Drive-In Door Retail
7301 State Ave Kansas City, KS 66112
For Sale
Contact for pricing
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 Market500
Property Features for 7301 State Ave
General Information
Standard status
Active
Size
16,100 SF
Lot size
10.07 Acres
Property subtype
INDUSTRIAL
Listing Agency:
NAI Heartland | Kansas City
(913) 219-2518
Listed By:
Seth Sinovic
(913) 219-2518
Source:
Moodyscre
Added: Mar 17, 2025
Changed: Jul 26
Last Checked: Jul 29 at 12:07PM
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
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 For Office B
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 | $289.8k | $18.00 |
| − Vacancy | −$76.2k | −$4.73 |
| EGI | $213.6k | $13.27 |
| − OpEx | −$53.4k | −$3.32 |
| NOI | $160.2k | $9.95 |
16,100 SF · lease $18.00/SF/yr · vacancy 26.30% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.29M
$2.00M – $2.67M
NOI $160,187 @ 7.0% cap · market cap 4.85%
Second Best
Flex RnD
$1.67M
$1.46M – $1.95M
NOI $116,789 @ 7.0% cap · market cap 3.54%
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.
Property Analytics
Location Intelligence
Current Use
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
