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Owner-User Office Building
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11015 W 75th Terrace, Overland Park, KS 66214

Office property suited to an owner-user seeking a dedicated commercial workplace.

Property Size5,307 SF
Price / SF$160.17
Days on Market51

Property Features for 11015 W 75th Terrace

General Information

Standard status Active
Size 5,307 SF
Total Parking Spaces 42
Property subtype Office
Investment Type Owner/User

Building Details

Buildings 1
Listing Agency: Colliers - Kansas City, Missouri
Listed By: Carson St Clair · License #KS 2022041492
Source: Crexi
Added: Aug 18 Changed: Sep 26 Last Checked: Oct 7 at 10:08AM

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.

This office building contains 5,307 square feet and is offered for sale as an owner-user property. The asset is located at 11015 W 75th Terrace in Overland Park, Kansas 66214.

Key Highlights

  • 5,307 SF office building
  • Owner‑user office property
  • Located at 11015 W 75th Terrace, Overland Park, KS 66214

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$67,286
Cap Rate
7.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,345,720 $1.3M
Cap Rate 7%
$961,229 $961.2K
Cap Rate 9%
$747,622 $747.6K
Market Conditions
NOI Build-Up for 5,307 SF
Gross rent
$111.4K $21.00/SF
− Vacancy
−$21.7K −$4.10/SF
EGI
$89.7K $16.90/SF
− OpEx
−$22.4K −$4.23/SF
NOI
$67.3K $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%
$1,345,720
Cap Rate 7%
$961,229
Cap Rate 9%
$747,622

Alternative Uses

Best Use
Office B
$961.2K
$841.1K – $1.12M (±1% cap)
NOI $67,286 @ 7.0% cap · market cap 7.92%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.37M
$1.20M – $1.60M (±1% cap)
NOI $95,717 @ 7.0% cap · market cap 11.26%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Kansas National Education ... Charitable Organization

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Catering Service Barber Shop Law Firm Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

839
Businesses Nearby

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
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Office property suited to an owner-user seeking a dedicated commercial workplace.
Where is this office building located?
The property is located at 11015 W 75th Terrace Overland Park, KS.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 5,307 SF office building; Owner‑user office property; Located at 11015 W 75th Terrace, Overland Park, KS 66214
(816) 531-5303 Call to check price and availability
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