10 North Hill St Kansas City, KS 66103
10 North Hill St, Kansas City, KS, 66103
$2,300,000
For Sale
$2,300,000
Warehouses
Property Size30,306 SF
Price / SF$75.89
Days on Market133
Property Features for 10 North Hill St
General Information
- Standard status
- Active
- Size
- 30,306 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1955
Listing Agency
Lee & Associates | Kansas City
(816) 560-1087
Listed by
Bruce Johnson, CCIM · License #MO #BRS1999032034
(816) 560-1087
Source
Lee-associates
Added: Mar 6 Checked: Jul 17 at 6:00 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lee & Associates | Kansas City
Investment Insights
Based on property information with market context.
Key Highlights
- Strategic location in the thriving Kansas City MSA area with immediate access to I‑35 and close proximity to I‑70.
- 30,306 SF building suited for industrial, warehouse, or distribution use.
- Zoned M‑3, catering to a range of industrial activities.
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $272.8k | $9.00 |
| − Vacancy | −$15.0k | −$0.50 |
| EGI | $257.8k | $8.50 |
| − OpEx | −$77.3k | −$2.55 |
| NOI | $180.4k | $5.95 |
30,306 SF · lease $9.00/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Warehouse
$3.13M
$2.74M – $3.65M
NOI $219,090 @ 7.0% cap · market cap 9.53%
Second Best
Industrial
$2.58M
$2.26M – $3.01M
NOI $180,427 @ 7.0% cap · market cap 7.84%
Theoretical Best
Office A
$5.02M
$4.39M – $5.86M
NOI $351,458 @ 7.0% cap · market cap 15.28%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Team Office
Home Decor Store
Similar For Sale Nearby
Similar Off Market Nearby
- Kansas City Downtown Underground — 1501 w 31st st, kansas city, mo 64111
- Extra Space Storage — 500 Southwest Blvd, Kansas City, KS 66103, United States
- StorageMart — 195 Southwest Blvd, Kansas City, KS 66103
- Katy Elevator — 340 Southwest Blvd, Kansas City, KS 66103
FAQs
Where is this warehouse located?
The property is located at 10 North Hill St Kansas City, KS.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: Strategic location in the thriving Kansas City MSA area with immediate access to I‑35 and close proximity to I‑70.; **30,306 SF building** suited for industrial, warehouse, or distribution use.; Zoned M‑3, catering to a range of industrial activities.
