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    8001-8115 Shawnee Msn Pkwy Merriam, KS 66202

    For Sale
    $1,300,000

    Retail redevelopment opportunity with cashflow in Merriam, Kansas.

    Property size:
    19,307 SF

    Property Features for 8001-8115 Shawnee Msn Pkwy

    General Information

    Size
    19,307 SF

    Source: Jon England, CCIM, SEC Agent Jon England, CCIM, SEC

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Redevelopment Opportunity with Interim Cashflow

    Corporate Village is located in a densely populated and affluent area with over 240,000 people within a 5-mile radius and an average household income of $102,125. The property is situated to the east of the $136 million, mixed-use Merriam Grand Station redevelopment project, which includes 202 new apartment units. Currently, Corporate Village is 93% occupied by a mix of short-term office users, with the majority of tenants having signed “out” clauses for potential redevelopment. This presents a retail redevelopment opportunity with cash flow in the interim while navigating the entitlement process. The property is minutes from the only IKEA store in the Kansas City metropolitan area, a major retail draw for the region. Corporate Village benefits from visibility to over ±38,000 vehicles per day on Shawnee Mission Parkway and quick access to Interstate 35. The property size is 19,307 square feet.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Map

    City
    Merriam
    County
    Johnson
    State
    Kansas
    Longitude
    -94.6697
    Latitude
    39.0241

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    FAQs

    What type of property is this?
    Office building - Retail redevelopment opportunity with cashflow in Merriam, Kansas.
    Where is this office building located?
    The property is located at 8001-8115 Shawnee Msn Pkwy Merriam, KS.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: - Retail redevelopment opportunity with existing cashflow.; - High visibility location with ±38,000 vehicles per day.; - Located in a densely populated, affluent area: 240,000+ people within 5 miles.
    (913) 890-2002
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8001-8115 Shawnee Msn Pkwy Merriam, KS 66202
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