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    800 W 47Th St Kansas City, MO 64112

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    800 W 47Th St Kansas City, MO 64112

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    • Office buildings
    • 17,625 SF
    • 1.36 lot acres
    For Lease
    $25 SF/Yr
    View Listing →
    Kansas City Office Space Available For Lease
    $25 SF/Yr
    7,330 SF

    Kansas City Office Space Available

    Office space for lease with upgrades and covered parking.

    800 W 47th St, Kansas City, MO
    View Listing
    Property ID
    US48-3366820
    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

    • BMO Harris Bank Mortgage / Loan Service / Bank
    • Meara King & Co: Smith Cara CPA / Accounting Firm / Tax Preparation
    • Raymond James Financial Services / Financial Advisor
    • Summit Sportswear / Big Box & Wholesale Store
    • Perry Plaza Dental / Dental Office

    Property Details for 800 W 47Th St

    Year built
    1970
    Construction
    CONCRETE
    Lot size
    1.36 lot acres
    Property size
    17,625 SF
    Property type
    Office buildings
    APN
    30-410-32-07
    APU
    304103207

    Description

    Located in the heart of Kansas City, Missouri's prestigious Country Club Plaza, the Plaza Corporate Centre offers exceptional executive office space. This 105,234 square foot building features 14 suites, with a minimum divisible space of 309 square feet and a maximum contiguous space of 14,322 square feet, providing flexibility for businesses of all sizes. Currently, 53,886 square feet of office space is available. The building's prime location within the vibrant 15-block Plaza district offers unparalleled access to over 150 shops, numerous fine restaurants, and a year-round calendar of events, including the renowned Plaza Lights and Art Fair. This location provides exceptional visibility and convenience for businesses seeking a prestigious address in Kansas City's premier shopping, dining, and entertainment destination. The Plaza Corporate Centre is situated at 800 West 47th Street, Kansas City, MO 64112, in Jackson County. The building's multiple tenancy structure allows for a diverse range of businesses to thrive within this dynamic environment. This is an exceptional opportunity to establish a presence in one of Kansas City's most sought-after locations.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $1,110,000
      Current use

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

    Location Insight

    • Map
    • Local Demand
    City
    Kansas City
    County
    Jackson
    State
    Missouri
    Longitude
    -94.5967
    Latitude
    39.0429
    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
    $394,259
    $1,604,064
    $2,059,936
    $3,664,000
    -
    $0.00
    $0.00
    $11,450,000

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      4710 Pennsylvania Ave

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      4733 Belleview Ave

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      19,324 SF

      700 47th St

      OFFICE BUILDING • 19,324 SF
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      View Details
    • Value Estimation
      $1,915,000
      15,429 SF

      4900 Main St

      OFFICE BUILDING • 15,429 SF
      4900 Main St, Kansas City, MO 64112-2683
      View Details

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    Similar Nearby for Lease

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      High-Image Corporate Office Building

      14-story office building in the Country Club Plaza.
      4622 Pennsylvania Ave, Kansas City, MO 64112
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      931 SF

      Country Club Plaza Office Space

      Signature office building in the Country Club Plaza.
      4620 J C Nichols Pkwy, Kansas City, MO 64112
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      Mixed-Use Project with Office Tower

      Mixed-use project featuring office, retail, and public library.
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      Office Space with Active Security

      Office space with enhanced security, dining, and retail options.
      420 Ward Pkwy, Kansas City, MO 64112
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      5,110 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
      2,530 SF

      Office Space Near Country Club

      Office space for rent near Country Club Plaza.
      1000 W 46Th St, Kansas City, MO 64112
      View Details
    View Listing
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    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.

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