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This impressive two-story masonry office building offers a unique value-add investment opportunity for those seeking a profitable addition to their portfolio. With 15,000 square feet of space available, this building is ideal for businesses of all types. Tenants will appreciate the ample parking available on the premises, making it easy for their clients and employees to access the building. Conveniently located near Liberty High School, B&B Theaters, and a variety of other amenities, this property provides an excellent location for businesses seeking to establish themselves in the thriving Kansas City market. With solar power located on the roof, this building is both sustainable and energy-efficient, saving tenants money on their energy bills. Inside, an elevator and two restrooms for both Men and Women provide convenience and accessibility for all. The building features eight units+/- that can be demised or combined for future leasing opportunities, allowing for maximum flexibility. Each unit is 3,500??square feet or less, making them perfect for a variety of uses. Investors will appreciate the I-35 Corridor Office Submarket's strong performance compared to other submarkets in the Kansas City, MO market. The vacancy rate has dropped from 5.83% in Q2 of 2022 to 5.33% in Q2 of 2023, indicating a healthy and growing market. The submarket rent per square foot has increased $0.07 in the last year to a new average rate of $19.41 per square foot, making this an excellent investment opportunity. Don't miss out on the chance to own a building in a prime location that is ready to be leased. Contact us today to learn more about this exceptional property and its potential for your business or investment portfolio.

Listed by:

Keller Williams Realty Partner

Source: Greater Heartland Region MLS, MLS#: 2437048

  • Property Type
    CommercialSale

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  • Median Age
    36
  • Population Density
    447
  • College Educated
    44%
  • Estimated Median Monthly Income
    $78,884
  • Estimated Total Home Owners
    9,947
  • Estimated Total Renters
    3,502
  • Owner / Renter Divide
    74% / 26%
  • Estimated Average Household Size
    3
  • Total Population
    38,976
  • Community data courtesy of LiveBy, Inc.

Owning this Home

$
$ %
%
*Assumes 7.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.

Life at 115 Blue Jay Drive


Schools

3
Alexander Doniphan Elementary
  • Grades: KG-5
  • Public
5
Epic Elementary
  • Grades: KG-5
  • Public
5
Franklin Elementary
  • Grades: KG-5
  • Public
4
Lewis And Clark Elementary
  • Grades: KG-5
  • Public
3
Lillian Schumacher Elementary
  • Grades: KG-5
  • Public
2
Manor Hill Elementary
  • Grades: KG-5
  • Public
2
Ridgeview Elementary
  • Grades: KG-5
  • Public
4
Warren Hills Elementary
  • Grades: KG-5
  • Public
4
Discovery Middle School
  • Grades: 6-8
  • Public
4
Heritage Middle School
  • Grades: 6-8
  • Public
4
Liberty Middle School
  • Grades: 6-8
  • Public
4
South Valley Middle
  • Grades: 6-8
  • Public
5
Liberty High
  • Grades: 9-12
  • Public
4
Liberty North High School
  • Grades: 9-12
  • Public
School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

History

Date Event Value Agent
5/25/2023Source: Greater Heartland Region MLS Added to Database
May 25, 2023