200 6Th StKansas City, KS 66101

Property Details for 200 6Th St

Year built

1971

Construction

BRICK

Lot size

1.04 AC

Property size (Sq ft)

10,102 SF

Property type

Office buildings

APN

119762

APU

119762

Description

This exceptional three-story building at 200 N 6th Street, Kansas City, KS 66101, presents a unique investment opportunity. Spanning over 45,000 square feet on a lot exceeding one acre, this all-brick structure offers significant versatility. The building boasts over 25,000 square feet of usable space, ideally suited for a variety of commercial uses, including warehouse, manufacturing, and executive office functions. A key feature is the elevator servicing all three floors, enhancing efficiency and accessibility. Loading and unloading are facilitated by both drive-in and dock doors. Ample parking is provided by two lots; a lower lot ideal for exterior storage and an upper lot for employee and visitor parking. The property benefits from robust electrical service, including 400 amp 240-volt 3-phase and 200 amp 240-volt 3-phase and single-phase power. Floor plans are available upon request. Its strategic location offers easy access to I-70 via Central Avenue, providing excellent connectivity for transportation and logistics. The asking price is $2,500,000. This expansive property is ready for immediate occupancy and presents a wealth of opportunities for various commercial ventures. Don't miss this chance to acquire a substantial and well-equipped commercial building in a prime Kansas City location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,893,599

  6.5%

  $1,747,938

  7%

  $1,623,085

• Comparable approach

  Method

  Valuation

  Relative Method

  $722,596

  Geo Method

  $722,596

• Alternative Use

  Use

  Valuation

  Residential

  $2,167,443

  Hospitality

  $1,985,366

  Educational

  $1,651,801

  Medical

  $1,708,609

  Retail

  $2,569,468

Location Insight

City

Kansas City

County

Wyandotte

State

Kansas

Latitude

39.1056

Longitude

-94.6244

CBSA code

28140

CBSA name

KANSAS CITY, MO-KS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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