4721 Cliff AveIndependence, MO 64055

Property Details for 4721 Cliff Ave

Year built

1989

Construction

CONCRETE

Lot size

1.97 AC

Property size (Sq ft)

14,239 SF

Property type

Office buildings

APN

34-530-01-14

APU

345300114

Description

This exceptional executive office suite, totaling 1,227 square feet, is situated within a well-maintained Class B office building at 4721 S Cliff Ave. The building, constructed in 1989, features a total of 27,750 square feet spread across two stories. This single-tenant space offers a fantastic opportunity for businesses seeking a professional and convenient location. Ample parking is available with 120 spaces provided for tenants and guests. The property benefits from a C-2 zoning designation, allowing for a variety of commercial uses. Recent upgrades to the common areas were completed in 2023, enhancing the overall aesthetic and functionality of the building. Attractive tenant improvement packages are available to customize the space to meet specific business needs. The property also boasts prominent monument signage opportunities, providing excellent visibility for businesses. Its strategic location offers easy access to major transportation arteries, including I-70, I-470, and Highway 40, ensuring convenient commutes for employees and clients. Furthermore, the surrounding area is rich with retail options, restaurants, and various professional services, creating a vibrant and convenient environment for businesses. The property's APN is 34-530-01-14-00-0-00-000. This is a rare opportunity to secure a well-located, updated executive office suite in a thriving commercial area.

• CAP approach

  CAP return

  Valuation

  6%

  $2,669,072

  6.5%

  $2,463,758

  7%

  $2,287,776

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,018,516

  Geo Method

  $1,018,516

• Alternative Use

  Use

  Valuation

  Residential

  $3,055,060

  Hospitality

  $2,798,419

  Educational

  $2,328,252

  Medical

  $2,408,324

  Retail

  $3,621,725

Location Insight

City

Independence

County

Jackson

State

Missouri

Latitude

39.0324

Longitude

-94.3641

CBSA code

28140

CBSA name

KANSAS CITY, MO-KS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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