Property profile

1321 13th St Kansas City, MO 64102

OFF-MARKET
Warehouses
Property ID
US48-0565406
8,750 SF 0.21 ac lot Built 1895
Entity Owned 11-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1895
Construction WOOD
Total area 8,750 SF
Lot 0.21 ac (9,148 SF)
APN 29-330-10-03
UPID US48-0565406

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Photography Service (Bike/Boat/Book/etc) Store
  • Wedding Service
  • Photography Service (Bike/Boat/Book/etc) Store
  • Film Production
  • Consultant

Location

1321 13th St Kansas City, MO 64102-1021
Kansas City metro Census 15200 KANSAS CITY, MO-KS METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$577k
Blend (final) Blend
$585k

Owner & transaction history

since 2015
3 recorded transactions
2021
Price N/A
2021
Price N/A
2015
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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