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    4240 Blue Ridge Blvd Kansas City, MO 64133
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    Property profile & analytics

    4240 Blue Ridge Blvd Kansas City, MO 64133


    • Office buildings
    • 9,814 SF
    • 5.02 lot acres
    Blue Ridge Tower Flexible Space For Lease
    $2,220,000

    Blue Ridge Tower Flexible Space

    Affordable office, medical, or retail space in Kansas City metro.

    4240 Blue Ridge Blvd, Kansas City, MO 64133
    View Listing
    Property ID
    US48-0985931
    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

    • Professional In Home TV Repair - Kansas / Computer & Electronic Repair
    • John R. Hugo, D.D.S. / Dental Office
    • Silverstein Eye Centers / Medical Clinic / Ophthalmologist
    • Blue Ridge Surgical Center / Medical Clinic / Hospital
    • Murphy & Tobin / Law Firm

    Property Details for 4240 Blue Ridge Blvd

    Year built
    1970
    Construction
    WOOD
    Lot size
    5.02 lot acres
    Property size
    9,814 SF
    Property type
    Office buildings
    APN
    33-330-11-03-01
    APU
    33330110301

    Description

    This exceptional .5-1 acre commercial land parcel, located at 4240 Blue Ridge Blvd in Kansas City, Missouri (zip code 64133), presents a unique investment opportunity. Currently operating as a well-maintained parking lot just west of the Blue Ridge Tower, this property is zoned for commercial use (Comm) and offers significant development potential. Envision a variety of uses, from retail spaces and mixed-use developments to entertainment hubs or food service establishments. Its prime location offers easy highway access and proximity to numerous stores, restaurants, and gas stations, ensuring high visibility and convenient access for potential businesses. The sellers are currently working with the city to potentially subdivide the parcel. Furthermore, the area is in the process of establishing a Community Improvement District (CID), which will levy a 1% sales tax on local businesses to fund enhanced security, maintenance, landscaping, and beautification efforts, significantly improving the area's appeal and value. This property's versatility makes it suitable for various commercial ventures, including a car wash, retail space, or parking garage. A ground lease is also a possibility. The asking price for this dynamic property is $795,000. Buyers are advised to independently verify zoning regulations with the City of Kansas City, Missouri.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $2,380,000
      6.5%
      $2,200,000
      7%
      $2,040,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $2,239,000
      Market price range: $619k - $2.24M
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $1,435,000
      Current use
      AUTO REPAIR, GARAGE
      $1,435,000
      Change: +0% Conversion: Difficult

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


    Location Insight

    • Map
    • Local Demand
    City
    Kansas City
    County
    Jackson
    State
    Missouri
    Longitude
    -94.4402
    Latitude
    39.0443
    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
    $150,191
    $483,008
    $956,992
    $1,440,000
    -
    $0.00
    $0.00
    $4,500,000
    View Listing
    More about this property
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