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Secured Warehouse with Fenced Lot

19 Elmwood Avenue Kansas City, KS 66103

19 Elmwood Avenue, Kansas City, KS, 66103
$2,600,000
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 Market116

Property Features for 19 Elmwood Avenue

General Information

Standard status
Active
Size
31,700 SF
Property subtype
Industrial
Listing Agency
Listed by Ben Whetstone
Source Cbre
Added: Mar 25 Checked: Jul 17 at 5:46 am

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

Local 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 (±1% cap)
NOI $229,167 @ 7.0% cap · market cap 8.81%
Second Best
Industrial
$2.70M
$2.36M – $3.15M (±1% cap)
NOI $188,726 @ 7.0% cap · market cap 7.26%
Theoretical Best
Office A
$5.25M
$4.60M – $6.13M (±1% cap)
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

Suggested Use

Real Estate Agency Dental Office Hair Salon Nail Salon Food Market Garden Center (Bike/Boat/Book/etc) Store Grocery & Convenience Store Auto Parts Store Veterinary Clinic

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

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
Contact an agent
More about this property
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