1921 Truman RdKansas City, MO 64127

  • Retail space
  • 2,500 SF
For Lease
$8/SF/YR View listing

Property Details for 1921 Truman Rd

Year built
1909
Construction
WOOD
Lot size
0.08 AC
Property size (Sq ft)
2,500 SF
Property type
Retail space
APN
29-140-25-09
APU
291402509

Description

This exceptional 8,762 square foot multi-tenant commercial property in Kansas City, Missouri, offers a unique blend of office and industrial space. Located at 1921 E Truman Rd, in Jackson County, zip code 64127, this Class B building provides immediate access to I-70, ensuring convenient transportation for your business. The property features a total of 8,762 square feet, with 4,300 square feet currently available for lease. The flexible layout is ideal for a variety of uses, including creative office, manufacturing, and distribution. The available space is adaptable to suit diverse business needs. The building boasts convenient features such as a freight elevator and dock facilities, perfect for efficient loading and unloading of goods. The second and third floors offer wide-open spaces ready for immediate occupancy. The property's strategic location near the Kansas City MLB Urban Youth Academy on Truman Road, between Woodland Ave and Brooklyn Ave, adds to its appeal. This is a prime opportunity to secure a versatile and well-equipped space in a thriving area of Kansas City. The property is categorized as Office and Industrial, with subtypes including Creative Office, Manufacturing, and Distribution. Individual spaces ranging from 2,150 to 4,300 square feet are available.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $688,871
    6.5%
    $635,881
    7%
    $590,461
  • Comparable approach

    Method
    Valuation
    Relative Method
    $450,639
    Geo Method
    $450,639
  • Alternative Use

    Use
    Valuation
    Residential
    $536,390
    Hospitality
    $491,330
    Educational
    $408,781
    Medical
    $422,839
    Retail
    $635,881
1921 Truman Rd, Kansas City, Missouri

Location Insight

City
Kansas City
County
Jackson
State
Missouri
Latitude
39.0947
Longitude
-94.5589
CBSA code
28140
CBSA name
KANSAS CITY, MO-KS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$4,516
$7,072
$41,728
$48,800
-
-
-
$152,500

FAQs

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