Flex Building with Lab
10330 Hickman Mills Drive Kansas City, MO 64137
For Sale
Contact for pricing
Air-conditioned flex/office building with lab infrastructure, multiple dock doors, and 20-foot clear height to the deck.
Property Size39,204 SF
Price / SF$86.73
Days on Market99
Property Features for 10330 Hickman Mills Drive
General Information
- Standard status
- Active
- Size
- 39,204 SF
- Property subtype
- Office, Mixed Use
Listing Agency:
Newmark
(816) 268-4249
Listed By:
Tommy Gentry · License #MO 00240607
Source:
Crexi
Added: Apr 16
Changed: Jul 23
Last Checked: Jul 23 at 10:06AM
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 Newmark
Investment Insights
Based on property information with market context.
This flex-style building totals 39,204 square feet, with 33,578 square feet available for an owner/user. The layout is described as suitable for office, flex, medical, or service-oriented uses, and the property includes lab infrastructure and a building generator for lab components. The building is fully air-conditioned and has a newer roof, with 2 existing dock doors and the ability to add 2 more for a total of 4. Clear height is listed as 20 feet to the deck and 18 feet to the truss.
The property is visible from I-470 and provides exposure to 75,000+ vehicles per day. It is described as minutes from the Oracle Cerner Innovations Campus, and sits on a 3.11-acre site. UR zoning is noted as allowing flexibility on building use.
The site includes dock loading and lab-supporting infrastructure within a flexible, climate-controlled building configuration.
The property is visible from I-470 and provides exposure to 75,000+ vehicles per day. It is described as minutes from the Oracle Cerner Innovations Campus, and sits on a 3.11-acre site. UR zoning is noted as allowing flexibility on building use.
The site includes dock loading and lab-supporting infrastructure within a flexible, climate-controlled building configuration.
Key Highlights
- 39,204 SF building with 33,578 SF available for owner/user
- Visible from I‑470 with exposure to 75,000+ vehicles per day
- 3.11‑acre site with UR zoning allowing flexibility on building use
Financial Insights For Flex RnD
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 | $508.1k | $12.96 |
| − Vacancy | −$35.6k | −$0.91 |
| EGI | $472.5k | $12.05 |
| − OpEx | −$165.4k | −$4.22 |
| NOI | $307.1k | $7.83 |
39,204 SF · lease $12.96/SF/yr · vacancy 7.00% · expense 35.00%
Alternative Uses
Best Use
Office B
$7.91M
$6.92M – $9.23M
NOI $553,882 @ 7.0% cap · market cap 16.29%
Second Best
Healthcare Medical
$7.42M
$6.49M – $8.66M
NOI $519,375 @ 7.0% cap · market cap 15.28%
Theoretical Best
Office A
$9.34M
$8.17M – $10.89M
NOI $653,659 @ 7.0% cap · market cap 19.23%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Munoz Phillip A MD
Physician
Partners In Behavioral Milestones
Special Education Facility
Andre Bonge, OT
Physician
Samantha Lester, OT
Physician
Opportunity Knocks Agency
Employment Agency
FAQs
What type of property is this?
Flex space - Air-conditioned flex/office building with lab infrastructure, multiple dock doors, and 20-foot clear height to the deck.
Where is this flex space located?
The property is located at 10330 Hickman Mills Drive Kansas City, MO.
What is the asking price?
The asking price for this property is $3,400,000.
What are key features of this property?
This property features: 39,204 SF building with 33,578 SF available for owner/user; Visible from I‑470 with exposure to 75,000+ vehicles per day; 3.11‑acre site with UR zoning allowing flexibility on building use
