Property profile

1306 39th St Kansas City, MO 64111

OFF-MARKET
Retail space
Property ID
US48-0993122
6,250 SF 0.26 ac lot Built 1941
Trust Owned 8-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This stunning 7,925 sq ft storefront at 1306 W 39th Street, Kansas City, MO 64111, is an exceptional investment opportunity. Built in 1941, this single-story building sits on an expansive 11,343 sq ft lot and includes an additional parking lot. The property boasts high ceilings, an open floor plan offering incredible flexibility, and is fully plumbed for various uses, including salons, medical practices, or dental offices. Features include five restrooms (three ADA compliant), numerous offices/therapy rooms, a breakroom with kitchen, and partitioned areas suitable for multiple tenants. The building benefits from three-phase power and three water heaters (two 80-gallon and one 50-gallon). Significant upgrades include two new HVAC units (2011) and a new roof (2011). Its exceptional location in Midtown offers amazing foot traffic, proximity to KU Medical Center, and numerous restaurants and coffee shops. This award-winning property, meticulously planned and designed with environmental awareness and cutting-edge technology in mind, presents a rare chance to own a thriving business in a high-demand area. The asking price is $1,899,000.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1941
Construction WOOD
Total area 6,250 SF
Lot 0.26 ac (11,326 SF)
APN 30-320-24-22
UPID US48-0993122

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1306 39th St Kansas City, MO 64111-4426
Kansas City metro Census 4600 KANSAS CITY, MO-KS METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$350k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$440k

Owner & transaction history

since 2018
4 recorded transactions
2018
Price N/A
2014
Price N/A
2008
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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