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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    4801 Main St Kansas City, MO 64112

    • Commercial real estate
    • 278,000 SF
    For Lease
    View listing
    $35 SF/Yr
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US48-0752971
    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.

    Current Use by Public Records

    • Murray-Roberts Sharon J / Law Firm
    • Alemifar Nancy J / Law Firm
    • Attorney Max Ellenbecker / Law Firm
    • Attorney Edward V. Wilson / Law Firm
    • Attorney Bernardo Zito Porto / Law Firm

    Property Details for 4801 Main St

    Year built
    2004
    Property size
    278,000 SF
    Property type
    Commercial real estate

    Description

    Plaza Colonnade offers exceptional Class A executive office space in Kansas City's vibrant Country Club Plaza. This six-story, 278,000 square foot mixed-use building, constructed in 2004, boasts a prime location with unparalleled views. Currently, multiple suites are available, ranging from 9,881 to 18,372 contiguous square feet, with a minimum divisible space of 18,212 square feet. Suite 650 (18,212 square feet) will be available January 1, 2025. The building features a convenient, six-story secured parking garage with a 4:1,000 square foot ratio, five elevators, and 24/7 security and on-site property management. Tenants enjoy a new tenant lounge and fitness center, along with easy access to numerous restaurants, hotels, and retail options within walking distance. The building's strategic location provides unobstructed views of the Country Club Plaza and Brush Creek. This exceptional property offers a sophisticated and convenient work environment in the heart of Kansas City's most desirable area. Jackson County location. Total building has two suites.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Kansas City
    County
    Jackson
    State
    Missouri
    Longitude
    -94.586425
    Latitude
    39.0394371

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    Similar Nearby for Lease

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      8,550 SF

      Retail and Office Space Available

      Retail and office spaces with enhanced security and amenities.
      4638 J C Nichols Pkwy, Kansas City, MO 64112
      View Details
    • Contact for pricing
      5,321 SF

      Country Club Plaza Retail/Office Space

      Retail and office spaces available in Kansas City's premier district.
      601-605 W 47Th St, Kansas City, MO 64112
      View Details
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      Prime Office Space in Kansas

      Ideally located office space with excellent amenities and access.
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      2,530 SF

      Office Space Near Country Club

      Office space for rent near Country Club Plaza.
      1000 W 46Th St, Kansas City, MO 64112
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      7,330 SF

      Kansas City Office Space Available

      Office space for lease with upgrades and covered parking.
      800 W 47Th St, Kansas City, MO 64112
      View Details
    • Contact for pricing
      1,402 SF

      Office Space with Active Security

      Office space with enhanced security, dining, and retail options.
      420 Ward Pkwy, Kansas City, MO 64112
      View Details

    Property Visit Statistics

    • Visits by month
      11.7k
    • Visitors by month
      10.9k
    • Avg Time on site
      27 min
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    4801 Main St
    Kansas City, MO 64112
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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