Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    5320 College Blvd Leawood, KS

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Fully leased Cath Lab near I-435 and medical centers.

    Type:OFFICE
    Property size:
    6,330 SF
    Lot size:
    0.17 Acres
    Price / SF:
    $442/SF
    Added:
    Aug 16, 2022
    Days on Market:
    1354
    Last Refresh:
    Apr 5 at 10:23 pm

    Property Features for 5320 College Blvd

    General Information

    Standard status
    Active
    Size
    6,330 SF
    Lot size
    0.17 Acres
    Property subtype
    OFFICE

    We can help!

    Listing Contact
    Steve Beck

    Listing agent Steve Beck

    Listing office COBE Real Estate

    Listing date Aug 16, 2022

    Source Moodyscre

    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 COBE Real Estate

    Overview

    Fully Leased Cath Lab

    This is a fully leased Cath Lab property available for sale. The property is conveniently located within 2 minutes south of I-435, with access from both College Blvd and 110th St. It is situated in a busy area with nearby traffic from medical centers, including Children's Mercy Hospital Kansas. The property is also located within a mile of Overland Park Convention Center. The property size is 6,330 square feet.
    Location Intelligence

    Current Use by Public Records

    Medical Office Space

    Suggested Use

    Restaurant Law Firm Spa & Massage Center Real Estate Agency Hair Salon Dental Office Nail Salon Building Supply Auto Repair Shop Pharmacy

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

    Similar Places Nearby

    • Phoenix Veterinary Surgical Specialists — 10750 El Monte St Ste 300, Leawood, KS 66211
    • AcuteVet - Veterinary Urgent Care Clinic of Overland Park — 10750 El Monte St Ste 300, Leawood, KS 66211
    • Fox Hill Veterinary Clinic — 4454 W 107th St, Overland Park, KS 66207
    • GoodVets Overland Park Leawood — 4041 Indian Creek Pkwy, Overland Park, KS 66207

    Location Insight

    • Map
    • Local Demand
    City
    Leawood
    County
    Johnson
    State
    Kansas
    Longitude
    -94.6467
    Latitude
    38.9285

    Nearby Similar for Sale

    • $3,000,000

      Leawood Auto Body Shop Opportunity

      Established auto body shop for sale in Leawood, Kansas.
      2007 W 103rd Terrace, Leawood, KS 66206
      View Details
    • Contact for pricing
      12,000 SF

      Leawood Village Mixed-Use Development

      Mixed-use development with retail, restaurant, and office spaces for lease.
      8650 State Line Rd, Leawood, KS
      View Details
    • Contact for pricing
      4,000 SF

      Leawood Village Mixed-Use Development

      Retail, restaurant, and office spaces available in Leawood Village.
      8670 State Line Rd, Leawood, KS
      View Details
    • $22
      56,832 SF

      Leawood Office Space For Sale

      Office building with flexible buildout options and conference facility.
      4601 College Blvd, Leawood, KS 66211
      View Details
    • Contact for pricing
      486,272 SF

      Premier Mixed-Use Destination in Leawood

      Class A office, retail, and restaurant space in affluent Leawood.
      11500 Ash Street, Leawood, KS 66211-7804
      View Details
    • $5,000,000
      51,178 SF

      Leawood Office Building For Sale

      51,178 SF office building in Leawood, Kansas.
      5200 W 110th St, Leawood, KS
      View Details
    • Contact for pricing
      7,887 SF

      Restaurant Pad Site For Lease

      Restaurant pad site with patio and elevator access available.
      5001 Town Center Dr, Leawood, KS
      View Details
    • $6,000,000
      26,750 SF

      Fully Occupied Leawood Office Building

      26,570 SF fully-occupied office building with three tenants.
      4300 W 133rd St, Leawood, KS
      View Details
    • $2,950,000
      18,000 SF

      Leawood Office Building For Sale

      Office building with recent HVAC and parking lot upgrades.
      10965 Granada Ln, Leawood, KS
      View Details
    • Contact for pricing

      Leawood Office Space For Sale

      Office space available for purchase in Leawood, Kansas.
      4001 W 135th St, Leawood, KS 66224
      View Details
    • Contact for pricing

      Class A Office Building Portfolio

      Portfolio of four 100% leased Class A office buildings.
      11601 Granada Ln, Leawood, KS 66211
      View Details

    FAQs

    What type of property is this?
    Medical Office Space - Fully leased Cath Lab near I-435 and medical centers.
    Where is this medical office space located?
    The property is located at 5320 College Blvd Leawood, KS.
    What is the asking price?
    The asking price for this property is $2,800,000.
    What are key features of this property?
    This property features: Fully leased cath lab providing immediate income.; Conveniently located just 2 minutes south of I‑435 for easy access.; High‑traffic area due to proximity to medical centers.
    (480) 251-1505 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Steve Beck
    Learn More
    Request Owner's contact information
    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.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!