Property profile

331 Main St Platte City, MO 64079

OFF-MARKET
Retail space
Property ID
US48-0772765
5,100 SF 0.08 ac lot Built 1896
Entity Owned 3-yr Hold Free & Clear
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Property summary

AI-generated overview

This stunning, fully renovated executive office building presents a unique investment opportunity in the heart of Platte City, Missouri. Located at 331 Main Street, this two-story property boasts a total of 3936 square feet of meticulously updated office space, perfect for a law firm or other professional service business. Built in 1896 and completely renovated in 2022, the building seamlessly blends historic charm with modern functionality. The interior features multiple offices, well-appointed conference rooms, and inviting common areas, all designed to enhance productivity and collaboration. An additional 1150 square feet of warehouse space is located at the rear of the building, offering versatile storage or expansion potential. Large front windows provide excellent natural light and street visibility, maximizing exposure for your business. While on-street parking is readily available, a separate parking lot behind the building is also available for purchase, providing ample parking for staff and clients. This exceptional property sits on a 0.08-acre lot and enjoys convenient access to the Platte County Courthouse and other downtown amenities, as well as easy access to interstate highways and the new international airport, reflecting the continued growth of the Northland area. The asking price for this must-see property is $475,000.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1896
Total area 5,100 SF
Lot 0.08 ac (3,485 SF)
APN 13-7.0-25-300-019-005-000
UPID US48-0772765

Cap rate & NOI

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

Location

331 Main St Platte City, MO 64079-8451
Platte City metro Census 30502 KANSAS CITY, MO-KS METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$825k
Comparable Approach Comparable
$1.07M
Blend (final) Blend
$960k

Owner & transaction history

since 2023
7 recorded transactions
2024
Price N/A
2023
Price N/A
2022
Price N/A
2021
Price N/A
2020
Price N/A
2019
Price N/A
2018
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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