7600 RAYTOWN ROAD • RAYTOWN, MO...2000-2010 Census, 2020 Estimates with 2025 Projections...

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7600 RAYTOWN ROAD • RAYTOWN, MO HANK SIMPSON D 816.777.2859 E [email protected] FOR MORE INFORMATION PROPERTY DETAILS Office Investment - For Sale Price: $248,000 ($31.00/PSF) 8,000 RSF (4,000 RSF Per Floor) 87.5% Occupied (1,000 SF Vacant, 2nd Floor) 2019 NOI - $8,801.68 Three Long Time Existing Tenants 63 Parking Stalls 0.67 Acres The information used to create this brochure was gathered from sources deemed reliable. Though we do not doubt its accuracy, we do not guarantee or warranty it. You and your advisors should conduct a careful independent investigation of the information to determine your satisfaction and suitability. AREA REAL ESTATE ADVISORS A 4800 MAIN ST, SUITE 400, KANSAS CITY, MO 64112 P 816.895.4800 W OPENAREA.COM

Transcript of 7600 RAYTOWN ROAD • RAYTOWN, MO...2000-2010 Census, 2020 Estimates with 2025 Projections...

Page 1: 7600 RAYTOWN ROAD • RAYTOWN, MO...2000-2010 Census, 2020 Estimates with 2025 Projections Calculated using Weighted Block Centroid from Block Groups Lat/Lon: 38.9853/-94.465 7600

7600 RAYTOWN ROAD • RAYTOWN, MO

HANK SIMPSOND 816.777.2859E [email protected]

FOR MORE INFORMATION

PR

OP

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ETA

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O�ce Investment - For Sale

Price: $248,000 ($31.00/PSF)

8,000 RSF (4,000 RSF Per Floor)

87.5% Occupied (1,000 SF Vacant, 2nd Floor)

2019 NOI - $8,801.68

Three Long Time Existing Tenants

63 Parking Stalls

0.67 Acres

The information used to create this brochure was gathered from sources deemed reliable. Though we do not doubt its accuracy, we do not guarantee or warranty it. You and your advisors should conduct a careful independent investigation of the information to determine your satisfaction and suitability.

AREA REAL ESTATE ADVISORS A 4800 MAIN ST, SUITE 400, KANSAS CITY, MO 64112 P 816.895.4800 W OPENAREA.COM

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7600 RAYTOWN ROADWITH 63 PARKING STALLS

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7600 RAYTOWN RD

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FULL PROFILE2000-2010 Census, 2020 Estimates with 2025 ProjectionsCalculated using Weighted Block Centroid from Block Groups

Lat/Lon: 38.9853/-94.465

7600 Raytown Rd1 mi radius 3 mi radius 5 mi radius

Raytown, MO 64138

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2020 Estimated Population 0 T 8,931 50,900 114,8562025 Projected Population 0 T 8,840 49,941 114,2052010 Census Population 0 T 9,197 51,886 114,5482000 Census Population 0 T 9,292 52,943 116,044Projected Annual Growth 2020 to 2025 - -0.2% -0.4% -0.1%Historical Annual Growth 2000 to 2020 - -0.2% -0.2% -

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2020 Estimated Households 0 T 3,896 21,804 48,7832025 Projected Households 0 T 3,799 21,064 47,7642010 Census Households 0 T 3,818 21,108 46,2452000 Census Households 0 T 3,930 21,960 46,920Projected Annual Growth 2020 to 2025 - -0.5% -0.7% -0.4%Historical Annual Growth 2000 to 2020 - - - 0.2%

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2020 Est. Population Under 10 Years - 11.6% 12.1% 12.8%2020 Est. Population 10 to 19 Years - 11.9% 12.5% 12.8%2020 Est. Population 20 to 29 Years - 11.3% 12.1% 12.6%2020 Est. Population 30 to 44 Years - 19.4% 19.3% 18.9%2020 Est. Population 45 to 59 Years - 19.4% 19.2% 18.7%2020 Est. Population 60 to 74 Years - 17.2% 16.8% 16.5%2020 Est. Population 75 Years or Over - 9.2% 7.9% 7.6%2020 Est. Median Age 40.5 39.3 38.5

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2020 Est. Male Population - 47.7% 47.4% 47.0%2020 Est. Female Population - 52.3% 52.6% 53.0%

2020 Est. Never Married - 38.2% 34.4% 36.8%2020 Est. Now Married - 40.1% 41.1% 39.4%2020 Est. Separated or Divorced - 15.3% 18.9% 17.8%2020 Est. Widowed - 6.4% 5.6% 6.1%

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2020 Est. HH Income $200,000 or More - 1.5% 1.6% 2.7%2020 Est. HH Income $150,000 to $199,999 - 3.1% 3.0% 3.3%2020 Est. HH Income $100,000 to $149,999 - 13.6% 13.3% 11.7%2020 Est. HH Income $75,000 to $99,999 - 18.2% 13.8% 12.1%2020 Est. HH Income $50,000 to $74,999 - 20.7% 21.3% 20.5%2020 Est. HH Income $35,000 to $49,999 - 18.5% 17.9% 17.6%2020 Est. HH Income $25,000 to $34,999 - 9.7% 10.2% 10.3%2020 Est. HH Income $15,000 to $24,999 - 9.0% 10.4% 11.6%2020 Est. HH Income Under $15,000 - 5.7% 8.5% 10.2%2020 Est. Average Household Income $0 T $80,410 $69,239 $68,8982020 Est. Median Household Income $0 T $58,856 $55,118 $54,1992020 Est. Per Capita Income $0 T $35,125 $29,755 $29,364

2020 Est. Total Businesses 0 T 277 1,335 3,0372020 Est. Total Employees 0 T 2,740 12,773 39,879

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FULL PROFILE2000-2010 Census, 2020 Estimates with 2025 ProjectionsCalculated using Weighted Block Centroid from Block Groups

Lat/Lon: 38.9853/-94.465

7600 Raytown Rd1 mi radius 3 mi radius 5 mi radius

Raytown, MO 64138

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2020 Est. White - 68.9% 56.1% 51.3%2020 Est. Black - 23.7% 35.0% 40.1%2020 Est. Asian or Pacific Islander - 1.3% 2.0% 1.6%2020 Est. American Indian or Alaska Native - 0.4% 0.4% 0.4%2020 Est. Other Races - 5.7% 6.5% 6.5%

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IC 2020 Est. Hispanic Population 0 T 457 2,936 7,1152020 Est. Hispanic Population - 5.1% 5.8% 6.2%2025 Proj. Hispanic Population - 5.4% 6.0% 6.4%2010 Hispanic Population - 4.5% 5.1% 5.4%

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2020 Est. Adult Population (25 Years or Over) - 6,391 35,612 79,1352020 Est. Elementary (Grade Level 0 to 8) - 1.8% 1.8% 2.2%2020 Est. Some High School (Grade Level 9 to 11) - 3.3% 4.6% 6.0%2020 Est. High School Graduate - 36.1% 33.1% 32.8%2020 Est. Some College - 26.0% 28.5% 27.2%2020 Est. Associate Degree Only - 8.2% 7.8% 7.9%2020 Est. Bachelor Degree Only - 15.3% 15.9% 15.4%2020 Est. Graduate Degree - 9.3% 8.2% 8.5%

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NG 2020 Est. Total Housing Units - 4,096 23,182 52,569

2020 Est. Owner-Occupied - 70.1% 64.1% 59.5%2020 Est. Renter-Occupied - 25.0% 29.9% 33.3%2020 Est. Vacant Housing - 4.9% 5.9% 7.2%

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R 2020 Homes Built 2010 or later - 1.8% 1.9% 2.6%2020 Homes Built 2000 to 2009 - 2.8% 2.9% 4.3%2020 Homes Built 1990 to 1999 - 5.5% 4.7% 6.7%2020 Homes Built 1980 to 1989 - 4.9% 8.2% 8.7%2020 Homes Built 1970 to 1979 - 17.5% 19.0% 16.6%2020 Homes Built 1960 to 1969 - 26.3% 24.2% 21.9%2020 Homes Built 1950 to 1959 - 25.2% 22.6% 20.8%2020 Homes Built Before 1949 - 11.1% 10.6% 11.3%

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2020 Home Value $1,000,000 or More - 0.3% 0.2% 0.2%2020 Home Value $500,000 to $999,999 - 1.8% 2.2% 2.5%2020 Home Value $400,000 to $499,999 - 1.4% 2.1% 2.9%2020 Home Value $300,000 to $399,999 - 4.1% 4.2% 6.4%2020 Home Value $200,000 to $299,999 - 8.3% 11.9% 14.6%2020 Home Value $150,000 to $199,999 - 19.4% 20.0% 17.5%2020 Home Value $100,000 to $149,999 - 28.3% 27.0% 24.2%2020 Home Value $50,000 to $99,999 - 32.8% 28.7% 27.7%2020 Home Value $25,000 to $49,999 - 2.7% 3.4% 5.1%2020 Home Value Under $25,000 - 2.1% 2.3% 2.5%2020 Median Home Value $0 T $116,708 $130,402 $137,4782020 Median Rent $0 T $713 $696 $700

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FULL PROFILE2000-2010 Census, 2020 Estimates with 2025 ProjectionsCalculated using Weighted Block Centroid from Block Groups

Lat/Lon: 38.9853/-94.465

7600 Raytown Rd1 mi radius 3 mi radius 5 mi radius

Raytown, MO 64138

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2020 Est. Labor Population Age 16 Years or Over - 7,248 40,829 91,1332020 Est. Civilian Employed - 64.4% 63.6% 61.8%2020 Est. Civilian Unemployed - 1.5% 1.9% 2.4%2020 Est. in Armed Forces - - - -2020 Est. not in Labor Force - 34.1% 34.5% 35.8%2020 Labor Force Males - 47.0% 46.3% 45.8%2020 Labor Force Females - 53.0% 53.7% 54.2%

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2020 Occupation: Population Age 16 Years or Over 0 T 4,669 25,968 56,2792020 Mgmt, Business, & Financial Operations - 10.3% 12.1% 12.7%2020 Professional, Related - 19.7% 21.2% 21.3%2020 Service - 19.6% 18.0% 18.4%2020 Sales, Office - 23.5% 23.5% 23.6%2020 Farming, Fishing, Forestry - - - 0.3%2020 Construction, Extraction, Maintenance - 11.4% 9.6% 8.4%2020 Production, Transport, Material Moving - 15.6% 15.5% 15.3%2020 White Collar Workers - 53.4% 56.8% 57.6%2020 Blue Collar Workers - 46.6% 43.2% 42.4%

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2020 Drive to Work Alone - 90.7% 86.1% 85.6%2020 Drive to Work in Carpool - 4.0% 6.2% 5.7%2020 Travel to Work by Public Transportation - 0.7% 1.2% 1.8%2020 Drive to Work on Motorcycle - - 0.2% 0.1%2020 Walk or Bicycle to Work - 1.4% 1.5% 1.3%2020 Other Means - 0.5% 0.8% 0.8%2020 Work at Home - 2.7% 3.9% 4.6%

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E 2020 Travel to Work in 14 Minutes or Less - 20.8% 17.8% 18.1%2020 Travel to Work in 15 to 29 Minutes - 57.4% 52.7% 48.7%2020 Travel to Work in 30 to 59 Minutes - 24.6% 28.2% 27.7%2020 Travel to Work in 60 Minutes or More - 2.2% 2.9% 2.9%2020 Average Travel Time to Work 21.7 22.5 22.4

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2020 Est. Total Household Expenditure $0 T $236.62 M $1.19 B $2.63 B2020 Est. Apparel $0 T $8.16 M $41.02 M $91.27 M2020 Est. Contributions, Gifts - $12.84 M $64.34 M $144.22 M2020 Est. Education, Reading - $6.66 M $33.96 M $77.47 M2020 Est. Entertainment $0 T $13.14 M $65.8 M $145.98 M2020 Est. Food, Beverages, Tobacco - $36.82 M $185.17 M $409.48 M2020 Est. Furnishings, Equipment $0 T $8.19 M $41.03 M $90.91 M2020 Est. Health Care, Insurance - $22.41 M $112 M $246.75 M2020 Est. Household Operations, Shelter, Utilities - $77.19 M $388.56 M $861.95 M2020 Est. Miscellaneous Expenses $0 T $4.46 M $22.43 M $49.76 M2020 Est. Personal Care $0 T $3.18 M $15.95 M $35.31 M2020 Est. Transportation $0 T $43.58 M $218.39 M $481.11 M