738 Armstrong AveKansas City, KS 66101

  • Retail space
  • 39,180 SF
For Lease

Property Details for 738 Armstrong Ave

Year built
1940
Construction
BRICK
Lot size
0.15 AC
Property size (Sq ft)
39,180 SF
Property type
Retail space
APN
87620
APU
87620

Description

This exceptional Kansas City industrial property, located at 738 Armstrong Avenue, offers 36,000 total square feet of versatile space, ideal for a variety of uses. Currently, 18,000 square feet is immediately available for lease, divisible into units as small as 6,000 square feet, with a maximum contiguous space of 18,000 square feet. The property is classified as Flex, Warehouse, R&D, and Storage space, providing significant adaptability for diverse business needs. Situated in Wyandotte County, Kansas City, KS 66101, this location offers convenient access to major transportation routes. The building features an elevator for efficient multi-level access. Multiple tenants are currently occupying portions of the building, creating a vibrant and collaborative environment. This is a rare opportunity to secure high-quality industrial space in a prime Kansas City location. The available space is ready for immediate occupancy, offering a flexible lease structure to accommodate various business requirements. Contact us today to schedule a viewing and explore the possibilities.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $10,795,990
    6.5%
    $9,965,529
    7%
    $9,253,706
  • Comparable approach

    Method
    Valuation
    Relative Method
    $7,062,414
    Geo Method
    $7,062,414
  • Alternative Use

    Use
    Valuation
    Residential
    $8,406,297
    Hospitality
    $7,700,123
    Educational
    $6,406,412
    Medical
    $6,626,738
    Retail
    $9,965,529
738 Armstrong Ave, Kansas City, Kansas

Location Insight

City
Kansas City
County
Wyandotte
State
Kansas
Latitude
39.1148
Longitude
-94.6287
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
$16,867
$4,553
$91,748
$96,301
-
$18,210
$366,990
$385,200

FAQs

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