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Property profile & analytics
OFF-MARKET
Estimated value
$1,850,000
Office buildings
2020 Baltimore Ave, Kansas City, MO 64108-1973
Entity Owned
24-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US48-0708823
Property summary
AI-generated overview
This exceptional four-story executive office building, located at 2020 Baltimore Ave in Kansas City, Missouri, offers 28,356 square feet of completely vacant, immediately available space. The property is zoned M1 and situated in Jackson County, zip code 64108. Multiple tenancy options are available, with spaces ranging from a minimum of 2,550 square feet to a maximum contiguous space of 12,997 square feet, providing flexibility for businesses of various sizes. The building features convenient elevator access for easy navigation between the four floors. This prime location presents a unique opportunity for businesses seeking modern, efficient, and readily available office space in a thriving Kansas City area. The building's total square footage is 28,356 square feet, ensuring ample room for expansion or accommodating multiple tenants. The address is easily accessible and well-suited for a variety of professional uses. Interested parties are encouraged to inquire about lease terms and availability. This is a rare opportunity to secure a significant amount of high-quality office space in a desirable location.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1900
Construction
WOOD
Total area
14,100 SF
Lot
0.32 ac (13,939 SF)
Zoning code
M1
APN
29-520-32-08
UPID
US48-0708823
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
-
Big Mood Natural Wines Bar & Pub
-
K2b Inc Employment Agency
-
Victory Project Association / Organization
-
Citrus Table Hotel & Motel Resort
-
Clark & Enersen Architect Engineer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.85M
Blend (final)
Blend
$1.85M
Owner & transaction history
Francor LLC
Francor LLC
1 recorded transaction
Zoning & alternative use
M1 · Kansas City, MO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$1.7M
+41.6%
Restaurant
$1.7M
+39.5%
Retail stores
$1.6M
+37.6%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Kansas City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kansas City submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,185,000
Current use
APARTMENT HOUSE (5+ UNITS)
$1,680,000
Change: +42% · Conversion: Easy
RESTAURANT
$1,655,000
Change: +39% · Conversion: Moderate
RETAIL STORES
$1,635,000
Change: +38% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,205,000
Change: +1% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,160,000
Change: -2% · Conversion: Easy
Blend value · Realmo final
$1.85M
Range $1.67M – $2.04M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$131 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$148,078
Tax year 2024
Assessed value
$1,600,000
Assessed 2024
Previous assessed
$1,600,000
+0.0% YoY
Effective rate
9.25%
On assessed value
Assessed land
$240,896
Assessed improvement
$1,359,104
Total market value
$5,000,000
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1900
Construction
WOOD
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Total area
14,100 SF
Lot
0.32 ac (13,939 SF)
Zoning code
M1
APN
29-520-32-08
UPID
US48-0708823
Jurisdiction
JACKSON
Zoning & alternative use
M1 · Kansas City, MO
Zoning M1 · permitted uses
M1 · Kansas City, MO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Kansas City. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.7M
RESTAURANT
Est. value
$1.7M
RETAIL STORES
Est. value
$1.6M
AUTO REPAIR, GARAGE
Est. value
$1.2M
COMMERCIAL (GENERAL)
Est. value
$1.2M
OFFICE BUILDING Current
APARTMENT HOUSE (5+ UNITS)
RESTAURANT
RETAIL STORES
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1900
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
0.32 ac
Current owner
From public records · entity-resolved
Francor LLC
Entity
Mailing address
114 W 11TH ST STE #200, KANSAS CITY, MO 64105-1863
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
—
—
Francor LLC
—
Deed Of Trust
related
$4,200,000 · Commerce Bank NA
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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