8601 N Boardwalk Ave, Kansas City, MO 64154

      Retail properties & Spaces
      8601 N Boardwalk Ave, Kansas City, MO 64154
      View Details
    • Contact for pricing

      Retail Spaces in Kansas City

      Three retail spaces available in a high-traffic Kansas City location.
      8560 N Green Hills Rd, Kansas City, MO 64154
      View Details
    • Contact for pricing

      N Line Crk Pkwy, KCMO, MO 64154

      Commercial land
      N Line Creek Pkwy, Kansas City, MO 64154
      View Details
    • Contact for pricing

      Land For Sale

      Land available for sale.
      90Th St, Kansas City, MO 64154
      View Details
    • Contact for pricing

      Green Hills Road Land Parcels

      Two commercial land parcels with high visibility and flexible use.
      8570 North Green Hills Rd, Kansas City, MO 64154
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Office/Medical Building in Executive Hills

      Office/medical building with abundant natural light and convenient access.
      10015 N Ambassador Dr, Kansas City, MO 64154
      View Details
    • Contact for pricing
      5,500 SF

      Restaurant Space in Barry Road

      Former restaurant space with infrastructure in place and high visibility.
      6141-6151 NW Barry Rd, Kansas City, MO 64154
      View Details
    • Contact for pricing

      Prime Retail Land Available

      1.03 acre commercial land in high-traffic area for lease.
      4201 NW Barry Rd, Kansas City, MO 64154
      View Details
    • Contact for pricing

      Retail Spaces in Barry Plaza

      Retail and office spaces available in thriving Kansas City North.
      8560 N Green Hills Rd, Kansas City, MO 64154
      View Details
    • Contact for pricing
      4,096 SF

      Retail Space on NW Barry

      4,096 SF in-line retail space for lease.
      6001-6005 NW Barry Rd, Kansas City, MO 64154
      View Details
    • Contact for pricing
      3,450 SF

      Retail Space on NW Barry

      Retail space available for lease on NW Barry Road.
      6301-6303 NW Barry Rd, Kansas City, MO 64154
      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.
    8628 Boardwalk Ave
    Kansas City, MO 64154
    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
    8628 Boardwalk Ave, Kansas City, MO, 64154
    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!