Drive-In Door Retail
For Sale
Contact for pricing
7301 State Ave, Kansas City, KS 66112
Retail/commercial building with air-conditioned office and heated warehouse, supported by multiple drive-in doors.
Property Size16,100 SF
Lot Size10.07 Acres
Price / SF$204.97
Days on Market591
Property Features for 7301 State Ave
General Information
Standard status
Active
Size
16,100 SF
Lot size
10.07 Acres
Property subtype
INDUSTRIAL
Site & Location
Neighborhood
Victory Hills
Outdoor Storage
Yes
Additional Details
Drive-In Doors
7
Amenities
air-conditioned office & showroom
heated warehouse
Listing Agency:
NAI Heartland | Kansas City
(913) 362-1000
Listed By:
Seth Sinovic
(913) 219-2518
Source:
Moodyscre
Added: Mar 17, 2025
Changed: Oct 26
Last Checked: Oct 26 at 5:41PM
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 NAI Heartland | Kansas City
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Investment Insights
Based on property information with market context.
This retail and commercial building offers a combined office and warehouse configuration, with approximately 15,000 SF of office/showroom space and about 11,100 SF of warehouse area. The property includes air-conditioned office and showroom improvements, along with a heated warehouse.
Operational access includes five 10' x 10' drive-in doors and two 12' x 12' drive-in doors. Outside, the site provides 10.07 acres of outdoor storage. The property is located at 7301 State Ave, Kansas City, KS 66112.
Overall, the building is designed to support both customer-facing office/showroom use and warehouse operations, with dedicated drive-in loading and substantial outdoor storage space.
Operational access includes five 10' x 10' drive-in doors and two 12' x 12' drive-in doors. Outside, the site provides 10.07 acres of outdoor storage. The property is located at 7301 State Ave, Kansas City, KS 66112.
Overall, the building is designed to support both customer-facing office/showroom use and warehouse operations, with dedicated drive-in loading and substantial outdoor storage space.
Key Highlights
- 16,100 SF retail/commercial building with 5,000 SF office and 11,100 SF warehouse
- Heated warehouse plus air‑conditioned office and showroom space
- Five 10 29 and two 12 29 drive‑in doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$116,789
Cap Rate
3.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,335,780
$2.3M
Cap Rate 7%
$1,668,414
$1.7M
Cap Rate 9%
$1,297,656
$1.3M
Market Conditions
NOI Build-Up for 16,100 SF
Gross rent
$193.2K $12.00/SF
− Vacancy
−$13.5K −$0.84/SF
EGI
$179.7K $11.16/SF
− OpEx
−$62.9K −$3.91/SF
NOI
$116.8K $7.25/SF
Area
Kansas City, KS
Vacancy
7.00%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,335,780
Cap Rate 7%
$1,668,414
Cap Rate 9%
$1,297,656
Alternative Uses
Best Use
Flex RnD
$1.67M
$1.46M – $1.95M
NOI $116,789 @ 7.0% cap · market cap 3.54%
Second Best
Warehouse
$1.66M
$1.45M – $1.94M
NOI $116,391 @ 7.0% cap · market cap 3.53%
Theoretical Best
Office A
$2.67M
$2.33M – $3.11M
NOI $186,712 @ 7.0% cap · market cap 5.66%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Current Use
Lease Details
7
Drive-in doors
Location Intelligence
Trade Area within ½ mile
261
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 66112, KS
12,507
Population
5,512
Households
2.3
Avg Household Size
36
Median Age
29%
College-Educated
88%
High-School Grad
5.5 sq mi
ZIP Area
2,274
Density / Sq Mi
$62,824
Median Household Income
$38,441
Median Earnings
$1,132
Median Rent
$186,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Flex space - Retail/commercial building with air-conditioned office and heated warehouse, supported by multiple drive-in doors.
Where is this flex space located?
The property is located at 7301 State Ave Kansas City, KS.
What is the asking price?
The asking price for this property is $3,300,000.
What are key features of this property?
This property features: 16,100 SF retail/commercial building with 5,000 SF office and 11,100 SF warehouse; Heated warehouse plus air‑conditioned office and showroom space; Five 10 29 and two 12 29 drive‑in doors
