Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    1321 13th St Kansas City, MO 64102-1021

    Property Lookup

    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1321 13th St Kansas City, MO 64102-1021

    View on Map
    • Warehouses
    • 8,750 SF
    • 0.21 lot acres
    Off-Market
    Property ID
    US48-0565406
    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
    $585,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Aaron Lindberg Photography / Photography Service / (Bike/Boat/Book/etc) Store
    • The Oliver Building / Wedding Service
    • Wild Light Boudoir / Photography Service / (Bike/Boat/Book/etc) Store
    • Lago Studios / Film Production
    • Logicalis / Consultant

    Property Details for 1321 13th St

    Year built
    1895
    Construction
    WOOD
    Lot size
    0.21 lot acres
    Property size
    8,750 SF
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    29-330-10-03
    APU
    293301003

    Description

    This exceptional industrial property, located at 1321 W 13th Street in Kansas City, Missouri, presents a unique investment opportunity. The building, known as The Oliver Building, is a six-story warehouse with a single tenant occupancy. Currently, a maximum of 10,200 square feet is available on the sixth floor. Future phases of development include the addition of a fifth floor. The property sits on an 8,973 square foot lot and is zoned WHSE (Warehouse). The APN is 29-330-10-03-00-0-00-000. The property is classified as both Industrial and Retail, with a warehouse and bar subtype. This presents a versatile space suitable for a variety of businesses. The lease is a triple net (NNN) lease, with rental rates ranging from $16 to $18 per square foot, contingent upon tenant financials and industry. The landlord is offering tenant improvements, making this an attractive proposition for businesses seeking a move-in ready space. The property's location in Kansas City, MO, zip code 64102, offers excellent access to transportation and key infrastructure.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $577,000
      Market price range: $577k - $1.83M

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

    Location Insight

    • Map
    • Local Demand
    City
    Kansas City
    County
    Jackson
    State
    Missouri
    Longitude
    -94.6008
    Latitude
    39.0994
    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
    2024
    $7,259
    $10,816
    $67,616
    $78,432
    -
    $0.00
    $0.00
    $245,100

    Comparable in this City

    • Value Estimation
      $1,540,000
      23,142 SF

      1801 Liberty St

      MINI-WAREHOUSE, STORAGE • 23,142 SF
      1801 Liberty St, Kansas City, MO 64102-1009
      View Details
    • Value Estimation by Request
      9,954 SF

      1500 14th St

      MINI-WAREHOUSE, STORAGE • 9,954 SF
      1500 14th St, Kansas City, MO 64102-1057
      View Details
    • Value Estimation
      $1,000,000
      12,136 SF

      1550 Liberty St

      MINI-WAREHOUSE, STORAGE • 12,136 SF
      1550 Liberty St, Kansas City, MO 64102-1016
      View Details
    • Value Estimation
      $990,000
      7,560 SF

      1400 13th St

      MINI-WAREHOUSE, STORAGE • 7,560 SF
      1400 13th St, Kansas City, MO 64102-1020
      View Details
    • Value Estimation by Request
      7,560 SF

      1319 Hickory St

      MINI-WAREHOUSE, STORAGE • 7,560 SF
      1319 Hickory St, Kansas City, MO 64102-1006
      View Details
    • Value Estimation by Request
      2,208 SF

      1701 Liberty St

      MINI-WAREHOUSE, STORAGE • 2,208 SF
      1701 Liberty St, Kansas City, MO 64102-1011
      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.
    1321 13th St
    Kansas City, MO 64102-1021
    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

    1321 13th St, Kansas City, MO, 64102

    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!