738 Armstrong AveKansas City, KS 66101
- Retail space
- 39,180 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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