Overland Park Office For
For Sale
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10841 W 87th St Suite C3, Overland Park, KS 66214
Office unit available for sale in Overland Park, Kansas.
Property Size2,617 SF
Price / SF$190.68
Days on Market230
Property Features for 10841 W 87th St Suite C3
General Information
Standard status
Active
Size
2,617 SF
Class
C
Property subtype
Office
Zoning
CP-O
Lease Type
NNN
Investment Type
Owner/User
Site & Location
Neighborhood
Sunset Heights
Building Details
Year Built
1985
Year Renovated
2026
Buildings
1
Stories
1
Units
1
Listing Agency:
Cypress Realty LLC
Listed By:
Mark Neighbors · License #00039836
Source:
Crexi
Added: Mar 9
Changed: Oct 8
Last Checked: Oct 23 at 5:50AM
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 Cypress Realty LLC
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Investment Insights
Based on property information with market context.
An office unit is available for sale in Overland Park, Kansas. The property offers a total size of 2617 square feet, presenting an investment opportunity.
Key Highlights
- Investment opportunity
- Built in 1985
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,180
Cap Rate
6.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$663,600
$663.6K
Cap Rate 7%
$474,000
$474.0K
Cap Rate 9%
$368,667
$368.7K
Market Conditions
NOI Build-Up for 2,617 SF
Gross rent
$55.0K $21.00/SF
− Vacancy
−$10.7K −$4.10/SF
EGI
$44.2K $16.90/SF
− OpEx
−$11.1K −$4.23/SF
NOI
$33.2K $12.68/SF
Area
Overland Park, KS
Vacancy
19.50%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$663,600
Cap Rate 7%
$474,000
Cap Rate 9%
$368,667
Alternative Uses
Best Use
Office B
$474.0K
$414.8K – $553.0K
NOI $33,180 @ 7.0% cap · market cap 6.65%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$674.3K
$590.0K – $786.7K
NOI $47,200 @ 7.0% cap · market cap 9.46%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,260
Businesses Nearby
Explore this area
Business Placement
Demographics for 66214, KS
12,263
Population
5,652
Households
2.2
Avg Household Size
35
Median Age
52%
College-Educated
95%
High-School Grad
3.9 sq mi
ZIP Area
3,144
Density / Sq Mi
$80,842
Median Household Income
$47,740
Median Earnings
$1,122
Median Rent
$321,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office unit - Office unit available for sale in Overland Park, Kansas.
Where is this office unit located?
The property is located at 10841 W 87th St Suite C3 Overland Park, KS.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Investment opportunity; Built in 1985
