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    The Largest CRE Database in the US with Over 1 Million Listings

    Michael Block, Kansas City, MO

    License ID: 2009012381
    Block Real Estate Services Llc
    Association
    Kansas City Regional Association Of Realtors Inc

    Service Locations

    Contact details

    Phone:
    (816) 932-5549
    Office Address:
    700 W 47th St Ste 200, Kansas City, MO, 64112

    Performance

    Listings
    40

    Listings

    For Sale (13)

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      Lenexa Mixed-Use Property For Sale

      Mixed-use property available for sale in Lenexa, Kansas.
      11510 W 80Th St, Lenexa, KS 66214
      View Details
    • $1,502,820
      72,000 SF

      Lenexa Warehouse Space Available

      72,000 square foot warehouse in Lenexa, Kansas for sale.
      16800 W 113 St, Lenexa, KS
      View Details
    • $1,449,459
      64,480 SF

      Lenexa Land Opportunity

      Land available in Lenexa, Kansas.
      17002 College Blvd, Lenexa, KS
      View Details
    • $1,705,809
      88,360 SF

      Lenexa Land for Sale

      Land available in Lenexa, Kansas.
      11303 Britton St, Lenexa, KS 66203
      View Details
    • Contact for pricing
      35,454 SF

      Lenexa Office Building For Sale

      Office building with 28,041 square feet of space.
      11001-11037 Strang Line Rd, Lenexa, KS 66215
      View Details
    • $1,365,606

      Lenexa Land Parcel For Sale

      Land parcel available in Lenexa, Kansas.
      16301-16501 West 116 St, Lenexa, KS
      View Details
    • Contact for pricing
      16,750 SF

      Kansas City Warehouse - 16,750 SF

      Spacious Warehouse, Ideal Location
      3323 Roanoke Rd, Kansas City, MO 64111
      View Details
    • Contact for pricing
      35,454 SF

      Lenexa Office Building For Sale

      Office building for sale in Lenexa, Kansas.
      11025-11091 Strang Line Rd, Lenexa, KS 66215
      View Details
    • Contact for pricing
      64,480 SF

      Lenexa Land Parcel For Sale

      Land parcel suitable for a 64,480 SF Flex Building.
      17002 College Cir, Lenexa, KS 66219
      View Details
    • Contact for pricing
      2,520 SF

      Retail Space for Sale

      Retail space available for purchase in Kansas City, Kansas.
      7833 State Ave, Kansas City, KS 66112
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    • Contact for pricing
      70,589 SF

      Lenexa Flex/Industrial Property For Sale

      Flex/industrial property available for sale in Lenexa, Kansas.
      10932-10950 Strang Line Rd, Lenexa, KS 66215
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    • Contact for pricing
      72,000 SF

      Lenexa Land for Industrial Building

      Land suitable for a 72,000 SF Industrial/Flex building.
      11300 Britton St, Lenexa, KS 66219
      View Details
    • Contact for pricing
      88,360 SF

      Lenexa Land Parcel For Sale

      Land parcel suitable for an 88,360 SF flex building.
      11303 Britton St, Lenexa, KS 66219
      View Details

    For Lease (27)

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      Vernon Street Commercial Space

      Commercial space available for lease in Kansas City, MO.
      1600-1840 Vernon St, Kansas City, MO 64116
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    • Contact for pricing
      467 SF

      Kansas City Manufacturing/Warehouse Space

      Manufacturing/warehouse space with heavy power, central location, signage available.
      801-827 S 7Th St, Kansas City, KS 66101
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    • Contact for pricing
      150,000 SF

      Lenexa Warehouse Distribution Facility

      606,580 SF bulk cross-dock facility with highway access.
      16000-16200 W 116 St, Lenexa, KS
      View Details
    • Contact for pricing
      382,000 SF

      Kansas City Warehouse For Rent

      Large warehouse space available in Kansas City, Kansas.
      5101 Speaker Rd, Kansas City, KS 66106
      View Details
    • Contact for pricing
      18,800 SF

      Overland Park Warehouse Space Available

      109,254 SF high-cube warehouse in Overland Park, Kansas.
      10815-10835 W 78Th St, Overland Park, KS 66214
      View Details
    • Contact for pricing
      85,638 SF

      Overland Park High-Cube Warehouse

      157,531 SF high-cube, cross-dock building in Overland Park.
      10810-10814 W 78Th St, Overland Park, KS 66214
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    • Contact for pricing
      163,317 SF

      Distribution Building with Cross-Dock Configuration

      245,507 SF distribution building featuring cross-dock configuration.
      5710-5870 NW 41St St, Riverside, MO 64117
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    • Contact for pricing
      116,355 SF

      Lenexa Cross-Dock Distribution Warehouse

      249,150 SF cross-dock facility with modern features and great access.
      16301-16501 West 116 St, Lenexa, KS
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    • $3 SF/Yr

      Lenexa Commercial Space For Lease

      Commercial space available for lease in Lenexa, Kansas.
      16910-17000 West 116 St, Lenexa, KS 66219
      View Details
    • Contact for pricing
      9,245 SF

      Office, Flex, Warehouse Space Available

      Two-building complex offering office, flex, and warehouse spaces for lease.
      8600-8614 N Ambassador Dr, Kansas City, MO 64154
      View Details
    • Contact for pricing
      72,586 SF

      Lenexa Warehouse with Tax Abatement

      198,715 SF high-cube warehouse with immediate highway access.
      11280-11350 Britton St, Lenexa, KS 66203
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    • Contact for pricing
      18,675 SF

      Flex, Industrial, Warehouse Space Available

      Two-building complex offering office, flex, and warehouse spaces for rent.
      8400-8412 NW 107Th Ter, Kansas City, MO 64153
      View Details
    • Contact for pricing
      354,055 SF

      Lenexa Warehouse with Cross-Docking

      565,170 SF cross-dock facility with highway access.
      17201 W 113 St, Lenexa, KS
      View Details
    • $4 SF/Yr
      56,009 SF

      Kansas City Warehouse Space Available

      Multi-tenant warehouse with dock and drive-in loading near downtown.
      1925 Bedford Rd, Kansas City, MO 64116
      View Details
    • $5 SF/Yr
      149,544 SF

      High Cube Cross-Dock Facility

      238,659 SF cross-dock facility with ample parking and access.
      16910-17000 W 116 St, Lenexa, KS
      View Details
    • Contact for pricing
      401,197 SF

      Lenexa Warehouse and Distribution Facility

      401,198 SF cross-dock facility with immediate highway access.
      11200 Britton St, Lenexa, KS 66203
      View Details
    • Contact for pricing
      3,282 SF

      Lenexa Flex Space Available

      Flex space with excellent freeway access and high parking ratios.
      11066-11084 Strang Line Rd, Lenexa, KS 66215
      View Details
    • Contact for pricing
      22,581 SF

      Lenexa Flex Space Available

      Flex space with excellent freeway access and high parking ratios.
      10846-10890 Strang Line Rd, Lenexa, KS 66215
      View Details
    • $4 SF/Yr
      22,400 SF

      Industrial Warehouse Space Available

      Industrial warehouse space for rent, convenient location.
      1133-1235 Saline St, N Kansas City, MO 64116
      View Details
    • Contact for pricing

      Commercial Space for Lease

      Commercial space available for lease in Riverside, Missouri.
      6700 NW River Park Dr, Riverside, MO 64150
      View Details
    • Contact for pricing
      35,454 SF

      College Crossing Medical Office Space

      Prime Johnson County medical office suites available.
      11025-11091 Strang Line Rd, Lenexa, KS 66215
      View Details
    • Contact for pricing

      Industrial Space with Office/Production Area

      16,750 SF industrial space featuring office and production areas.
      3323 Roanoke Rd, Kansas City, MO 64111
      View Details
    • Contact for pricing

      Overland Park Office Space Available

      Office space for lease in Overland Park, Kansas.
      5100 W 110Th St, Overland Park, KS 66211
      View Details
    • Contact for pricing

      Retail Building with Pole Signage

      Freestanding retail building on a large lot with ample parking.
      7833 State Ave, Kansas City, KS 66112
      View Details
    • Contact for pricing

      Lenexa Flex/Industrial Space Available

      Flex, industrial, and office spaces for lease in Lenexa.
      10932-10950 Strang Line Rd, Lenexa, KS 66215
      View Details
    • Contact for pricing

      Lenexa Flex and Warehouse Space

      Flex, industrial, office, and warehouse spaces available for lease.
      11066 Strang Line Rd, Lenexa, KS 66215
      View Details
    • Contact for pricing
      4,304 SF

      Class A Office Space Available

      Rare Class A office building with excellent access and amenities.
      4001 114 & Tomahawk Crk Pkwy, Leawood, KS
      View Details

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    Michael Block, Kansas City, MO
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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