Secured Warehouse with Fenced
19 Elmwood Avenue Kansas City, KS 66103
For Sale
$2,600,000
Warehouse with fenced lot, 2,500 SF office, and dock doors.
Property Size31,700 SF
Price / SF$82.02
Days on Market124
Property Features for 19 Elmwood Avenue
General Information
- Standard status
- Active
- Size
- 31,700 SF
- Property subtype
- Industrial
Listing Agency:
(816) 756-3535
Listed By:
Ben Whetstone
(816) 756-3535
Source:
Cbre
Added: Mar 25
Changed: Jul 6
Last Checked: Jul 26 at 5:33AM
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 Ben Whetstone
Investment Insights
Based on property information with market context.
This commercial property features a fully fenced and paved secured lot. The warehouse component includes 2,500 square feet of office space. The structure has a clear height of 23 feet and is equipped with 3 dock doors and 1 drive-in door. The property is suitable for warehouse and industrial use.
Key Highlights
- Fully fenced, paved, and secured lot
- Benefit from the 23' clear height
- Features 3 dock doors
Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $285.3k | $9.00 |
| − Vacancy | −$15.7k | −$0.50 |
| EGI | $269.6k | $8.50 |
| − OpEx | −$40.4k | −$1.28 |
| NOI | $229.2k | $7.23 |
31,700 SF · lease $9.00/SF/yr · vacancy 5.50% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$3.27M
$2.86M – $3.82M
NOI $229,167 @ 7.0% cap · market cap 8.81%
Second Best
Industrial
$2.70M
$2.36M – $3.15M
NOI $188,726 @ 7.0% cap · market cap 7.26%
Theoretical Best
Office A
$5.25M
$4.60M – $6.13M
NOI $367,625 @ 7.0% cap · market cap 14.14%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Planet Aid - Kansas ...
Corporate Office
Total Tool Supply ...
Factory
Similar Off Market Nearby
- Kansas City Downtown Underground — 1501 w 31st st, kansas city, mo 64111
- Extra Space Storage — 500 Southwest Blvd, Kansas City, KS 66103, United States
- Terrace Storage Units — 3175 Terrace St, Kansas City, MO 64111
- StorageMart — 195 Southwest Blvd, Kansas City, KS 66103
- Katy Elevator — 340 Southwest Blvd, Kansas City, KS 66103
FAQs
What type of property is this?
Warehouse - Warehouse with fenced lot, 2,500 SF office, and dock doors.
Where is this warehouse located?
The property is located at 19 Elmwood Avenue Kansas City, KS.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: Fully fenced, paved, and secured lot; Benefit from the 23' clear height; Features 3 dock doors
