4501 Emanuel Cleaver Ii BlvdKansas City, MO 64130

Property Details for 4501 Emanuel Cleaver Ii Blvd

Year built

1970

Construction

WOOD

Lot size

4.44 AC

Property size (Sq ft)

15,000 SF

Property type

Office buildings

APN

31-510-14-04

APU

315101404

Description

This exceptional investment opportunity presents a 45,000-square-foot Class C office building situated on a generous 4.4-acre lot in Kansas City, Missouri. Located at 4501 Emanuel Cleaver II Blvd, zip code 64130, this single-building property boasts ample parking and additional land included in the sale, offering significant expansion potential. Constructed in 1966, the building is priced at $1,950,000, translating to a price per square foot of $43.33. The property is perfect for an owner/user seeking a substantial space. Flexible floor plans accommodate various needs, with office suites ranging from 1,000 to 45,000 square feet. A large main hall capable of accommodating 350+ people is a key feature. The sizable basement presents numerous possibilities for expansion or additional uses. This property offers a unique blend of established infrastructure and significant growth potential, making it an attractive investment in the thriving Kansas City market. The ample land and parking provide a significant advantage in a competitive market. This is a rare opportunity to acquire a substantial office building with significant expansion potential in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $2,811,720

  6.5%

  $2,595,433

  7%

  $2,410,045

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,072,950

  Geo Method

  $1,072,950

• Alternative Use

  Use

  Valuation

  Residential

  $3,218,337

  Hospitality

  $2,947,980

  Educational

  $2,452,684

  Medical

  $2,537,036

  Retail

  $3,815,287

Location Insight

City

Kansas City

County

Jackson

State

Missouri

Latitude

39.043

Longitude

-94.5246

CBSA code

28140

CBSA name

KANSAS CITY, MO-KS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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