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Property profile & analytics
OFF-MARKET Estimated value $525,000
Auto shops

104 39th St Kansas City, MO 64111

3,380 SF 0.58 ac lot Built 1931
Entity Owned Absentee Owner Free & Clear
Property ID
US48-0596602
Property summary
AI-generated overview

This exceptional 9,753-square-foot retail property, located at 104 East 39th Street in Kansas City, Jackson County, Missouri, presents a unique redevelopment or creative reuse opportunity. Built in 1950 and extensively remodeled in 2004, the building boasts charming character with exposed brick walls and a courtyard, complemented by modern updates. The HVAC system was replaced in 2015, ensuring efficient climate control. The property also features two overhead heaters in the service area, also replaced in 2015. The entire 9,753 square feet is currently vacant, offering significant flexibility for a single tenant. The building sits on a 0.578-acre lot and includes four convenient drive-in doors and a fenced outdoor area. Its B3-2 zoning allows for a variety of commercial uses. The location is highly advantageous, with approximately 11,600 cars passing daily on 39th Street, and just one block east of Main Street. The surrounding area has experienced significant recent investment, with over $228 million in redevelopment within a one-mile radius over the past two years. This presents a compelling opportunity for a business seeking a high-visibility location with substantial potential for growth and return. The property's unique features and prime location make it an exceptional investment.

Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1931
Construction WOOD
Total area 3,380 SF
Lot 0.58 ac (25,265 SF)
APN 30-220-28-21
UPID US48-0596602
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • BLK + BRWN. (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$525k
Owner & transaction history
V16 REALTY LLC
V16 REALTY LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building $600,000 +30.6%
Retail stores $530,000 +15.3%
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