Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    6505 N Prospect Ave, Unit 300 Gladstone, MO 64118
    Back to Search
    Property profile & analytics

    6505 N Prospect Ave, Unit 300 Gladstone, MO 64118

    View on Map
    • Commercial real estate
    • 0.95 lot acres
    For Lease
    $1,350/Mo
    View Listing →
    Northland Office Suite For Rent For Lease
    $1,350/Mo
    1,250 SF

    Northland Office Suite For Rent

    1250 SF office suite with utilities included.

    6505 N Prospect Ave Suite 300, Gladstone, MO 64118
    View Listing
    Property ID
    US48-0459288
    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

    • Jeff Williams Agency Inc American Family Insurance / Insurance Agency
    • Mark Pearcy Agency Inc American Family Insurance / Insurance Agency
    • N2Modeling Kansas City Modeling And Acting School / Theater & Performing Art Venue / Vocational School
    • Community First National Bank / Bank / Loan Service
    • Alpha Title Guaranty, Inc. / Title Company

    Property Details for 6505 N Prospect Ave

    Year built
    1978
    Lot size
    0.95 lot acres
    Property type
    Commercial real estate
    APN
    14-417-00-18-002-00
    APU
    14417001800200

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Kansas City
    County
    Clay
    State
    Missouri
    Longitude
    -94.5476
    Latitude
    39.2122
    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
    2023
    $16,070
    $0.00
    $0.00
    $186,300
    -
    $0.00
    $0.00
    $582,187

    Comparable in this City

    • Value Estimation by Request
      2.40 Acres

      Brighton Ave

      Multifamily properties • 2.40 Acres
      0 Brighton Ave, Kansas City, MO 64119
      View Details
    • Value Estimation by Request
      25.00 Acres

      MO1 Maplewoods Pkwy

      Lifestyle centers • 25.00 Acres
      MO1 Maplewoods Pkwy, Kansas City, MO 64119
      View Details
    • Value Estimation by Request
      0.35 Acres

      5106 Antioch Rd

      COMMERCIAL (GENERAL) • 0.35 Acres
      5106 Antioch Rd, Kansas City, MO 64119-2502
      View Details
    • Value Estimation by Request
      0.62 Acres

      6003 Antioch Rd

      COMMERCIAL (GENERAL) • 0.62 Acres
      6003 Antioch Rd, Kansas City, MO 64119-1832
      View Details
    • Value Estimation by Request
      0.54 Acres

      6104 Antioch Rd

      COMMERCIAL (GENERAL) • 0.54 Acres
      6104 Antioch Rd, Kansas City, MO 64119-1815
      View Details
    • Value Estimation by Request
      0.80 Acres

      2800 60th St

      COMMERCIAL (GENERAL) • 0.80 Acres
      2800 60th St, Kansas City, MO 64119-2036
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2,800 SF

      Retail Property in Kansas City

      2800 SF retail property available for sale.
      4915 NE Vivion Rd, Kansas City, MO 64119
      View Details
    • $70,000
      0.76 Acres

      Residential Land in Gladstone, Missouri

      0.76 acre treed daylight lot in Carriage Hill Estates.
      6836 N Myrtle Ct, Gladstone, MO 64119
      View Details
    • $925,000
      4.54 Acres

      Prime Land with Highway Visibility

      4.54 acres of land with highway visibility in Kansas City.
      E Park Ave, Kansas City, MO 64119
      View Details
    • $95,000
      0.43 Acres

      Residential Land in Gladstone, MO

      0.43 acre treed walkout lot in Carriage Hill Estates.
      7001 N Norton Ave, Gladstone, MO 64119
      View Details
    • $85,000
      0.41 Acres

      Residential Land in Gladstone, Missouri

      Over 0.4 acre treed walkout lot in Carriage Hill.
      6815 N Myrtle Ave, Gladstone, MO 64119
      View Details
    • Contact for pricing
      0.15 Acres

      Residential Land in Kansas City

      Two lots for building a dream home near elementary school.
      N White Ave, Kansas City, MO 64119
      View Details

    Similar Nearby for Lease

    • $15 SF/Yr
      1,102 SF

      Retail Space in High-Traffic Area

      Retail space available in a high-traffic Kansas City location.
      5124 NE Antioch Rd, Kansas City, MO 64119
      View Details
    • $15 SF/Yr
      4,320 SF

      Office Space Available For Rent

      Office space available for lease in Gladstone, Missouri.
      2900 NE 60Th St, Gladstone, MO 64119
      View Details
    • $2,000 /Mo
      60,548 SF

      Retail Space in Thriving Center

      Retail space suitable for coffee shop or limited food service.
      4112 NE Vivion Rd, Kansas City, MO 64119
      View Details
    • Contact for pricing

      Commercial Building in Gladstone, MO

      Commercial building for lease with flexible suite sizes and parking.
      2850 NE Kendallwood Pkwy, Kansas City, MO 64119
      View Details
    • Contact for pricing
      2,000 SF

      Kansas City Office Space Available

      2000 square feet of office space for rent.
      3000 NE Brooktree Ln, Kansas City, MO 64119
      View Details
    • Contact for pricing

      Gladstone Office Space For Rent

      Move-in ready office spaces in Gladstone, near I-29.
      5601 NE Antioch Rd, Kansas City, MO 64119
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    6505 N Prospect Ave, Unit 300
    Gladstone, MO 64118
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    6505 N Prospect Ave, Gladstone, MO, 64118
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!