Property profile

1601 Mcgee St Kansas City, MO 64108

OFF-MARKET
Manufacturing properties
Property ID
US48-1258805
23,772 SF 4.58 ac lot Built 2004
Entity Owned Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional Class A office building, totaling 344,130 square feet, is situated on a 5.21-acre lot at 1601 McGee Street in Kansas City, Missouri, zip code 64108. Constructed in 2006, this multi-tenant property features a blend of office and warehouse/production space (64,029 SF office; 280,101 SF warehouse/production). The building boasts impressive features including 15'-60' ceiling heights (reaching 88' in the automated storage area), a fully automatic fire sprinkler system, and ample loading capabilities with 18 loading docks, one grade-level door, and three recycling dock doors. An interior truck court adds 40,080 square feet of additional space. The property also includes one 12' x 14' drive-in door. The HVAC system comprises two-pipe forced hot water gas-fired boilers for heating and four 875-ton chillers and one cooling tower for cooling, maintaining a comfortable 72-75 degree temperature and 45-50% humidity in the press hall. Built with fire-resistant structural steel and reinforced concrete, the building showcases a high-E glass curtain wall, copper panels, stainless steel panels, and corrugated metal panels. Parking is provided by 78 secured and lighted spaces on a separate 0.64-acre lot at 1708 Locust Street. The building is powered by Evergy and Spire Energy, with water and sewer services provided by KC Water. Power redundancy is ensured by two separate circuits from separate substations, and the building can operate entirely on backup generators. Three 4" conduits provide fiber optic and CAT6 capabilities. The roof features a TPO roofing system. The property is zoned URD (Urban Redevelopment) and has a current tax assessment of $35,000 annually; the next user will determine the new tax rate. Elevators include one passenger elevator (2,500-pound capacity) and two freight elevators (20,000-pound capacity each), along with two material lifts. The property's prime location offers easy access to Interstates 70, 29, 35, 670, and 49, and its proximity to the T-Mobile Center adds to its desirability.

Property profile

Verified
Property type Manufacturing properties
Use group HEAVY MANUFACTURING
Year built 2004
Construction STEEL FRAME
Total area 23,772 SF
Lot 4.58 ac (199,505 SF)
Zoning code URD
APN 29-240-19-11
UPID US48-1258805

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
  • Restaurant
  • Warehouse & Storage
  • Publishing House Newspaper & Magazine

Location

1601 Mcgee St Kansas City, MO 64108-1421
Kansas City metro Census 15800 KANSAS CITY, MO-KS METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.41M
Comparable Approach Comparable
$2.53M
Blend (final) Blend
$2.47M

Owner & transaction history

since 2025
2 recorded transactions
2025
Price N/A
2019
Price N/A

Zoning & alternative use

URD · Kansas City, MO
Top alternative use upside
Apartment house (5+ units) $2.8M +81.3%
Restaurant $2.8M +78.6%
Retail stores $2.8M +76.3%

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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