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    10502 NW Ambassador Dr Kansas City, MO 64153
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    Property profile & analytics

    10502 NW Ambassador Dr Kansas City, MO 64153

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    • Office buildings
    • 24,947 SF
    • 2.13 lot acres
    For Lease
    $15 SF/Yr
    View Listing →
    Office Space for Rent For Lease
    $15 SF/Yr
    1,000 SF

    Office Space for Rent

    Office space available for lease in Kansas City, MO.

    10502 NW Ambassador Dr, Kansas City, MO
    View Listing
    Property ID
    US48-0560466
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $1,395,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • REPROJX / Property Management Company
    • IAAP Leadership Academy / Consultant
    • russelltechbrokers / Consultant
    • Tandem Counseling LLC / Counselor

    Property Details for 10502 NW Ambassador Dr

    Year built
    1989
    Lot size
    2.13 lot acres
    Property size
    24,947 SF
    Property type
    Office buildings
    APN
    17-7.0-25-000-000-059-000
    APU
    177025000000059000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $1,465,000
      ML approach
      $1,525,000

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $2,090,000
      MEDICAL BUILDING
      $1,190,000

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Kansas City
    County
    Platte
    State
    Missouri
    Longitude
    -94.6723
    Latitude
    39.2825
    CBSA code
    28140
    CBSA name
    KANSAS CITY, MO-KS METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $34,969
    $133,607
    $282,393
    $416,000
    -
    $417,523
    $882,477
    $1,300,000

    Comparable in this City

    • Value Estimation
      $1,205,000
      40,656 SF

      10385 Ambassador Dr

      OFFICE BUILDING • 40,656 SF
      10385 Ambassador Dr, Kansas City, MO 64153
      View Details
    • Value Estimation by Request
      18,075 SF

      10560 Ambassador Dr

      OFFICE BUILDING • 18,075 SF
      10560 Ambassador Dr, Kansas City, MO 64153-1278
      View Details
    • Value Estimation
      $680,000
      39,937 SF

      10015 Ambassador Dr

      OFFICE BUILDING • 39,937 SF
      10015 Ambassador Dr, Kansas City, MO 64153-1364
      View Details
    • Value Estimation
      $1,465,000
      96,648 SF

      10100 Ambassador Dr

      OFFICE BUILDING • 96,648 SF
      10100 Ambassador Dr, Kansas City, MO 64153-1310
      View Details
    • Value Estimation
      $740,000
      31,203 SF

      10380 Ambassador Dr

      OFFICE BUILDING • 31,203 SF
      10380 Ambassador Dr, Kansas City, MO 64153-1378
      View Details
    • Value Estimation by Request
      6,068 SF

      10101 Ambassador Dr

      OFFICE BUILDING • 6,068 SF
      10101 Ambassador Dr, Kansas City, MO 64153-1366
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Unique Office Building For Sale

      One-of-a-kind office building with 465 square feet available for purchase.
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      View Details
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      Prime Development Land For Sale

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      Kansas City Duplex Opportunity

      Duplex in Kansas City near businesses and highways.
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    Similar Nearby for Lease

    • $15 SF/Yr
      3,380 SF

      Class A Office Space Available

      Six and four-story Class A office building complex for lease.
      10150 N Ambassador Dr, Kansas City, MO 64153
      View Details
    • Contact for pricing

      Office Building Near KCI Airport

      Well-maintained office building minutes from KCI airport, 70% occupied.
      10525 NW Ambassador Dr, Kansas City, MO 64153
      View Details
    • Contact for pricing
      18,675 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
      14,725 SF

      Kansas City Office Space Available

      Office space available for lease in Kansas City, MO.
      11125 N Ambassador Dr, Kansas City, MO 64153
      View Details
    • Contact for pricing
      16,689 SF

      Move-in Ready Furnished Office Space

      Furnished office space available for sublease near KCI Airport.
      10828 NW Airworld Dr, Kansas City, MO 64153
      View Details
    • Contact for pricing

      Prime Retail/Office Space Available

      Premier location near I-29 and KCI Airport.
      10004-10020 NW Ambassador Dr, Kansas City, MO 64153
      View Details
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    Kansas City, MO 64153
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    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
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