7836 State AveKansas City, KS 66112

Property Details for 7836 State Ave

Year built

1967

Lot size

12.21 AC

Property size (Sq ft)

107,000 SF

Property type

Outlet malls

APN

246900

APU

246900

Description

This exceptional 158,816 square foot shopping center in Kansas City, Kansas (zip code 66112), is currently 100% vacant and presents a unique opportunity for a single tenant or multiple tenants to establish a significant presence in a vibrant and diverse market. The property, located at 7836 State Ave, offers substantial space for a wide range of retail uses. Its prime location provides excellent visibility and accessibility, benefiting from the dynamic character of Kansas City's neighborhoods. The area boasts a rich history and a blend of local hospitality, diverse cultures, and numerous attractions. Nearby amenities include popular hangouts, historical sites, world-class shopping at Legends Outlets Kansas City, and entertainment options such as the Kansas Speedway. This property's size and location make it ideal for a large-scale retail operation or a collection of complementary businesses seeking to capitalize on the area's growth and strong community presence. The entire building is available for lease, offering unparalleled flexibility for a prospective tenant or tenants to customize the space to meet their specific needs. This is a rare opportunity to secure a substantial retail footprint in a thriving Kansas City neighborhood.

• CAP approach

  CAP return

  Valuation

  6%

  $29,483,690

  6.5%

  $27,215,714

  7%

  $25,271,734

• Comparable approach

  Method

  Valuation

  Relative Method

  $19,287,350

  Geo Method

  $19,287,350

• Alternative Use

  Use

  Valuation

  Residential

  $22,957,472

  Hospitality

  $21,028,922

  Educational

  $17,495,816

  Medical

  $18,097,524

  Retail

  $27,215,714

Location Insight

City

Kansas City

County

Wyandotte

State

Kansas

Latitude

39.1178

Longitude

-94.7625

CBSA code

28140

CBSA name

KANSAS CITY, MO-KS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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