215 Pershing RdKansas City, MO 64108

Property Details for 215 Pershing Rd

Year built

1917

Construction

STEEL FRAME

Lot size

0.63 AC

Property size (Sq ft)

21,798 SF

Property type

High-rise multifamily apartments

APN

29-530-04-05

APU

295300405

Description

This exceptional Crown Center office building, located at 215 Pershing, offers a unique opportunity for businesses seeking prime space in a vibrant location. Built in 1919 and extensively renovated in 2001, this Class B building boasts 81,233 square feet across five stories. Currently, there are 33,472 square feet of vacant space available, divisible into units ranging from a minimum of 10,000 square feet to a maximum contiguous space of 20,000 square feet. The building features three high-speed elevators for convenient access to all floors. Tenants will enjoy stunning views of Union Station, Liberty Memorial, and the vibrant Downtown Kansas City skyline. Beyond the impressive views, the building offers a range of amenities designed to enhance productivity and employee well-being, including a rooftop deck, a state-of-the-art fitness facility, and a comfortable club room. Its strategic location in the Crown Center submarket of Jackson County provides unparalleled access to Union Station, the Crown Center complex, and the convenient Streetcar Line, ensuring seamless connectivity throughout the city. The property consists of one building with three total suites and is identified by APN numbers 29-530-04-05-00-0-00-000 and 29-530-04-06-00-0-00-000. This is an ideal opportunity to secure a prestigious office space in a highly sought-after location.

• CAP approach

  CAP return

  Valuation

  6%

  $5,066,628

  6.5%

  $4,676,888

  7%

  $4,342,824

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,416,777

  Geo Method

  $2,416,777

• Alternative Use

  Use

  Valuation

  Residential

  $4,676,888

  Hospitality

  $4,284,004

  Educational

  $3,564,241

  Medical

  $3,686,821

  Retail

  $5,544,375

Location Insight

City

Kansas City

County

Jackson

State

Missouri

Latitude

39.0832

Longitude

-94.587

CBSA code

28140

CBSA name

KANSAS CITY, MO-KS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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