Kansas City, MO
Commercial Real Estate Market Trends & Data

$165 Avg asking sale price
$2,762 Avg asking lease rate
30,514 SF Avg unit lease size
30,818 SF Avg building size for sale
7.17% Average cap rate

Kansas City's Demographic Profile

Kansas City has 226,715 households and a median income of $64,541, providing context for rent absorption and tenant demand across retail and multifamily assets. A +3% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 531,772
# Households 226,715
Median age 37
Median household income $64,541
Avg household size 2.0
Renter-occupied housing units 112,942
5-year population change +3%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Kansas City, MO

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Kansas City $172 24,081 SF 9.75%
Westwood $248 10,920 SF 6.57%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Kansas City $99 55,181 SF 7.73%
North Kansas City $273 12,961 SF 6.95%
Kansas City $105 57,005 SF 12.10%
Nearby Retail Markets Avg Cost/SF Typical Size
Kansas City $229 11,885 SF
North Kansas City $211 5,222 SF
Mission $84 14,506 SF
Merriam $84 14,506 SF
Prairie Village $177 10,344 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Kansas City $132 26,453 SF 9.89%
Kansas City $153 26,090 SF 8.78%
Raytown $158 19,442 SF 9.89%

Commercial Properties For Sale in Kansas City

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

Ambassador Development at KCI

Kansas City, MO 64163

  • 1.60 - 9.50 AC Lots
  • 7 Commercial Lots
  • Price Upon Request
For Sale

The Auto Mall

Raytown, MO 64133

  • 22,427 SF Retail Building
  • $2,995,000
For Sale

Mixed-Use opportunity

Kansas City, MO 64119

  • 533.45 AC Lot
  • 1 Commercial Lot
  • Price Upon Request
For Sale

1425 Agnes Ave

Kansas City, MO 64127

  • 19,450 SF Industrial Building
  • $1,250,000
For Sale

1400 E 2nd St

Kansas City, MO 64106

  • 16,990 SF Industrial Building
  • $1,440,000
For Sale

Pearl Street Multifamily Portfolio

Kansas City, KS

  • 6.19% Cap Rate
  • $775,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Kansas City pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Kansas City $165 30,818 SF
Westwood $176 6,529 SF
North Kansas City $177 11,419 SF

Multifamily Properties For Sale in Kansas City

For Sale

The 4700

Kansas City, MO 64112

  • 33,474 SF Multifamily
  • 6.82% Cap Rate
  • $5,000,000
For Sale

Lincrest

Kansas City, MO 64109

  • 28,000 SF Multifamily
  • $1,950,000
For Sale

4245-4247 Harrison St

Kansas City, MO 64110

  • 13,840 SF Multifamily
  • $1,350,000
For Sale

The Manhattan

Kansas City, MO 64106

  • 150,936 SF Multifamily
  • $599,000
For Sale

West Bottoms 3

Kansas City, MO

  • Price Upon Request
For Sale

4141 Pennsylvania Ave

Kansas City, MO 64111

  • 63,270 SF Multifamily
  • Price Upon Request
For Sale

333 W Meyer Blvd

Kansas City, MO 64113

  • 130,000 SF Multifamily
  • $145,000

Regional Demographic Comparison

This comparison places Kansas City alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Kansas City or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Kansas City 531,772 226,715 37 $64,541 2 112,942 3%
Westwood 1,755 768 40 $85,174 2 165 3%
Roeland Park 6,582 3,062 37 $73,807 2 879 2%
North Kansas City 5,160 2,990 41 $41,631 2 2,213 5%
Fairway 4,138 1,735 41 $141,164 2 233 2%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Kansas City, MO and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Kansas City

View All Commercial Real Estate For Sale in Kansas City
Is Kansas City a good market for a first-time commercial real estate investor?

Kansas City offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Kansas City?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Kansas City. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Kansas City?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Kansas City. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Kansas City compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Kansas City. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Kansas City acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Kansas City, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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