700 R D Mize RdBlue Springs, MO 64014

Property Details for 700 R D Mize Rd

Year built

1925

Construction

WOOD

Lot size

2.26 AC

Property size (Sq ft)

16,501 SF

Property type

Office buildings

APN

36-820-11-01

APU

368201101

Description

This Class A, 2-story office complex, totaling 24,000 square feet, is located at 700 NE RD Mize Rd, Blue Springs, MO 64014, conveniently situated off Adams Dairy Parkway near Walmart. Built in 1958 and extensively renovated in 2024, the property features one building with 115 parking spaces and a single elevator. The available 900-square-foot suite boasts six workstations, four private offices, a reception area, a kitchenette, central air and heating, and is in excellent condition. Utilities, building services, and property expenses are included in the lease rate. The property offers great visibility and ample parking. This is a multi-tenant building with a total of 24,000 square feet. The suite is ideal for businesses seeking a modern, well-maintained space in a convenient location.

• CAP approach

  CAP return

  Valuation

  6%

  $3,093,079

  6.5%

  $2,855,150

  7%

  $2,651,210

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,180,316

  Geo Method

  $1,180,316

• Alternative Use

  Use

  Valuation

  Residential

  $3,540,386

  Hospitality

  $3,242,974

  Educational

  $2,698,116

  Medical

  $2,790,909

  Retail

  $4,197,070

Location Insight

City

Blue Springs

County

Jackson

State

Missouri

Latitude

39.0227

Longitude

-94.2529

CBSA code

28140

CBSA name

KANSAS CITY, MO-KS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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