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373 W 101St Ter Kansas City, MO 64114
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373 W 101St Ter Kansas City, MO 64114


  • Grocery and convenience stores
  • 16,416 SF
  • 2.86 lot acres
Medical Office Building For Sale For Sale
$1,565,000
65,400 SF

Medical Office Building For Sale

35,400 SF medical office building with spaces available.

373 W 101st Ter, Kansas City, MO 64114
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Property ID
US48-3383206
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Encompass Medical Group / Medical Clinic
  • Stacie Kubicsko / Physician
  • JANEISHA GRIGGS / Physician
  • Encompass Imaging / Physician
  • Hearing Health Associates / Medical Clinic

Property Details for 373 W 101St Ter

Year built
1977
Construction
CONCRETE
Lot size
2.86 lot acres
Property size
16,416 SF
Property type
Grocery and convenience stores
APN
48-820-03-78
APU
488200378

Description

This exceptional owner-user medical office building (MOB) presents a unique investment opportunity in South Kansas City, Missouri. Located at 373 W 101st Terrace, 64114, this stabilized, single-story, two-building complex boasts a substantial 35,000 square feet of space and currently enjoys an 87% occupancy rate. The asking price is $6,495,000. The property features a gross lease structure, eliminating the complexities of tenant management. Significant renovations were completed in 2020, including the installation of new HVAC units, a reinforced retaining wall, a solar-paneled roof, a perimeter security fence with a gated entrance, and a resurfaced and restriped parking lot. Landscaping has also been updated. Future improvements are planned, including a new awning and facade at the building entrance. This cash-flowing asset offers a compelling opportunity for a medical entrepreneur to own their building and benefit from the income generated by other medical tenants. The seller is offering a 4% carried interest on flexible terms. This property is for sale by owner and presents a rare chance to acquire a well-maintained, high-performing medical office building in a desirable location.


Value Estimations

based on Realmo’s proprietary methodology
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $1,340,000
    Market price range: $1.21M - $2.96M
  • Alternative Use

    Use
    Estimation
    AUTO REPAIR, GARAGE
    $2,170,000
    RETAIL STORES
    $1,875,000
    RESTAURANT
    $1,875,000
    COMMERCIAL (GENERAL)
    $1,810,000
    INDUSTRIAL (GENERAL)
    $1,375,000
    APARTMENT HOUSE (5+ UNITS)
    $1,375,000
    OFFICE BUILDING
    $1,350,000

Get a detailed, property-specific estimation — fast and free


Location Insight

  • Map
  • Local Demand
City
Kansas City
County
Jackson
State
Missouri
Longitude
-94.5951
Latitude
38.9435
CBSA code
28140
CBSA name
KANSAS CITY, MO-KS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$78,499
$417,792
$454,208
$872,000
-
$0.00
$0.00
$2,725,000
View Listing
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