702 SW South Avenue | Blue Springs, Missouri
A New Client Relationship. Room to Add Value. $125,300 Below Asking.
The first property brought them together. Another property brought them to the closing table.
When a prospective buyer contacted Joe Nuci of Midwest CRE Advisors about another listing, that opportunity didn’t work out. But the conversation continued.
What started as a property inquiry became a client relationship. Joe continued working with the buyer to find the right fit—a search that led to 702 SW South Avenue, a 5,440-square-foot flex industrial property just off Highway 7 in Blue Springs.
Joe represented the buyer in its acquisition for $527,500—$125,300 below the original asking price of $652,800, a reduction of approximately 19.2%.
And the purchase price was only part of the opportunity.
The property offered a combination of existing income, usable space, and room to add value.
At the time of marketing, the building was fully occupied: 3,852 square feet leased to a month-to-month tenant at rents described in the offering memorandum as below market, with the remaining 1,588 square feet occupied by the seller.
That arrangement gave the buyer options: retain the existing tenant, negotiate updated lease terms, or use or lease the seller-occupied portion.
The building’s physical layout supported that flexibility. With approximately 1,900 square feet of office space, warehouse and storage areas, and three garage doors, it could accommodate a range of business needs, from a showroom or service operation to a parts department or warehouse.
The opportunity was in both how the building could be used and how its income could grow.
Joe’s work on this acquisition began with a conversation about an entirely different property.
When that first opportunity didn’t move forward, he stayed engaged, helped the buyer find an alternative, and represented him through the successful purchase.
At closing, the buyer acquired the property for approximately $96.97 per square foot, compared with the original asking price of $120 per square foot.
That reduced acquisition cost gave the buyer a stronger starting position to pursue the property’s operational and income potential.
MetricResultBuyer’s AgentJoe Nuci · Midwest CRE AdvisorsRelationship OriginInquiry on Another ListingProperty Type / SizeFlex Industrial · 5,440 SFOriginal Asking Price$652,800Closing Price$527,500Reduction from Original Asking Price$125,300 · Approximately 19.2%Purchase Price per Square Foot$96.97Occupancy at Marketing3,852 SF Tenant-Occupied · 1,588 SF Seller-Occupied
Every inquiry is a chance to understand what someone is trying to accomplish—even when the property they first ask about doesn’t work out.
By continuing that conversation, Joe helped turn initial interest into a successful acquisition with existing rental income, flexible space, and multiple paths to add value.
For the buyer, it meant finding a property that fit and securing it at $125,300 below the original asking price.
It started with one inquiry. It ended with the right opportunity.
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