Industrial Flex Business
For Sale
Contact for pricing
10400 Hickman Mills Drive, Kansas City, MO 64137
Industrial/flex investment property with highway access via I-435 and I-49.
Property Size43,723 SF
Price / SF$140.66
Days on Market38
Property Features for 10400 Hickman Mills Drive
General Information
Standard status
Active
Size
43,723 SF
Property subtype
Industrial
Zoning
UR
Building Details
Year Built
1986
Listing Agency:
Colliers - Kansas City, Missouri
(913) 461-5229
Listed By:
John Stafford · License #MO 00228414
Source:
Crexi
Added: Jun 30
Changed: Jul 22
Last Checked: Jul 22 at 3:52PM
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 Colliers - Kansas City, Missouri
Investment Insights
Based on property information with market context.
Hickman Business Center is an industrial/flex investment sale offering. The property is positioned as an industrial business center with flex-oriented space for compatible light industrial or warehouse uses.
The asset is located at 10400 Hickman Mills Drive in Kansas City, Missouri, and provides access to major highways via I-435 and I-49.
This offering is presented for sale as a commercial real estate investment property.
The asset is located at 10400 Hickman Mills Drive in Kansas City, Missouri, and provides access to major highways via I-435 and I-49.
This offering is presented for sale as a commercial real estate investment property.
Key Highlights
- Industrial/flex investment property built in 1986
- Located at 10400 Hickman Mills Drive in Kansas City, MO
- Highway access via I‑435 and I‑49
Financial Insights For Warehouse
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 | $435.5k | $9.96 |
| − Vacancy | −$24.0k | −$0.55 |
| EGI | $411.5k | $9.41 |
| − OpEx | −$61.7k | −$1.41 |
| NOI | $349.8k | $8.00 |
43,723 SF · lease $9.96/SF/yr · vacancy 5.50% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$5.00M
$4.37M – $5.83M
NOI $349,800 @ 7.0% cap · market cap 5.69%
Second Best
Flex RnD
$4.89M
$4.28M – $5.71M
NOI $342,540 @ 7.0% cap · market cap 5.57%
Theoretical Best
Office A
$10.41M
$9.11M – $12.15M
NOI $729,006 @ 7.0% cap · market cap 11.85%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
438
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 64137, MO
10,041
Population
4,879
Households
2.1
Avg Household Size
34
Median Age
38%
College-Educated
94%
High-School Grad
5.8 sq mi
ZIP Area
1,731
Density / Sq Mi
$64,097
Median Household Income
$39,205
Median Earnings
$1,127
Median Rent
$179,000
Median Home Value
Market
Vacancy Rate% for Industrial in Kansas City, MO
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - Industrial/flex investment property with highway access via I-435 and I-49.
Where is this flex space located?
The property is located at 10400 Hickman Mills Drive Kansas City, MO.
What is the asking price?
The asking price for this property is $6,150,000.
What are key features of this property?
This property features: Industrial/flex investment property built in 1986; Located at 10400 Hickman Mills Drive in Kansas City, MO; Highway access via I‑435 and I‑49
