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    FOR SALE
    Office buildings

    1800 Baltimore Ave, Kansas City, MO 64108

    4,640 SF 0.11 ac lot Built 1920
    Entity Owned 11-yr Hold ~ Est. High Equity
    Property ID
    US48-3328809
    Property summary
    AI-generated overview

    This exceptional Class A mixed-use property, located at 1800 Baltimore Ave in Kansas City, Missouri's vibrant Crossroads Arts District, presents a unique investment opportunity. The six-story, 27,000 square foot building, originally constructed in 1920 and extensively renovated in 2006, boasts a rich history. Previously utilized by major film studios for decades, it now offers a blend of office and retail spaces across five floors. A stunning penthouse loft and a rooftop terrace with panoramic downtown Kansas City views complete this remarkable offering. The property is zoned DX-15 and features a mix of leased and vacant spaces, catering to both owner-users and investors seeking a prime location in a thriving area. The asking price is $6,750,000, translating to $250 per square foot. This sale-leaseback opportunity allows for immediate income generation and long-term potential. The building's unique character, combined with its prime location and modern amenities, makes it an unparalleled investment in the heart of Kansas City. The property's history adds to its charm and appeal, offering a blend of historical significance and contemporary functionality. This is a rare chance to acquire a landmark building with significant upside potential in a rapidly developing neighborhood. The property's size and layout provide flexibility for a variety of uses, making it an ideal investment for discerning buyers.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1920
    Construction CONCRETE
    Total area 4,640 SF
    Lot 0.11 ac (4,792 SF)
    Zoning code M1
    APN 29-520-11-01
    UPID US48-3328809
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Shree Technology Solutions (Bike/Boat/Book/etc) Store Corporate Office
    • Long & Robinson, LLC Law Firm
    • Tukuh Technologies, LLC Tech Support Center
    • Scudder Law Firm Law Firm
    • Bizz & Weezy Confections Cafe & Coffee Shop
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $420k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $610k
    Blend (final) Blend
    $515k
    Owner & transaction history
    Fruition Holdings LLC · 11 yrs held
    Fruition Holdings LLC
    since 2015
    6 recorded transactions
    2015
    2002
    1999
    1969
    1969
    1969
    Zoning & alternative use
    M1 · Kansas City, MO
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Retail stores $540,000 +37.6%
    Auto repair, garage $395,000 +1.4%
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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