502 W Markey Rd
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502 W Markey Rd
2,356 SF Office Building Belton, MO 64012 $749,000 ($318/SF) 6% Cap Rate
Investment Highlights
- Corner Lot
- Large office spaces
- High traffic intersection
Executive Summary
***Update 12/06/2024*** SELLER SAYS BRING ALL OFFERS! Incredible location on a busy corner lot. Zoned C-2 General Commercial. This former government building was built with the similar structure of a school. Converted to an office building that boasts seven large offices, two restrooms, kitchen stuffed full of brand new appliances, reception area and lots of storage. All new electrical service with upgraded breaker panel. Brand new plumbing, heating and cooling system with water heater. New LVP flooring, drop ceiling tiles, paint, custom kitchen cabinets, countertops and modern finishes. Resealed roof, gutters, exterior paint. Perfect location for all professional services, child daycare or medical. Hurry, this one will not last!
Financial Summary (Actual - 2022) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$2,356
|
$1.00
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$2,356
|
$1.00
|
Financial Summary (Actual - 2022)
| Taxes | |
|---|---|
| Annual | $2,356 |
| Annual Per SF | $1.00 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $2,356 |
| Annual Per SF | $1.00 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
2,356 SF
Building Class
C
Year Built/Renovated
1960/2024
Price
$749,000
Price Per SF
$318
Cap Rate
6%
NOI
$44,940
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,356 SF
Building FAR
0.05
Lot Size
1.17 AC
Zoning
C-2 - C-2 General Commercial Incredible location on a busy corner lot. Zoned C-2 General Commercial.
Amenities
- Signage
- Accent Lighting
- Central Heating
- Drop Ceiling
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Brand new complete remodel. Incredible location on a busy corner lot. Zoned C-2 General Commercial. This former government building was built with the similar structure of a school. Converted to an office building that boasts seven large offices, two restrooms, kitchen stuffed full of brand new appliances, reception area and lots of storage. All new electrical service with upgraded breaker panel. Brand new plumbing, heating and cooling system with water heater. New LVP flooring, drop ceiling tiles, paint, custom kitchen cabinets, countertops and modern finishes. Resealed roof, gutters, exterior paint. Perfect location for all professional services, child daycare or medical. Hurry, this one will not last!
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 2,356 SF | Office | - | Now |
1st Floor
| Size |
| 2,356 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
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VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1st Floor
| Size | 2,356 SF |
| Space Use | Office |
| Condition | - |
| Available | Now |
Brand new complete remodel. Incredible location on a busy corner lot. Zoned C-2 General Commercial. This former government building was built with the similar structure of a school. Converted to an office building that boasts seven large offices, two restrooms, kitchen stuffed full of brand new appliances, reception area and lots of storage. All new electrical service with upgraded breaker panel. Brand new plumbing, heating and cooling system with water heater. New LVP flooring, drop ceiling tiles, paint, custom kitchen cabinets, countertops and modern finishes. Resealed roof, gutters, exterior paint. Perfect location for all professional services, child daycare or medical. Hurry, this one will not last!
1 of 1
PROPERTY TAXES
| Parcel Number | 1402085 | Total Assessment | $24,480 (2024) |
| Land Assessment | $16,310 (2024) | Annual Taxes | $2,356 ($1.00/SF) |
| Improvements Assessment | $8,170 (2024) | Tax Year | 2022 |
PROPERTY TAXES
Parcel Number
1402085
Land Assessment
$16,310 (2024)
Improvements Assessment
$8,170 (2024)
Total Assessment
$24,480 (2024)
Annual Taxes
$2,356 ($1.00/SF)
Tax Year
2022
1 of 76
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
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502 W Markey Rd
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