Property profile

901 43rd St Kansas City, MO 64111

OFF-MARKET
Office buildings
Property ID
US48-3128475
3,720 SF 0.23 ac lot Built 1957
Entity Owned 9-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This 6,888 square foot Class C office building at 901 W 43rd St, Kansas City, MO 64111, is offered at $825,000 ($174.22/sq ft). Currently vacant, this property presents a compelling value-add opportunity for owner-occupancy or redevelopment. Built in 1957 and renovated in 2008, the building boasts an attractive mid-century exterior. The main level comprises approximately 3,600 square feet and includes covered parking for six vehicles. A sizable 3,288 square foot lower level offers significant potential for renovation and expansion of net rentable area (NRA). The 0.23-acre lot is strategically located at the nexus of the Country Club Plaza, Westport, and West Plaza neighborhoods, providing convenient access to major commuter thoroughfares like Belleview and Madison. The property's location offers excellent visibility and accessibility. There's also potential to acquire adjacent parcels, expanding the site to approximately 1.3 acres. This is an exceptional opportunity to capitalize on a prime location and create a thriving office space. Off-street parking is available.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1957
Construction CONCRETE
Total area 3,720 SF
Lot 0.23 ac (10,019 SF)
APN 30-410-06-01
UPID US48-3128475

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician
  • Medical Clinic

Location

901 43rd St Kansas City, MO 64111-3133
Kansas City metro Census 7100 KANSAS CITY, MO-KS METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$320k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$365k

Owner & transaction history

since 2016
7 recorded transactions
2020
Price N/A
2016
Price N/A
2016
Price N/A
2015
Price N/A
2008
Price N/A
2008
Price N/A
2008
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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