Bank of the West | 4610 Noland Rd
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Bank of the West 4610 Noland Rd
3,000 SF Retail Building Independence, MO 64055 $1,500,000 ($500/SF) 5% Cap Rate
Investment Highlights
- Intersection carries over 60,000 cars per day
Executive Summary
Located on a pad of a 300,000 SF shopping center with Gordmans, Catherine's, Olive Garden, and others
Established population base with commercial and residential growth surrounding this property
Just north of Lakewood communities and Lee's Summit, MO
Intersection carries over 50,000 cars per day
Established population base with commercial and residential growth surrounding this property
Just north of Lakewood communities and Lee's Summit, MO
Intersection carries over 50,000 cars per day
Financial Summary (Actual - 2016) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$75,000
|
$25.00
|
Financial Summary (Actual - 2016)
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $75,000 |
| Annual Per SF | $25.00 |
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
3,000 SF
Building Class
B
Year Built
1986
Price
$1,500,000
Price Per SF
$500
Cap Rate
5%
NOI
$75,000
Tenancy
Single
Building Height
1 Story
Zoning
C-2
Parking
40 Spaces (13.33 Spaces per 1,000 SF Leased)
Frontage
163 FT on Noland Rd
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 33-520-10-83-00-0-00-000 | Improvements Assessment | $0 (2024) |
| Land Assessment | $224,000 (2024) | Total Assessment | $224,000 (2024) |
PROPERTY TAXES
Parcel Number
33-520-10-83-00-0-00-000
Land Assessment
$224,000 (2024)
Improvements Assessment
$0 (2024)
Total Assessment
$224,000 (2024)
-
Power Broker David Block -
Power Broker Alex Block -
Block & Company, Inc.
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Bank of the West | 4610 Noland Rd
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