7523 State Ave Kansas City, KS 66112
- Strip malls
- 93,725 SF
- 9.31 lot acres
Current Use by Public Records
- KeyExpress Locksmiths / Locksmith / Key Duplication Service
- Westlake Ace Hardware / Hardware Store / Paint Store
Property Details for 7523 State Ave
- Year built
- 1985
- Construction
- BRICK
- Lot size
- 9.31 lot acres
- Property size
- 93,725 SF
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 224303
- APU
- 224303
Description
West State Plaza offers exceptional retail opportunities in a thriving Kansas City, Kansas location. This multi-tenant retail center boasts a strong tenant mix, including established businesses like Westlake Ace Hardware and Big Lots, ensuring high visibility and foot traffic. The property features readily available spaces ranging from 880 to 5,060 square feet, catering to a variety of business needs. Specifically, there are five inline spaces currently available, ranging from 880 to 2,200 square feet, along with a significant 33,091 square foot big box space and a second-generation restaurant space. The center enjoys an advantageous position along a major retail and entertainment corridor in Kansas City, Kansas, experiencing over 16,500 cars per day on State Avenue, guaranteeing substantial exposure to potential customers. Its convenient access to Interstates 70 and 435 provides unparalleled accessibility for both employees and customers. This prime location, combined with the existing strong tenant base and diverse space options, presents a compelling investment opportunity for businesses seeking high-traffic exposure and a strategic presence in a bustling commercial area. The property is a multi-tenant retail center, offering a collaborative and vibrant business environment. Don't miss this chance to establish your business in a well-established and highly visible location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,200,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,410,000
- 6.5%
- $1,530,000
- 7%
- $1,545,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,395,000
- Geo Method
- $1,245,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,405,000
- Retail
- $1,490,000
- Mixed-Use
- $1,475,000
- Hospitality
- $1,670,000
- Educational
- $1,530,000
- Residential Income
- $1,425,000
- Energy
- $1,580,000
- Income-Based Land
- $1,400,000
- Food Service
- $1,345,000
Location Insight
- Map
- Local Demand
- City
- Kansas City
- County
- Wyandotte
- State
- Kansas
- Longitude
- -94.7549
- Latitude
- 39.1152
- CBSA code
- 28140
- CBSA name
- KANSAS CITY, MO-KS METROPOLITAN STATISTICAL AREA
