1712 Holmes StKansas City, MO 64108

Property Details for 1712 Holmes St

Year built

1926

Construction

WOOD

Lot size

0.15 AC

Property size (Sq ft)

5,856 SF

Zone code

M1

Property type

Office buildings

APN

29-240-38-08-01

APU

29240380801

Description

This exceptional 6,000-square-foot Class A creative office space, located at 1712 Holmes St in Kansas City, Missouri's East Crossroads submarket, is a single-tenant property housed in a beautifully restored building. Originally constructed in 1926 and extensively renovated in 2015, this one-story building boasts a unique blend of historical charm and modern functionality. The main office area encompasses 4,419 square feet, featuring radiant heat concrete floors, a restored barrel ceiling, and an open-air concept, perfectly suited for a creative business. Additional space includes a 458-square-foot storage room and a versatile 1,125-square-foot back room, adaptable for use as additional offices, a gym, or extra storage. The building is equipped with solar panels on the roof, potentially reducing monthly electricity bills by 0-20%. Some existing furniture may be available for the next tenant. Situated in Jackson County, zip code 64108, this property offers an unparalleled location within Kansas City's vibrant arts and business district. No elevators are present.

• CAP approach

  CAP return

  Valuation

  6%

  $1,097,695

  6.5%

  $1,013,257

  7%

  $940,882

• Comparable approach

  Method

  Valuation

  Relative Method

  $418,880

  Geo Method

  $418,880

• Alternative Use

  Use

  Valuation

  Residential

  $1,256,439

  Hospitality

  $1,150,891

  Educational

  $957,528

  Medical

  $990,459

  Retail

  $1,489,488

Location Insight

City

Kansas City

County

Jackson

State

Missouri

Latitude

39.0926

Longitude

-94.5757

CBSA code

28140

CBSA name

KANSAS CITY, MO-KS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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