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Property profile & analytics
OFF-MARKET Estimated value $545,000
Warehouses

5110 Waukomis Dr Kansas City, MO 64151-3508

8,000 SF 0.52 ac lot Built 2001
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US48-1254344
Property summary
AI-generated overview

This 8,000-square-foot industrial building, situated on a 0.52-acre lot in Kansas City, Missouri's Northmoor neighborhood, presents a compelling investment opportunity. Built in 2001, this Class B property boasts a desirable location at the southwest quadrant of I-29 and Waukomis Drive, offering easy access to major highways (I-29, I-635, and Highway 169) and proximity to Kansas City's central business district (just 5 miles away). The building features a concrete slab foundation, metal frame construction, and a pitched metal roof with insulated metal walls and decorative stone accents. Inside, you'll find 500 square feet of office space, plus a small mezzanine office (not included in the 8,000 sq ft). The warehouse area offers a 22-foot ceiling height, one drive-in door and one dock-high door, and a 200-amp, 3-phase electrical service with provisions for future building division. The property is zoned for industrial use and is offered at $850,000 ($106.25/sq ft) with a NNN lease type. Its flexible layout, making it divisible into two 4,000-square-foot units, caters to both owner-users and investors. The location in Northmoor offers a significant tax advantage, lacking the earnings tax present in Kansas City, MO. This property is part of the Leggett Commercial Park, adding to its appeal.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2001
Construction STEEL FRAME
Total area 8,000 SF
Lot 0.52 ac (22,651 SF)
APN 19-8.0-33-400-008-001-000
UPID US48-1254344
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
  • Club North Volleyball Gym & Fitness Center
  • Rising Star Insurance Inc. Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$616k
Blend (final) Blend
$545k
Owner & transaction history
Legandco LLC · 1 yrs held
Legandco LLC
since 2024
4 recorded transactions
2024
Price N/A
2019
Price N/A
2018
Price N/A
2017
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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