Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1129 Merriam Ln Kansas City, KS 66103

    For Sale
    $830,000

    10,800 SF warehouse in Kansas City, Kansas.

    Property size:
    10,800 SF
    Lot size:
    5.05 Acres

    Property Features for 1129 Merriam Ln

    General Information

    Size
    10,800 SF
    Lot size
    5.05 Acres

    Source: Colliers | Kansas City Agent Jack Higgins

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

    Overview

    Kansas City Warehouse For Sale

    This 10,800 square foot warehouse is located in Wyandotte County, Kansas, and offers convenient interstate access to I-35, I-635, and Hwy 69. The property is situated on a 5.05-acre parcel and is currently 100% leased to Forshaw, Inc. The lease is structured as NNN, with the landlord responsible for structural repairs and replacement, as well as parking lot replacement. The lease term is five years, with the tenant holding two five-year options to renew. The current net operating income (NOI) is $72,683.40, with annual rent escalations tied to the Consumer Price Index (CPI).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    FORSHAW Inc Distribution Service

    Suggested Use

    Realty agency Restaurant Law Firm Hair Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness Wholesale Shop Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    SiteBox Storage

    Location Insight

    • Map
    • Local Demand
    City
    Kansas City
    County
    Wyandotte
    State
    Kansas
    Longitude
    -94.638971
    Latitude
    39.055288

    Nearby Similar for Sale

    • New
      $640,000
      0.37 Acres

      Versatile Mixed-Use Investment Opportunity

      Mixed-use building with office suites and residential apartment near I-35.
      1119-1125 Merriam Ln, Kansas City, KS 66103
      View Details
    • $379,000
      0.31 Acres

      Kansas City Multifamily Investment Opportunity

      Five-unit multifamily property with potential for a sixth unit.
      1 Mcgrew Grv St, Kansas City, KS 66101
      View Details
    • $225,000
      Pending

      Turnkey Duplex in Kansas City

      Well-maintained duplex in desirable neighborhood, ideal for investors or owner-occupants.
      336 N 16Th St, Kansas City, KS 66102
      View Details
    • $2,250,000
      1.03 Acres

      Spacious Industrial Building in Kansas City

      Over 25,000 SF industrial building with versatile amenities.
      200 N 6Th St, Kansas City, KS 66101
      View Details
    • New
      $299,000
      0.55 Acres

      Established Bar with Prime Location

      Fully equipped bar for sale with high-exposure lot.
      6500 Kaw Dr, Kansas City, KS 66111
      View Details
    • $500,000
      2.01 Acres

      Historic School Building on Two Acres

      Historic 1922 school building on two acres in residential community.
      1303 N 36Th St, Kansas City, KS 66102
      View Details

    FAQs

    What type of property is this?
    Warehouse - 10,800 SF warehouse in Kansas City, Kansas.
    Where is this warehouse located?
    The property is located at 1129 Merriam Ln Kansas City, KS.
    What is the asking price?
    The asking price for this property is $830,000.
    What are key features of this property?
    This property features: - High Year 1 Cap Rate: 8.75%; - 100% Leased to Forshaw, Inc.; - NNN Lease Structure with Limited Landlord Responsibilities
    (816) 531-5303
    Request Owner's contact information
    1129 Merriam Ln Kansas City, KS 66103
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1129 Merriam Ln
    Kansas City, KS 66103
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    1129 Merriam Ln Kansas City, KS 66103
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.