Fenced-Yard Flex
For Sale
$695,000
7900 E 17th Street, Kansas City, MO 64126
Commercial Sale, Kansas City, MO
Property Size3,816 SF
Lot Size1.22 Acres
Price / SF$182.13
Days on Market331
Property Features for 7900 E 17th Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Ind
Parking
5
Parking features
Assigned, Parking Lot
Directions
From I-435, take the Truman Road exit and head west. Turn right onto E 17th Street. Property is located on the south side of the street, just east of Ewing Ave. Look for fenced yard and warehouse building marked 7900 E 17th St.
Subdivision
202 - Kansas City Area (So. of River)
Standard status
Active
APN
27-330-21-02-01-0-00-000
Lot size
1.22 Acres
Taxes and HOA fees
Tax Description
EAST MANCHESTER LOTS 254-267 & W 1/2 LOT 268 & PT W 1/2 VAC ALLEY LY E & ADJ LOTS 254-262 & PT OF S 1/2 VAC ALLEY LY N & ADJ LOTS 263-267 & W 1/2 LOT 268
Tax Annual Amount
2350
Legal Description
EAST MANCHESTER LOTS 254-267 & W 1/2 LOT 268 & PT W 1/2 VAC ALLEY LY E & ADJ LOTS 254-262 & PT OF S 1/2 VAC ALLEY LY N & ADJ LOTS 263-267 & W 1/2 LOT 268
Utilities
Utilities
Water Available
Building Details
Year built
1956
Floors in Building
1
Listing Agency:
KW KANSAS CITY METRO · Keller Williams Realty
(913) 825-7500
Listed By:
Helen Turley · License #1899915 WP
(913) 244-2126
Added: Oct 31, 2025
Changed: Sep 12
Last Checked: Sep 26 at 1:06AM
MLS# 2584681
Copyright © 2026 Heartland Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This flex property includes a 3,816-square-foot warehouse and shop with office area, updated windows, and a roll-up door configured for truck entry or use as a repair bay. The building dates to 1956 and sits on a 1.22-acre fenced lot with broad access for trucks and outdoor storage. Industrial zoning supports light-industrial operations, including equipment storage, auto service, and small manufacturing.
Public water, sewer, and gas serve the property. The site is positioned near Truman Road and I-435 in Kansas City’s established industrial corridor, providing access for service, fleet, contractor, and warehouse-oriented operations. On-site parking is available through a parking lot and assigned spaces.
Public water, sewer, and gas serve the property. The site is positioned near Truman Road and I-435 in Kansas City’s established industrial corridor, providing access for service, fleet, contractor, and warehouse-oriented operations. On-site parking is available through a parking lot and assigned spaces.
Key Highlights
- 3,816‑square‑foot warehouse and shop with office area
- 1.22‑acre fenced lot with broad truck access
- Roll‑up door accommodates truck entry and repair‑bay use
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$30,529
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.39%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$610,580
$610.6K
Cap Rate 7%
$436,129
$436.1K
Cap Rate 9%
$339,211
$339.2K
Market Conditions
NOI Build-Up for 3,816 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$38.0K $9.96/SF
− Vacancy
−$2.1K −$0.55/SF
EGI
$35.9K $9.41/SF
− OpEx
−$5.4K −$1.41/SF
NOI
$30.5K $8.00/SF
Area
Kansas City, MO
Vacancy
5.50%
Lease Rate
$9.96 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$610,580
Cap Rate 7%
$436,129
Cap Rate 9%
$339,211
Alternative Uses
Best Use
Warehouse
$436.1K
$381.6K – $508.8K
NOI $30,529 @ 7.0% cap · market cap 4.39%
Second Best
Flex RnD
$427.1K
$373.7K – $498.3K
NOI $29,896 @ 7.0% cap · market cap 4.30%
Theoretical Best
Office A
$908.9K
$795.3K – $1.06M
NOI $63,625 @ 7.0% cap · market cap 9.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
1
Drive-in doors
Yes
Fenced yard
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
244
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 64126, MO
6,799
Population
2,797
Households
2.4
Avg Household Size
30
Median Age
5%
College-Educated
66%
High-School Grad
2.6 sq mi
ZIP Area
2,615
Density / Sq Mi
$36,009
Median Household Income
$29,286
Median Earnings
$967
Median Rent
$54,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Kansas City, MO
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Frequently Asked Questions
What type of property is this?
Flex space - Industrial building with truck access, office improvements, and outdoor storage.
Where is this flex space located?
The property is located at 7900 E 17th Street Kansas City, MO.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: 3,816‑square‑foot warehouse and shop with office area; 1.22‑acre fenced lot with broad truck access; Roll‑up door accommodates truck entry and repair‑bay use
